Wellesley Volkswagen, Buick, Inc. 401(k) Plan: Login, Facts & Contact Information

Wellesley Volkswagen, Buick, Inc. 401(k) Plan Facts

Plan name
COLONIAL AUTOMOTIVE GROUP 401K PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
WELLESLEY VOLKSWAGEN, INC.
Participants
669 (568 active employees)
Former employees with a balance
57
Plan assets
$16,126,342 at Dec 31, 2024
Average account balance
$58,218 across 277 accounts
Recordkeeper
Empower Annuity Insurance
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Mar 1, 1992
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 Jul 22, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $1.98 million went into the plan in contributions.
  • $2.50 million was paid out to participants.
  • Investment and other income added $1.99 million.
  • Administrative expenses were $62,108, about $224 per account.

How the Wellesley Volkswagen, Buick, Inc. 401(k) changed, 20192024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019706$10.1 million$440,206
2020749$11.1 million$1.33 million
2021613$12.8 million$1.77 million
2022635$12.0 million$533,528
2023656$14.8 million$1.34 million
2024669$16.1 million$2.50 million

Wellesley Volkswagen, Buick, Inc. 401(k) Contact Information

Phone
781-237-3553
Mailing address
231 LINDEN STREET, WELLESLEY MA 02482
Plan sponsor
WELLESLEY VOLKSWAGEN, INC.
Employer identification number (EIN)
04-2462613
Plan number
002

Questions about the Wellesley Volkswagen, Buick, Inc. 401(k)

Does Wellesley Volkswagen, Buick, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement.

Does the Wellesley Volkswagen, Buick, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Wellesley Volkswagen, Buick, Inc 401(k) plan?

669 participants at the start of plan year 2024, 568 of them active employees, and 57 former employees who still had money in the plan.

What is the average 401(k) balance at Wellesley Volkswagen, Buick, Inc?

About $58,218 per account: $16.1 million in plan assets across 277 accounts with a balance at the end of plan year 2024.

Who manages the Wellesley Volkswagen, Buick, Inc 401(k) accounts?

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

I no longer work at Wellesley Volkswagen, Buick, Inc. How do I access my 401(k)?

Your account stays with Empower 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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