Plan Ledger DOL Form 5500 · updated monthly

Service Tire Truck Center, Inc.401(k)

STTC 401(K) RETIREMENT SAVINGS PLAN · BETHLEHEM, PA · plan year 2024

Reported admin expense ratio · 2024
0.38%

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

Service Tire Truck Center, Inc. reported $132,194 in plan administrative expenses for 2024: 0.38% of average plan assets, above the peer median. Employer contributions averaged $1,180 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 0.41% to 0.38%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,028th-largest of 3,651 plans among Pennsylvania employers on file, and the 3,923rd of 13,661 in manufacturing. In 2024, employees put in $2.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$36,573,828
Participants with balances835
Active participants677
Employer contributions$798,533
Employee contributions$2,017,632
Employer contribution per active participant$1,180
Average account balance$43,801
Benefits paid to participants$4,157,259
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$36.6M · 835 accts · $799K emplr
2023$33.7M · 1,022 accts · $838K emplr
2022$28.8M · 965 accts · $777K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$71,743
Investment management$42,026
Total administrative$132,194
The Service Tire Truck Center, Inc. 401(k) match · 2024
Employer contribution per active participant$1,180
Median for plans this size$2,416
2024$1,180 per active participant
2023$1,286 per active participant
2022$1,183 per active participant

Service Tire Truck Center, Inc.'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 · 20244
RAYMOND JAMES & ASSOCIATES INC · Investment advisory (plan)$35,893
BAKER TILLY US LLP$18,425
EMPOWER ADVISORY GROUP, LLC · Investment management$6,133

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$132,194 · 0.38%
2023$124,868 · 0.40%
2022$132,590 · 0.41%
Same employer
Similar plansManufacturing · Pennsylvania
Eam-Mosca Corporation PA$37.7M · 0.23%
Sweet Street Desserts, Inc. PA$37.2M · 0.02%
Gelest, Inc. PA$37.1M · 0.51%
A & H Sportswear Co., Inc. PA$36.9M · 0.19%
Farmers Pride Inc. PA$35.9M · 0.37%
Bally Ribbon Mills PA$35.9M · 0.43%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 231689591 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.