Plan Ledger DOL Form 5500 · updated monthly

The Tire Guys, Inc.401(k)

THE TIRE GUYS 401(K) PLAN · BILLINGS, MT · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

The Tire Guys, Inc. reported $59,799 in plan administrative expenses for 2024: 0.45% of average plan assets, above the peer median. Employer contributions averaged $1,226 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 0.48% to 0.45%. 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 101st-largest of 229 plans among Montana employers on file, and 2,476th of 4,246 in wholesale trade. In 2024, employees put in $1.62 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,946,043
Participants with balances352
Active participants271
Employer contributions$332,309
Employee contributions$538,441
Employer contribution per active participant$1,226
Average account balance$39,619
Benefits paid to participants$1,270,659
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.9M · 352 accts · $332K emplr
2023$12.8M · 337 accts · $486K emplr
2022$11.7M · 375 accts · $479K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,046
Investment management$31,753
Total administrative$59,799
The The Tire Guys, Inc. 401(k) match · 2024
Employer contribution per active participant$1,226
Median for plans this size$2,416
2024$1,226 per active participant
2023$1,999 per active participant
2022$1,894 per active participant

The Tire Guys, 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
DA DAVIDSON & COMPANY · Investment advisory (plan)$31,753
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$28,046

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$59,799 · 0.45%
2023$51,843 · 0.42%
2022$61,763 · 0.48%
Same employer
Similar plansWholesale Trade · Montana
Feist Watson Enterprises MT$18.9M · 0.23%
Csww, Inc. MT$16.4M · 0.94%
Frontline AG Solutions LLC MT$13.3M · 0.02%
Lhc, Incorporated MT$13.0M · 0.55%
Blue Rock Products Co. MT$12.6M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 810368935 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.