Honda

Honda Of Downtown Chicago

1111 N. CLARK ST.

CHICAGO, IL 60610

Latest Filing: 2023Financial Data Through: 2023Source: DOL Form 5500

Plan Data Available

Source-backed retirement-plan information is available to benchmark this dealership.

The leading signal

Honda Of Downtown Chicago

Signing Up MoreParticipation Rate · 3-Year Trend
76%actively saving · 2022 → 2023
Up 6.1 pts over 2 filings — more employees signing up. Sourced from DOL Form 5500.
2022
2023
No trend yet · Workforce footprint
Members Only
Employer Contribution / Participant
$164
vs $852 National Median
Employer Percentile
Optimization Potential
Bottom 84% of peers
Where this sits vs national auto-dealer peers.

More participants are actively saving — the participation rate is climbing as employees sign up. Employer contribution per participant is below the national median — the dealership's own investment in the plan has not yet caught up to how engaged its savers are. A separate workforce-retention watch flags a sustained decline in active savers — participation strength is not the same as headcount stability.

Benchmark Scorecard

Observable, source-backed metrics. No inferred grades or quality scores.

Members
Employer Contribution / Participant
$164
vs $852 National Median
Optimization Potential Nationally

The lagging confirmation of plan health. Below median signals under-investment in workforce retention — the dollar has yet to follow the leading active-saver signal.

Members
Participant Contribution / Participant
$2,318
vs $3,435 National Median
Room to Grow Nationally

The leading signal of plan engagement. A rising trajectory precedes the lagging employer-contribution dollar; below median can signal gaps in auto-enrollment or plan design.

Members
Plan Assets / Participant
$19,885
vs $48,309 National Median
Optimization Potential Nationally

How seasoned the workforce is. Below national median can also indicate higher-than-needed employee turnover.

Members
Employer Contributions
$24,257
Latest source filing

Total annual employer contribution from the latest DOL filing.

Plan Assets
$2.9M
Latest source filing

The retirement pool employees are building. Larger pools reflect longer-tenured workforces.

Plan Participants
148
Latest source filing

Active employees covered by the plan — the scope of the dealership's retirement offering.

Local Dealerships with a More Competitive 401(k) Plan

Every comparable dealership we track in IL, ranked by employer contribution per participant. Names and locations are public; head-to-head contribution numbers unlock when you verify your dealership email.

1.Howard Orloff Imports, Inc.
CHICAGO, IL • 2 mi
Contributes / participant
$5,428
2.Loeber Motors, Inc. Salary Deferral
LINCOLNWOOD, IL • 9 mi
Contributes / participant
$3,851
3.Chrysler Dodge Jeep Ram Of Chicago
CHICAGO, IL • 7 mi
Contributes / participant
$1,942
4.Mcgrath City Honda And Mcgrath City Hyundai
CHICAGO, IL • 8 mi
Contributes / participant
$1,774
5.Mcgrath City Mazda
CHICAGO, IL • 6 mi
Contributes / participant
$945
6.Perillo Bmw, Inc
CHICAGO, IL • 0 mi
Contributes / participant
$851
7.City Volkswagen Of Chicago
CHICAGO, IL • 8 mi
Contributes / participant
$769
8.Leader Automotive
CHICAGO, IL • 1 mi
Contributes / participant
$0
9.New Rogers Pontiac, Inc.
CHICAGO, IL • 4 mi
Contributes / participant
—
Marino Chrysler- Jeep-Dodge-Ram
CHICAGO, IL • 7 mi
Ranking available

No credit card. Verify with your dealership work email and every contribution number in this list unblurs — plus your own full benchmark.

Source: U.S. Department of Labor Form 5500. Peer contribution amounts unlock with a verified dealership email or an advisor pass.

All-In Plan Cost

The total cost of running this plan — recordkeeping, administration, custody, advisory, and fiduciary fees — as a percentage of plan assets. Community-sourced from the dealership's own 408(b)(2) fee disclosure.

Not yet contributed

The all-in cost comes from a dealership's own fee disclosure. Verify your dealership email and contribute your plan data to publish it here — and unlock the benchmarked cost analysis.

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Peer Position

Where this dealership ranks on Employer Contribution / Participant across cohorts of similarly comparable dealerships.

National Auto Dealers
Optimization Potential
Bottom 84% of peers
4966 valid peers
Members
IL Dealers
Optimization Potential
Bottom 85% of peers
244 valid peers
Members
Honda Dealers
Room to Grow
Bottom 74% of peers
93 valid peers
Members
Similar-Size Dealers
Optimization Potential
Bottom 86% of peers
701 valid peers
Members

Engagement Trajectory

Active-saver trajectory is the leading signal; employer contribution is the lagging confirmation. Public filings from 2022 to 2024. Missing years are not interpolated.

20222023202404080120160
Fewer than three annual filings with usable values — no trend available for active-saver trajectory.
Years available: 2022, 2023, 2024

Reported Plan Data

The public filing record behind every metric on this page — for audit and trust.

Plan SponsorMAR CHI DBA HONDA OF DOWNTOWN CHICAGO
Plan NameHONDA OF DOWNTOWN CHICAGO 401(K) PLAN
EIN Members823153617
Plan Number001
RecordkeeperNot yet contributed — contribute plan data
Waiting PeriodNot reported on this filing — contribute plan data
Trustee / Custodian—
Custodian Phone—
Recordkeeping Fees—
Latest Filing Year2023
Financial Data Year2023
Participants (active, EOY)148
Plan Assets$2.9M
Employer Contributions$24,257
Participant Contributions$343,066
Total Contributions$367,323
Plan Type401(k) + Profit Sharing + 401(m)
Source FormDOL Form 5500
Source Filing ID20241015161817NAL0058676274001
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Members only

Honda Of Downtown Chicago's full 401(k) benchmark is reserved for members.

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Leadership & Contacts

Who runs Honda Of Downtown Chicago

Senior executives surfaced from public sources. Verify your access to view names and emails.

G••• W••••
Managing Partner / General Manager
B••• S••••
General Sales Manager
T••• E••••
Pre-Owned Manager
M••• V••••
Service Manager
or I'm an executive — submit my info

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