Plan Ledger DOL Form 5500 · updated monthly

Titan International, Inc.401(k)

TITAN TIRE CORPORATION SAVINGS PLAN · QUINCY, IL · plan year 2023

Reported admin expense ratio · 2023
0.17%

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

Titan International, Inc. reported $39,299 in plan administrative expenses for 2023: 0.17% of average plan assets, below the peer median. Employer contributions averaged $0 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 0.21% to 0.23%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,594th-largest of 3,702 plans among Illinois employers on file, and the 5,472nd of 13,661 in manufacturing.

Plan summary
Net assets, end of year$22,630,599
Participants with balances306
Active participants705
Employer contributions$0
Employee contributions$908,888
Employer contribution per active participant$0
Average account balance$73,956
Benefits paid to participants$3,465,380
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.0M · 294 accts
2023$22.6M · 306 accts
2022$22.4M · 326 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$39,275
Total administrative$39,299
The Titan International, Inc. 401(k) match · 2023
Employer contribution per active participant$0
Median for plans this size$2,440

Titan International, Inc.'s 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
EMPOWER ANNUITY INSURANCE COMPANY O · Recordkeeping · Loan processing$44,559

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

Recordkeeper by year2
2024Empower
2023Empower

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

Administrative cost history3
2024$51,550 · 0.23%
2023$39,299 · 0.17%
2022$54,518 · 0.21%
Similar plansManufacturing · Illinois
Focal Point LLC IL$22.9M · 0.20%
Bimeda, Inc. IL$22.8M · 0.10%
Richelieu Foods, Inc. IL$22.8M · 0.13%
Keats Manufacturing Co. IL$22.8M · 0.26%
Freightcar America, Inc. IL$22.5M · 0.20%
United Chemi-Con, Inc. IL$22.4M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421424945 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.