Plan Ledger DOL Form 5500 · updated monthly

Commercial Tire, Inc.401(k)

COMMERCIAL TIRE, INC. PROFIT SHARING 401(K) PLAN · MERIDIAN, ID · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

Commercial Tire, Inc. reported $111,016 in plan administrative expenses for 2024: 0.55% of average plan assets, higher than ~75% of peers. Employer contributions averaged $490 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 0.39% to 0.55%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 105th-largest of 349 plans among Idaho employers on file, and the 1,388th of 5,215 in retail trade. In 2024, employees put in $6.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,229,733
Participants with balances761
Active participants664
Employer contributions$325,165
Employee contributions$2,079,997
Employer contribution per active participant$490
Average account balance$27,897
Benefits paid to participants$3,336,723
Plan auditUnmodified (clean) audit opinion
AuditorRIPLEY DOORN & COMPANY, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$21.2M · 761 accts · $325K emplr
2023$19.3M · 807 accts · $370K emplr
2022$16.1M · 783 accts · $379K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$111,016
Total administrative$111,016
The Commercial Tire, Inc. 401(k) match · 2024
Employer contribution per active participant$490
Median for plans this size$2,416
2024$490 per active participant
2023$530 per active participant
2022$537 per active participant

Commercial Tire, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20242
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$111,016
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect 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$111,016 · 0.55%
2023$93,811 · 0.53%
2022$67,617 · 0.39%
All plans at this employer2
COMMERCIAL TIRE, INC. PROFIT SHARING 401(K) PLAN401(k)
COMMERCIAL TIRE, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUSTESOP
Same employer
Similar plansRetail Trade · Idaho
Right! Systems, Inc. ID$31.9M · 0.34%
Atkinsons Market Inc ID$25.2M · 0.28%
Manito Super 1 Foods Inc. ID$24.1M · 0.38%
Peterson Motor Company ID$23.5M · 0.60%
Bish's Rv Inc. ID$19.9M · 0.49%
D&B Supply Co. ID$18.4M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 820289818 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.