Plan Ledger DOL Form 5500 · updated monthly

Tireco, Inc.401(k)

TIRECO, INC. 401(K) PROFIT SHARING PLAN · GARDENA, CA · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Tireco, Inc. reported $24,997 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,153 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 0.03% to 0.06%. 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 1,903rd-largest of 9,483 plans among California employers on file, and the 910th of 4,246 in wholesale trade. In 2024, employees put in $3.38 for every $1.00 the employer contributed; active participation has grown from 452 to 748 since 2022.

Plan summary
Net assets, end of year$45,539,463
Participants with balances969
Active participants748
Employer contributions$862,272
Employee contributions$2,915,404
Employer contribution per active participant$1,153
Average account balance$46,996
Benefits paid to participants$4,347,884
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$45.5M · 969 accts · $862K emplr
2023$39.2M · 690 accts · $636K emplr
2022$32.2M · 561 accts · $625K emplr
Administrative expenses, itemized · 2024
Investment management$37,500
Audit (IQPA)$14,700
Total administrative$24,997
The Tireco, Inc. 401(k) match · 2024
Employer contribution per active participant$1,153
Median for plans this size$2,416
2024$1,153 per active participant
2023$1,114 per active participant
2022$1,384 per active participant

Tireco, 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 · 20243
MONARCH PLAN ADVISORS · Investment advisory (plan)$37,500
COHN REZNICK · Accounting / audit$14,700
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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$24,997 · 0.06%
2023$19,946 · 0.06%
2022$9,683 · 0.03%
Same employer
Similar plansWholesale Trade · California
Vifor Pharma, Inc. CA$48.3M · 0.11%
Asus Computer International CA$45.7M · 0.19%
Asi CA$45.6M · 0.28%
Dcor, LLC CA$44.6M · 0.28%
Calavo Growers, Inc. CA$44.3M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954788769 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.