Plan Ledger DOL Form 5500 · updated monthly

Shrader Tire and Oil Inc401(k)

SHRADER TIRE AND OIL INC 401(K) PROFIT SHARING PLAN & TRUST · TOLEDO, OH · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Shrader Tire and Oil Inc reported $54,522 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $1,052 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 0.39% to 0.42%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Ohio (1,658th of 3,295), and the 1,997th of 5,215 in retail trade. In 2024, employees put in $3.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$14,153,267
Participants with balances230
Active participants213
Employer contributions$223,987
Employee contributions$779,241
Employer contribution per active participant$1,052
Average account balance$61,536
Benefits paid to participants$858,669
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.2M · 230 accts · $224K emplr
2023$12.0M · 186 accts · $185K emplr
2022$9.7M · 187 accts · $236K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,132
Investment management$32,125
Trustee / custodial$860
Total administrative$54,522
The Shrader Tire and Oil Inc 401(k) match · 2024
Employer contribution per active participant$1,052
Median for plans this size$2,416
2024$1,052 per active participant
2023$824 per active participant
2022$1,107 per active participant

Shrader Tire and Oil 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 · 20242
PAYCHEX, INC. · Recordkeeping$18,693
OSAIC WEALTH, INC. · Investment advisory (participants)$32,125

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

Recordkeeper by year2
2024Paychex
2023OSAIC WEALTH, INC., Paychex, ROYAL ALLIANCE ASSOCIATES

This plan has changed recordkeepers within these filings. If you left Shrader Tire and Oil Inc before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$54,522 · 0.42%
2023$44,162 · 0.41%
2022$41,258 · 0.39%
Same employer
Similar plansRetail Trade · Ohio
Brondes Ford, Inc. OH$14.7M · 0.49%
Thirty-One Gifts, LLC OH$14.5M · 0.04%
Wayside Furniture Inc. OH$14.4M · 0.05%
American Retail Corporation OH$13.7M · 0.53%
Kw Floorcoverings Inc OH$13.0M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 340947077 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.