Plan Ledger DOL Form 5500 · updated monthly

Tire Factory, Inc.401(k)

TIRE FACTORY, INC. 401(K) PLAN · PORTLAND, OR · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Tire Factory, Inc. reported $22,908 in plan administrative expenses for 2024: 0.33% of average plan assets, below the peer median. Employer contributions averaged $1,898 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 0.70% to 0.33%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Oregon (620th of 1,021), and the 1,280th of 2,677 in transportation & warehousing. In 2024, employees put in $2.54 for every $1.00 the employer contributed; active participation has grown from 126 to 152 since 2022.

Plan summary
Net assets, end of year$8,133,507
Participants with balances192
Active participants152
Employer contributions$288,568
Employee contributions$731,836
Employer contribution per active participant$1,898
Average account balance$42,362
Benefits paid to participants$183,118
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.1M · 192 accts · $289K emplr
2023$5.9M · 172 accts · $256K emplr
2022$4.4M · 163 accts · $219K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,770
Investment management$15,138
Total administrative$22,908
The Tire Factory, Inc. 401(k) match · 2024
Employer contribution per active participant$1,898
Median for plans this size$1,313
2024$1,898 per active participant
2023$1,926 per active participant
2022$1,735 per active participant

Tire Factory, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size. 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
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$7,770
CAMBRIDGE INVESTMENT ADVISOR · Investment advisory (plan)$15,138

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$22,908 · 0.33%
2023$24,295 · 0.47%
2022$30,793 · 0.70%
Same employer
Similar plansTransportation & Warehousing · Oregon
Walsh Trucking Company LTD OR$13.7M · 0.34%
Jubitz Corporation OR$10.2M · 0.22%
A & M Transport, LLC OR$6.2M · 0.77%
Sutton Trucking LLC OR$6.0M · 0.54%
Market Express, LLC OR$6.0M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 464237082 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.