Plan Ledger DOL Form 5500 · updated monthly

Zurcher Tire, Inc.401(k)

BEST-ONE TIRE & SERVICE 401(K) MEP · MONROE, IN · plan year 2024

Reported admin expense ratio · 2024
1.28%

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

Zurcher Tire, Inc. reported $680,424 in plan administrative expenses for 2024: 1.28% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,227 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 3 years on file its reported administrative ratio has held roughly steady near 1.28%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 258th-largest of 1,562 plans among Indiana employers on file, and the 710th of 4,246 in wholesale trade. In 2024, employees put in $1.94 for every $1.00 the employer contributed; active participation has grown from 1,385 to 1,768 since 2022.

Plan summary
Net assets, end of year$57,193,221
Participants with balances1,042
Active participants1,768
Employer contributions$2,170,059
Employee contributions$4,201,382
Employer contribution per active participant$1,227
Average account balance$54,888
Benefits paid to participants$6,528,969
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$57.2M · 1,042 accts · $2.2M emplr
2023$49.5M · 879 accts · $1.8M emplr
2022$41.4M · 866 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$670,784
Total administrative$680,424
The Zurcher Tire, Inc. 401(k) match · 2024
Employer contribution per active participant$1,227
Median for plans this size$3,635
2024$1,227 per active participant
2023$1,105 per active participant
2022$1,212 per active participant

Zurcher Tire, Inc.'s 2024 employer contribution ran below the $3,635 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
EMPOWER ADVISORY GROUP, LLC · Investment management$146,546
RETIREMENT PLAN CONCEPTS & SERVICES · Contract administrator$82,735
FIRST MERCHANTS BANK · Investment advisory (plan)$77,970
BKD LLP · Accounting / audit$20,229
ENVESTNET RETIREMENT SOLUTIONS, LLC · Investment advisory (plan)$9,507

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$680,424 · 1.28%
2023$641,135 · 1.41%
2022$555,096 · 1.25%
Same employer
Similar plansWholesale Trade · Indiana
Finishmaster, Inc. IN$76.7M · 0.19%
Headwater Companies, LLC IN$68.4M · 0.23%
G.W. Berkheimer Co. Inc. IN$52.8M · 0.01%
J.D. Byrider Systems, LLC IN$50.2M · 0.29%
Indiana Beverage, Inc. IN$41.9M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351106685 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.