Plan Ledger DOL Form 5500 · updated monthly

Tirehub, LLC401(k)

TIREHUB 401(K) PLAN · DUNWOODY, GA · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Tirehub, LLC reported $292,942 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,289 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 0.41% to 0.48%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 384th-largest of 2,160 plans among Georgia employers on file, and the 323rd of 2,677 in transportation & warehousing. In 2024, employees put in $1.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$64,670,738
Participants with balances1,889
Active participants1,556
Employer contributions$3,560,920
Employee contributions$5,982,763
Employer contribution per active participant$2,289
Average account balance$34,235
Benefits paid to participants$10,261,175
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$64.7M · 1,889 accts · $3.6M emplr
2023$57.5M · 1,922 accts · $3.4M emplr
2022$46.2M · 1,688 accts · $3.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$226,762
Investment management$57,080
Total administrative$292,942
The Tirehub, LLC 401(k) match · 2024
Employer contribution per active participant$2,289
Median for plans this size$3,635
2024$2,289 per active participant
2023$2,133 per active participant
2022$2,141 per active participant

Tirehub, LLC's 2024 employer contribution ran below the $3,635 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 · 20243
EMPOWER ADVISORY GROUP, LLC · Investment management$57,080
FIDUCIARY OUTSOURCING LLC$9,100

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$292,942 · 0.48%
2023$233,618 · 0.45%
2022$205,659 · 0.41%
Same employer
Similar plansTransportation & Warehousing · Georgia
Hapag-Lloyd (America) LLC GA$266.1M · 0.01%
National Dcp, LLC GA$117.8M · 0.17%
Capstone Logistics, LLC GA$50.3M · 0.93%
Lazer Spot, Inc. GA$46.4M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 823275618 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.