Plan Ledger DOL Form 5500 · updated monthly

Cooper Tire & Rubber Company LLC401(k)

COOPER TIRE & RUBBER COMPANY SPECTRUM INVESTMENT SAVINGS PLAN · AKRON, OH · plan year 2022

Reported admin expense ratio · 2022
0.08%

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

Cooper Tire & Rubber Company LLC reported $417,472 in plan administrative expenses for 2022: 0.08% of average plan assets, above the peer median. Employer contributions averaged $4,858 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.

The plan sits in the $250M–$1B size bracket, benchmarked here against 2,568 comparable plans and shown alongside other manufacturing employers. By assets it is the 117th-largest of 3,295 plans among Ohio employers on file, and the 634th of 13,661 in manufacturing. In 2022, employees put in $1.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$443,820,592
Participants with balances3,586
Active participants2,871
Employer contributions$13,946,291
Employee contributions$24,144,376
Employer contribution per active participant$4,858
Average account balance$123,765
Benefits paid to participants$61,711,834
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$443.8M · 3,586 accts · $13.9M emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$417,472
Total administrative$417,472
The Cooper Tire & Rubber Company LLC 401(k) match · 2022
Employer contribution per active participant$4,858
Median for plans this size$4,065

Cooper Tire & Rubber Company LLC's 2022 employer contribution ran above the $4,065 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$417,472 · 0.08%
All plans at this employer3
COOPER TIRE & RUBBER COMPANY SPECTRUM INVESTMENT SAVINGS PLAN401(k)
COOPER TIRE & RUBBER COMPANY PRE-TAX SAVINGS PLAN (TEXARKANA)401(k) + ESOP (KSOP)
COOPER TIRE & RUBBER COMPANY PRE-TAX SAVINGS PLAN (FINDLAY)401(k) + ESOP (KSOP)
Same employer
Similar plansManufacturing · Ohio
Great Lakes Cheese Co OH$504.2M · 0.11%
Multi-Color Corporation OH$466.7M · 0.11%
Materion Corporation OH$465.8M · 0.10%
Babcock & Wilcox Company OH$457.4M · 0.04%
O-I Glass, Inc. OH$415.0M · 0.05%
Ariel Corporation OH$390.7M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 344297750 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.