Plan Ledger DOL Form 5500 · updated monthly

Exxpress Tire, LLC401(k)

DUNN TIRE LLC SAVINGS & RETIREMENT PLAN · BUFFALO, NY · plan year 2023

Reported admin expense ratio · 2023
0.99%

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

Exxpress Tire, LLC reported $101,536 in plan administrative expenses for 2023: 0.99% of average plan assets, higher than ~90% of peers. Employer contributions averaged $445 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 fell from 1.05% to 0.98%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in New York (3,434th of 5,648), and the 2,398th of 5,215 in retail trade. In 2023, employees put in $5.70 for every $1.00 the employer contributed; active participation has grown from 300 to 335 since 2022.

Plan summary
Net assets, end of year$11,288,095
Participants with balances845
Active participants335
Employer contributions$149,143
Employee contributions$850,314
Employer contribution per active participant$445
Average account balance$13,359
Benefits paid to participants$460,110
Plan auditUnmodified (clean) audit opinion
AuditorDOPKINS & COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$11.0M · 693 accts · $116K emplr
2023$11.3M · 845 accts · $149K emplr
2022$9.3M · 815 accts · $141K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$96,991
Total administrative$101,536
The Exxpress Tire, LLC 401(k) match · 2023
Employer contribution per active participant$445
Median for plans this size$2,440
2024$609 per active participant
2023$445 per active participant
2022$469 per active participant

Exxpress Tire, LLC's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping$49,172

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$109,714 · 0.98%
2023$101,536 · 0.99%
2022$106,487 · 1.05%
Same employer
Similar plansRetail Trade · New York
Alpin Haus Ski Shop, Inc. NY$11.5M · 0.28%
The Premier Collection, LLC NY$11.5M · 0.22%
Walker Center, LP NY$11.3M · 0.10%
Peck's Market, Inc. NY$11.2M · 0.01%
C. Basil Ford, Inc. NY$11.0M · 0.41%
Denooyer/Metro Auto NY$10.9M · 0.39%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 820550949 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.