Plan Ledger DOL Form 5500 · updated monthly

Warren Tire Service Center, Inc.401(k)

WARREN TIRE SERVICE CENTER, INC. PROFIT SHARING 401(K) PLAN · QUEENSBURY, NY · plan year 2024

Reported admin expense ratio · 2024
0.54%

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

Warren Tire Service Center, Inc. reported $38,596 in plan administrative expenses for 2024: 0.54% of average plan assets, above the peer median. Employer contributions averaged $868 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 0.47% to 0.54%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in New York (3,991st of 5,648), and 1,933rd of 3,341 in other services. In 2024, employees put in $4.62 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,544,870
Participants with balances115
Active participants110
Employer contributions$95,438
Employee contributions$440,797
Employer contribution per active participant$868
Average account balance$65,608
Benefits paid to participants$766,758
Plan auditUnmodified (clean) audit opinion
AuditorWHITTEMORE DOWEN & RICCIARDELLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$7.5M · 115 accts · $95K emplr
2023$6.8M · 114 accts · $86K emplr
2022$6.4M · 109 accts · $79K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,753
Investment management$34,843
Total administrative$38,596
The Warren Tire Service Center, Inc. 401(k) match · 2024
Employer contribution per active participant$868
Median for plans this size$1,313
2024$868 per active participant
2023$746 per active participant
2022$685 per active participant

Warren Tire Service Center, Inc.'s 2024 employer contribution ran below 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 · 20241
GLENS FALLS NATIONAL BANK AND TRUST · Recordkeeping · Trustee$38,596

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

Recordkeeper by year2
2024GLENS FALLS NATIONAL BANK AND TRUST
2023GLENS FALLS NATIONAL BANK AND TRUST

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

Administrative cost history3
2024$38,596 · 0.54%
2023$33,469 · 0.51%
2022$32,703 · 0.47%
Similar plansOther Services · New York
Crystal Run Village, Inc. NY$7.7M · 0.70%
Cdp North America, Inc. NY$7.4M · 0.04%
Forum Personnel Inc. NY$7.3M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 141641544 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.