Priority Automotive Group 401(k) Plan: Login, Facts & Contact Information

Priority Automotive Group 401(k) Plan Facts

Plan name
PRIORITY AUTOMOTIVE GROUP 401(K) & PROFIT SHARING PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
PRIORITY AUTOMOTIVE GROUP
Participants
719 (180 active employees)
Former employees with a balance
315
Plan assets
$21,287,765 at Dec 31, 2024
Average account balance
$49,971 across 426 accounts
Employer contributions
$37,732 in plan year 2024 (5% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 3, 1989
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 14, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $771,722 went into the plan in contributions, $37,732 of it from the employer (5%).
  • $5.25 million was paid out to participants.
  • Investment and other income added $2.86 million.
  • Administrative expenses were $127,437, about $299 per account.

How the Priority Automotive Group 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20191,806$31.1 million$246,000$2.70 million
20201,854$37.5 million$234,234$3.54 million
20211,848$47.0 million$236,500$2.52 million
20221,837$42.2 million$387,922$3.93 million
20231,814$23.0 million$203,648$28.1 million
2024719$21.3 million$37,732$5.25 million

Priority Automotive Group 401(k) Contact Information

Phone
757-424-1811
Mailing address
1800 GREENBRIER PKWY, CHESAPEAKE VA 233202606
Plan sponsor
PRIORITY AUTOMOTIVE GROUP
Employer identification number (EIN)
54-0273390
Plan number
002

Questions about the Priority Automotive Group 401(k)

Does Priority Automotive Group contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $37,732, 5% of all contributions.

Does the Priority Automotive Group 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Priority Automotive Group 401(k) plan?

719 participants at the start of plan year 2024, 180 of them active employees, and 315 former employees who still had money in the plan.

What is the average 401(k) balance at Priority Automotive Group?

About $49,971 per account: $21.3 million in plan assets across 426 accounts with a balance at the end of plan year 2024.

Who manages the Priority Automotive Group 401(k) accounts?

Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Priority Automotive Group. How do I access my 401(k)?

Your account stays with Principal after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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