Plan Ledger DOL Form 5500 · updated monthly

Capital Tire, Inc.401(k)

THE CAPITAL TIRE GROUP PROFIT SHARING AND 401(K) PLAN · ROSSFORD, OH · plan year 2024

Reported admin expense ratio · 2024
0.75%

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

Capital Tire, Inc. reported $66,152 in plan administrative expenses for 2024: 0.75% of average plan assets, above the peer median. Employer contributions averaged $1,293 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 2 years on file its reported administrative ratio rose from 0.63% to 0.75%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Ohio (2,069th of 3,295), and 3,029th of 4,246 in wholesale trade. In 2024, employees put in $2.82 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,196,693
Participants with balances207
Active participants180
Employer contributions$232,736
Employee contributions$656,432
Employer contribution per active participant$1,293
Average account balance$44,428
Benefits paid to participants$695,355
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.2M · 207 accts · $233K emplr
2023$8.3M · 219 accts · $241K emplr
2022$8.6M · 191 accts · $150K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,087
Investment management$47,065
Total administrative$66,152
The Capital Tire, Inc. 401(k) match · 2024
Employer contribution per active participant$1,293
Median for plans this size$1,313
2024$1,293 per active participant
2023$1,352 per active participant
2022$904 per active participant

Capital Tire, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size. 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
EMPOWER ADVISORY GROUP, LLC · Investment management$33,161
FIFTH THIRD BANK · Investment advisory (plan)$8,707
CHARLES SCHWAB & CO, INC. · Securities brokerage$16

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$66,152 · 0.75%
2023$54,361 · 0.64%
2022$58,497 · 0.63%
Same employer
Similar plansWholesale Trade · Ohio
Great Lakes Petroleum Co. OH$9.3M · 0.70%
Summitville Tiles, Inc OH$9.2M · 0.73%
Caruso, Inc. OH$8.7M · 0.06%
Tarrier Foods Corporation OH$8.2M · 0.62%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 340894904 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.