Chevrolet

R K Chevrolet, Inc

2661 VA. BEACH BLVD.

VIRGINIA BEACH, VA 23452

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

Plan Data Available

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

The leading signal

R K Chevrolet, Inc

Room to GrowPer-Saver Contribution · Plan Engagement
$2,255/ saver · vs $3,435 national median
27th percentile vs national auto-dealer peers. Sourced from DOL Form 5500.
No trend yet · Workforce footprint
Members Only
Employer Contribution / Participant
$184
vs $852 National Median
Employer Percentile
17th
Where this sits vs national auto-dealer peers.

Per-saver contribution is below the national median — engagement is not yet where it could be. Employer contribution per participant is also below the median. A separate workforce-retention watch flags a sustained decline in active savers — engagement strength is not the same as headcount stability.

Benchmark Scorecard

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

Members
Employer Contribution / Participant
$184
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
$2,255
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
$40,371
vs $48,309 National Median
Room to Grow Nationally

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

Members
Employer Contributions
$26,368
Latest source filing

Total annual employer contribution from the latest DOL filing.

Plan Assets
$5.8M
Latest source filing

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

Plan Participants
143
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

Dealerships in VA contributing more per participant than R K Chevrolet, Inc on employer 401(k) contributions — listed below. Names and locations are public; head-to-head comparison unlocks with your free trial.

These 5 dealerships contribute more than you. Names and locations are public; head-to-head comparison unlocks with your free trial.

1.Priority Automotive Group
CHESAPEAKE, VA • 10 mi
Contributes / participant
$1,455
2.Checkered Flag Motor Car Company, Inc.
VIRGINIA BEACH, VA • 5 mi
Contributes / participant
$948
3.Casey Auto Group
NEWPORT NEWS, VA • 28 mi
Contributes / participant
$893
4.Wynne Ford Inc
HAMPTON, VA • 22 mi
Contributes / participant
$637
5.Beach Ford, Inc
VIRGINIA BEACH, VA • 0 mi
Contributes / participant
$251

No credit card. Email verification only. Full report for this dealership unlocked for 7 days.

Peer Position

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

National Auto Dealers
17th percentile
4966 valid peers
Members
VA Dealers
13th percentile
104 valid peers
Members
Chevrolet Dealers
18th percentile
557 valid peers
Members
Similar-Size Dealers
16th percentile
701 valid peers
Members

Engagement Trajectory

Active-saver trajectory is the leading signal; employer contribution is the lagging confirmation. Public filings from 2022 to 2023. Missing years are not interpolated.

2022202304080120160
Fewer than three annual filings with usable values — no trend available for active-saver trajectory.
Years available: 2022, 2023

Reported Plan Data

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

Plan SponsorR K CHEVROLET, INC.
Plan NameR K CHEVROLET, INC. 401(K) PLAN
EIN Members540761740
Plan Number002
RecordkeeperNot yet contributed — contribute plan data
Trustee / Custodian—
Custodian Phone—
Recordkeeping Fees—
Latest Filing Year2023
Financial Data Year2023
Participants (active, EOY)143
Plan Assets$5.8M
Employer Contributions$26,368
Participant Contributions$322,527
Total Contributions$348,895
Plan Type401(k) + Profit Sharing + 401(m)
Source FormDOL Form 5500-SF
Source Filing ID20240806123034NAL0002260033001
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Members only

R K Chevrolet, Inc's full 401(k) benchmark is reserved for members.

Some of the benchmarking details on this plan are sensitive, so they aren't published publicly — they're available only through a paid membership. There are two ways to unlock them and start moving this plan up.

Work directly with us to climb the ranking

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See exactly where you rank

Private 401(k) benchmark vs national, state, franchise, and similar-size dealer peers — built on public DOL Form 5500 data, never published.

A playbook to climb the ranking

Concrete, fiduciary-grade steps your team or your advisor can execute to move employer contribution, participation, and plan assets above the peer median.

12 months of drift alerts

Quarterly benchmark recalculation plus alerts the moment your plan slips — so the ranking you earn keeps working for your recruiting story.

Turn the 401(k) into a retention weapon

Position the plan so technicians and salespeople brag about it. Dealership turnover hit 46% last year; average tenure is under two years.

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