Plan Ledger DOL Form 5500 · updated monthly

Wonderland Tire, Inc.401(k)

WONDERLAND TIRE, INC. PROFIT SHARING 401(K) PLAN · BYRON CENTER, MI · plan year 2024

Reported admin expense ratio · 2024
0.39%

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

Wonderland Tire, Inc. reported $40,956 in plan administrative expenses for 2024: 0.39% of average plan assets, above the peer median. Employer contributions averaged $546 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 0.13% to 0.39%. 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 Michigan (1,459th of 2,619), and 8,324th of 13,661 in manufacturing. In 2024, employees put in $5.40 for every $1.00 the employer contributed; active participation has grown from 139 to 163 since 2022.

Plan summary
Net assets, end of year$11,095,888
Participants with balances208
Active participants163
Employer contributions$88,950
Employee contributions$480,526
Employer contribution per active participant$546
Average account balance$53,346
Benefits paid to participants$965,693
Plan auditUnmodified (clean) audit opinion
AuditorMONROE, SWEERIS & TROMP, P.L.C.
Plan history3
Yearassets · accounts · employer contribution
2024$11.1M · 208 accts · $89K emplr
2023$9.7M · 204 accts · $88K emplr
2022$8.2M · 176 accts · $61K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,956
Total administrative$40,956
The Wonderland Tire, Inc. 401(k) match · 2024
Employer contribution per active participant$546
Median for plans this size$2,416
2024$546 per active participant
2023$508 per active participant
2022$441 per active participant

Wonderland Tire, 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 · 20246
NEWPORT GROUP INC · Recordkeeping · Loan processing$5,075
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$3,238
NEWPORT GROUP, INC. · Recordkeeping · Loan processing$2,288
FUTUREPLAN BY ASCENSUS · Recordkeeping · Loan processing$1,384
ONEDIGITAL INVESTMENT ADVISORS · Investment advisory (plan)$20,016
STIFEL, NICOLAUS & COMPANY · Investment advisory (plan)$10,468

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

Recordkeeper by year2
2024Ascensus, Newport (Ascensus), Transamerica
2023Newport (Ascensus), Transamerica

This plan has changed recordkeepers within these filings. If you left Wonderland Tire, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$40,956 · 0.39%
2023$6,472 · 0.07%
2022$8,524 · 0.13%
Same employer
Similar plansManufacturing · Michigan
Great Lakes Castings, LLC MI$11.2M · 0.72%
Century Plastics, LLC MI$11.1M · 0.70%
Gudel, Inc. MI$11.1M · 0.01%
Case Systems Inc. MI$10.9M · 0.33%
Marketing Displays, Inc. MI$10.8M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382264378 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.