Plan Ledger DOL Form 5500 · updated monthly

Dealer Tire LLC401(k)

DEALER TIRE LLC 401(K) SAVINGS PLAN · CLEVELAND, OH · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Dealer Tire LLC reported $618,541 in plan administrative expenses for 2024: 0.16% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,932 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 has held roughly steady near 0.162%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other wholesale trade employers. By assets it is the 121st-largest of 3,295 plans among Ohio employers on file, and the 111th of 4,246 in wholesale trade. In 2024, employees put in $2.79 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$419,439,202
Participants with balances6,697
Active participants5,871
Employer contributions$11,339,959
Employee contributions$31,678,172
Employer contribution per active participant$1,932
Average account balance$62,631
Benefits paid to participants$36,174,212
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history2
Yearassets · accounts · employer contribution
2024$419.4M · 6,697 accts · $11.3M emplr
2023$344.8M · 6,494 accts · $11.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$361,359
Investment management$194,927
Audit (IQPA)$57,900
Total administrative$618,541
The Dealer Tire LLC 401(k) match · 2024
Employer contribution per active participant$1,932
Median for plans this size$4,294
2024$1,932 per active participant
2023$1,949 per active participant

Dealer Tire LLC's 2024 employer contribution ran below the $4,294 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 · 20245
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$361,359
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$115,505
RSM US LLP · Accounting / audit$57,900
CLEARSTEAD ADVISORS, LLC · Investment advisory (plan)$42,270
CBIZ INV. ADVISORY SERVICES, LLC · Consulting$37,152

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2024$618,541 · 0.16%
2023$495,175 · 0.16%
Similar plansWholesale Trade · Ohio
Cardinal Health, Inc. OH$4.8B · 0.05%
The Andersons, Inc. OH$368.4M · 0.10%
Covetrus, Inc. OH$289.6M · 0.13%
Dealer Tire LLC OH$274.7M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 384288032 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.