Plan Ledger DOL Form 5500 · updated monthly

Jensen Tire Co.401(k)

JENSEN TIRE CO. 401(K) PROFIT SHARING PLAN · OMAHA, NE · plan year 2022

Employer contribution per participant · 2022
$830

Jensen Tire Co.'s 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $4,922,784 across 87 participant accounts, with employer contributions averaging $830 per active participant. See methodology for what Form 5500 does and doesn't capture.

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 Nebraska (466th of 565), and 3,788th of 5,215 in retail trade. In 2022, employees put in $2.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,922,784
Participants with balances87
Active participants119
Employer contributions$98,771
Employee contributions$286,511
Employer contribution per active participant$830
Average account balance$56,584
Benefits paid to participants$421,365
Plan auditUnmodified (clean) audit opinion
AuditorLUTZ
The Jensen Tire Co. 401(k) match · 2022
Employer contribution per active participant$830
Median for plans this size$1,114

Jensen Tire Co.'s 2022 employer contribution ran below the $1,114 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.

Same employer
Similar plansRetail Trade · Nebraska
Duteau Chevrolet Company NE$8.0M · 0.01%
Jelinek Hardware Company NE$7.5M · 0.57%
Huber Chevrolet Co., Inc. NE$7.5M · 0.14%
Thrift Holdings LLC NE$482K · 3.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 470552707 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.