Plan Ledger DOL Form 5500 · updated monthly

Ben Tire Distributors, LTD.ESOP

BEN TIRE DISTRIBUTORS, LTD. EMPLOYEE STOCK OWNERSHIP PLAN · INDIANAPOLIS, IN · plan year 2022

Employer contribution per participant · 2022
$6,209

Ben Tire Distributors, LTD.'s 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $34,333,230 across 313 participant accounts, with employer contributions averaging $6,209 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other wholesale trade employers. By assets it is the 387th-largest of 1,562 plans among Indiana employers on file, and the 1,194th of 4,246 in wholesale trade.

Plan summary
Net assets, end of year$34,333,230
Participants with balances313
Active participants193
Employer contributions$1,198,355
Employee contributions—
Employer contribution per active participant$6,209
Average account balance$109,691
Benefits paid to participants$2,009,253
Plan auditUnmodified (clean) audit opinion
AuditorCROWE
Plan history3
Yearassets · accounts · employer contribution
2024$27.5M · 322 accts
2023$32.3M · 320 accts · $942K emplr
2022$34.3M · 313 accts · $1.2M emplr
Employer contributions to the Ben Tire Distributors, LTD. plan · 2022
Employer contribution per active participant$6,209
Median for plans this size$2,266
2023$4,856 per active participant
2022$6,209 per active participant

Ben Tire Distributors, LTD.'s 2022 employer contribution ran above the $2,266 median for plans its size, placing it in the top 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.

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
All plans at this employer2
BEN TIRE DISTRIBUTORS, LTD. EMPLOYEE STOCK OWNERSHIP PLANESOP
BEN TIRE DISTRIBUTORS, LTD. 401(K) PLAN401(k)
Same employer
Ben Tire Distributors, LTD.'s health & benefits plan: carriers, premiums & broker pay
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Source: U.S. Department of Labor, Form 5500 series, EIN 370912960 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.