Plan Ledger DOL Form 5500 · updated monthly

Jack Williams Tire Company Inc401(k)

JACK WILLIAMS TIRE COMPANY INC 401(K) PS PLAN & TRUST · DURYEA, PA · plan year 2022

Reported admin expense ratio · 2022
0.37%

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

Jack Williams Tire Company Inc reported $31,438 in plan administrative expenses for 2022: 0.37% of average plan assets, below the peer median. Employer contributions averaged $2,181 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 $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Pennsylvania (2,872nd of 3,651), and 3,734th of 5,215 in retail trade. In 2022, employees put in $1.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,086,384
Participants with balances144
Active participants76
Employer contributions$165,754
Employee contributions$278,427
Employer contribution per active participant$2,181
Average account balance$35,322
Benefits paid to participants$5,522,696
Plan auditUnmodified (clean) audit opinion
AuditorBARATZ & ASSOCIATES, P.A.
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$5.1M · 144 accts · $166K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$31,438
Total administrative$31,438
The Jack Williams Tire Company Inc 401(k) match · 2022
Employer contribution per active participant$2,181
Median for plans this size$1,114

Jack Williams Tire Company Inc's 2022 employer contribution ran above the $1,114 median for plans its size, placing it in the top 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$31,438 · 0.37%
Similar plansRetail Trade · Pennsylvania
York Auto Group, Inc. PA$5.3M · 0.49%
Wbq USA, LLC PA$5.2M · 0.67%
Sns Foods, Inc PA$5.1M · 0.80%
Fayette Parts Service Inc PA$5.0M · 0.36%
Pilot Water Solutions LLC PA$4.8M · 0.73%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232139924 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.