Plan Ledger DOL Form 5500 · updated monthly

Valley Tire Company401(k)

VALLEY TIRE RETIREMENT PLAN · CHARLEROI, PA · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Valley Tire Company reported $44,734 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $913 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 0.35% to 0.32%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Pennsylvania (1,833rd of 3,651), and 7,033rd of 13,661 in manufacturing. In 2024, employees put in $4.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,196,055
Participants with balances195
Active participants166
Employer contributions$151,604
Employee contributions$651,675
Employer contribution per active participant$913
Average account balance$77,928
Benefits paid to participants$254,034
Plan auditUnmodified (clean) audit opinion
AuditorCASE SABATINI
Plan history3
Yearassets · accounts · employer contribution
2024$15.2M · 195 accts · $152K emplr
2023$13.0M · 190 accts · $150K emplr
2022$11.5M · 174 accts · $143K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,174
Investment management$33,087
Total administrative$44,734
The Valley Tire Company 401(k) match · 2024
Employer contribution per active participant$913
Median for plans this size$2,416
2024$913 per active participant
2023$877 per active participant
2022$903 per active participant

Valley Tire Company'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
HAPANOWICZ & ASSOCIATES · Investment advisory (plan)$33,087

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$44,734 · 0.32%
2023$38,621 · 0.32%
2022$46,553 · 0.35%
Same employer
Similar plansManufacturing · Pennsylvania
Topflight Corporation PA$15.3M · 0.01%
The Acutronic Company PA$15.3M · 0.45%
Carnegie Robotics, LLC PA$15.3M · 0.04%
I & I Sling, LLC PA$15.1M · 0.39%
The Beistle Company PA$15.1M · 0.04%
Phoenix Services LLC PA$15.1M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 251370485 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.