Somerset Tire Service, Inc.ESOP
SOMERSET TIRE SERVICE EMPLOYEE STOCK OWNERSHIP PLAN · BRIDGEWATER, NJ · plan year 2022
Somerset Tire Service, Inc. reported $500 in plan administrative expenses for 2022: 0.05% of average plan assets, lower than ~75% of peers. 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.
The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in New Jersey (2,396th of 2,419), and 3,318th of 3,341 in other services.
Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 221617798 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.