Plan Ledger DOL Form 5500 · updated monthly

Mavis Tire Supply LLC401(k)

MAVIS TIRE SUPPLY LLC 401(K) PLAN · MILLWOOD, NY · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Mavis Tire Supply LLC reported $822,672 in plan administrative expenses for 2024: 0.44% of average plan assets, higher than ~90% of peers. Employer contributions averaged $418 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 0.37% to 0.44%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 464th-largest of 5,648 plans among New York employers on file, and the 214th of 5,215 in retail trade. In 2024, employees put in $6.15 for every $1.00 the employer contributed; active participation has grown from 6,754 to 10,033 since 2022.

Plan summary
Net assets, end of year$202,010,820
Participants with balances13,762
Active participants10,033
Employer contributions$4,194,869
Employee contributions$25,778,338
Employer contribution per active participant$418
Average account balance$14,679
Benefits paid to participants$26,681,908
Plan auditUnmodified (clean) audit opinion
AuditorANCHIN BLOCK ANCHIN
Plan history3
Yearassets · accounts · employer contribution
2024$202.0M · 13,762 accts · $4.2M emplr
2023$173.6M · 12,238 accts · $3.0M emplr
2022$129.9M · 8,552 accts · $2.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$614,611
Investment management$208,061
Total administrative$822,672
The Mavis Tire Supply LLC 401(k) match · 2024
Employer contribution per active participant$418
Median for plans this size$3,635
2024$418 per active participant
2023$317 per active participant
2022$353 per active participant

Mavis Tire Supply LLC's 2024 employer contribution ran below the $3,635 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 · 20243
ADP, INC. · Loan processing · Recordkeeping$537,117
COMMONWEALTH EQUITY SERVICES, INC. · Recordkeeping · Trustee$208,161
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, COMMONWEALTH EQUITY SERVICES, INC.
2023ADP, COMMONWEALTH EQUITY SERVICES, INC.

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Administrative cost history3
2024$822,672 · 0.44%
2023$510,397 · 0.34%
2022$415,148 · 0.37%
Same employer
Similar plansRetail Trade · New York
Peloton Interactive, Inc. NY$231.0M · 0.10%
Hermes of Paris, Inc. NY$178.4M · 0.11%
West Herr Ford, Inc. NY$176.5M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 455259604 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.