Twin Cities Automotive, Llc 401(k) Plan (terminated 2024): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2024, when $373,065 was transferred out of the plan. Assets moved to the POHLAD COMPANIES RETIREMENT SAVINGS PLAN (sponsored by POHLAD COMPANIES, LLC). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

See the POHLAD COMPANIES RETIREMENT SAVINGS PLAN

Twin Cities Automotive, Llc 401(k) Plan Facts (plan year 2024)

Plan name
CAROUSEL MOTOR GROUP 401(K) SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
TWIN CITIES AUTOMOTIVE LLC
Participants
889
Former employees with a balance
0
Employer contributions
$239,034 in plan year 2024 (19% of all contributions)
Recordkeeper
Empower Annuity Insurance Company
Plan year
Jan 1, 2024 – Oct 9, 2024
Plan established
Jun 1, 2008
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 – Oct 9, 2024), filed Feb 3, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $1.23 million went into the plan in contributions, $239,034 of it from the employer (19%).
  • $52.9 million was paid out to participants.
  • Investment and other income added $3.99 million.

How the Twin Cities Automotive, Llc 401(k) changed, 20192024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019991$31.6 million$776,233$6.75 million
2020806$38.5 million$822,701$1.91 million
2021775$44.0 million$806,457$4.14 million
2022727$38.2 million$1.02 million$3.39 million
2023746$48.1 million$971,636$3.87 million
2024 (final)889$0$239,034$52.9 million

Twin Cities Automotive, Llc 401(k) Contact Information

Phone
612-661-3924
Mailing address
250 NICOLLET MALL, SUITE600, MINNEAPOLIS MN 55401
Plan sponsor
TWIN CITIES AUTOMOTIVE LLC
Employer identification number (EIN)
26-1871075
Plan number
001

Questions about the Twin Cities Automotive, Llc 401(k)

Is the Twin Cities Automotive, Llc 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2024. Its assets were transferred to the POHLAD COMPANIES RETIREMENT SAVINGS PLAN.

Does Twin Cities Automotive, Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $239,034, 19% of all contributions.

Does the Twin Cities Automotive, Llc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Twin Cities Automotive, Llc 401(k) plan?

889 participants at the start of plan year 2024.

Who manages the Twin Cities Automotive, Llc 401(k) accounts?

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

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