Plan Ledger DOL Form 5500 · updated monthly

Belle Tire Distributors, Inc.401(k)

BELLE TIRE DISTRIBUTORS, INC. 401(K) SALARY REDUCTION PLAN & TRUST · ALLEN PARK, MI · plan year 2024

Reported admin expense ratio · 2024
0.27%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

Belle Tire Distributors, Inc. reported $207,243 in plan administrative expenses for 2024: 0.27% of average plan assets, higher than ~75% of peers. Employer contributions averaged $343 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.27%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 346th-largest of 2,619 plans among Michigan employers on file, and the 432nd of 5,215 in retail trade. In 2024, employees put in $8.59 for every $1.00 the employer contributed; active participation has grown from 2,092 to 3,119 since 2022.

Plan summary
Net assets, end of year$82,970,758
Participants with balances3,635
Active participants3,119
Employer contributions$1,070,206
Employee contributions$9,192,619
Employer contribution per active participant$343
Average account balance$22,826
Benefits paid to participants$8,685,248
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$83.0M · 3,635 accts · $1.1M emplr
2023$71.8M · 2,968 accts · $868K emplr
2022$55.9M · 2,551 accts · $934K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$102,549
Investment management$88,694
Audit (IQPA)$16,000
Total administrative$207,243
The Belle Tire Distributors, Inc. 401(k) match · 2024
Employer contribution per active participant$343
Median for plans this size$3,635
2024$343 per active participant
2023$351 per active participant
2022$447 per active participant

Belle Tire Distributors, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$102,549
MORGAN STANLEY SMITH BARNEY LLC · Investment advisory (participants)$88,694
DOEREN MAYHEW ASSURANCE · Accounting / audit$16,000
SIGMA FINANCIAL CORPindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$207,243 · 0.27%
2023$167,212 · 0.26%
2022$155,582 · 0.26%
Same employer
Similar plansRetail Trade · Michigan
Victory Automotive Group MI$110.9M · 0.70%
General Rv Centers, Inc. MI$77.4M · 0.39%
Zeigler Auto Group, Inc. MI$72.9M · 0.70%
Abc Appliance, Inc. MI$69.7M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381909144 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.