Plan Ledger DOL Form 5500 · updated monthly

Bridgestone Aircraft Tire USA, Inc.401(k)

BRIDGESTONE AIRCRAFT TIRE (USA), INC. 401K · MAYODAN, NC · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Bridgestone Aircraft Tire USA, Inc. reported $30,579 in plan administrative expenses for 2024: 0.32% of average plan assets, below the peer median. Employer contributions averaged $3,563 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 0.323%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in North Carolina (1,083rd of 2,005), and 8,564th of 13,661 in manufacturing. In 2024, employees put in $1.26 for every $1.00 the employer contributed; active participation has grown from 124 to 152 since 2022.

Plan summary
Net assets, end of year$10,493,016
Participants with balances187
Active participants152
Employer contributions$541,559
Employee contributions$680,516
Employer contribution per active participant$3,563
Average account balance$56,112
Benefits paid to participants$644,540
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.5M · 187 accts · $542K emplr
2023$8.4M · 158 accts · $554K emplr
2022$6.4M · 158 accts · $516K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,306
Investment management$2,273
Total administrative$30,579
The Bridgestone Aircraft Tire USA, Inc. 401(k) match · 2024
Employer contribution per active participant$3,563
Median for plans this size$1,313
2024$3,563 per active participant
2023$4,400 per active participant
2022$4,162 per active participant

Bridgestone Aircraft Tire USA, Inc.'s 2024 employer contribution ran above the $1,313 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.

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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$2,637

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$30,579 · 0.32%
2023$23,943 · 0.32%
2022$22,190 · 0.32%
Same employer
Similar plansManufacturing · North Carolina
Kingsdown Incorporated NC$10.7M · 0.35%
Bradford Products, LLC NC$10.5M · 0.19%
Associated Hardwoods, Inc. NC$10.5M · 0.80%
Si East LLC NC$10.4M · 0.17%
Phononic, Inc NC$10.4M · 0.49%
Huntington House, Inc. NC$10.3M · 0.36%
Egger Wood Products, LLC. NC$10.3M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 650785133 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.