Plan Ledger DOL Form 5500 · updated monthly

Liberty Tire Services, LLC401(k)

LIBERTY TIRE SERVICES, LLC 401(K) PLAN · PITTSBURGH, PA · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Liberty Tire Services, LLC reported $100,906 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $314 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 rose from 0.35% to 0.40%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 1,236th-largest of 3,651 plans among Pennsylvania employers on file, and the 1,424th of 4,246 in wholesale trade. In 2024, employees put in $4.51 for every $1.00 the employer contributed; active participation has grown from 1,604 to 2,193 since 2022.

Plan summary
Net assets, end of year$28,309,341
Participants with balances648
Active participants2,193
Employer contributions$688,881
Employee contributions$3,104,733
Employer contribution per active participant$314
Average account balance$43,687
Benefits paid to participants$1,163,119
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$28.3M · 648 accts · $689K emplr
2023$22.0M · 562 accts · $631K emplr
2022$17.1M · 518 accts · $554K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$70,226
Investment management$30,680
Total administrative$100,906
The Liberty Tire Services, LLC 401(k) match · 2024
Employer contribution per active participant$314
Median for plans this size$2,416
2024$314 per active participant
2023$342 per active participant
2022$346 per active participant

Liberty Tire Services, LLC's 2024 employer contribution ran below the $2,416 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$70,226
PNC BANK NATIONAL ASSOCIATION · Investment advisory (plan)$27,654

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

Administrative cost history3
2024$100,906 · 0.40%
2023$40,869 · 0.21%
2022$61,219 · 0.35%
Same employer
Similar plansWholesale Trade · Pennsylvania
Amercareroyal, LLC. PA$28.7M · 0.26%
Mellott Company, LLC PA$28.5M · 0.15%
H&K Equipment, Inc PA$28.3M · 0.46%
Pgw Auto Glass, LLC PA$26.7M · 0.27%
J&L Building Materials Inc. PA$25.6M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043613336 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.