Dealer Tire, LLC 401(k) Review & Grade
Dealer Tire LLC 401(k) Savings Plan
Cleveland, OHWholesale Trade5,819 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,949Employer $ per active participant
$5,444Employee $ saved per active participant
0.16%Direct admin cost, % of plan assets
$419.4MNet plan assets, end of year
$62,631Average balance per account
Score breakdown
- Employer generosity19.6 / 5039th percentile for employer $ per participant
- Low cost10.3 / 2541th percentile for low admin cost vs. same-size plans
- Employee saving6.9 / 1546th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
Total score37 / 100 · Grade D
This plan vs. peers
Peers: Wholesale Trade plans with 2,500–9,999 active participants (103 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 39th |
| Lower admin cost | 41th |
| Employee saving | 46th |
| Peers that auto-enroll | 62% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Dealer Tire put in about $1,949 per active participant, below the typical peer ($2,459). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $11,339,959 |
| Participant (employee) contributions | $31,678,172 |
| Other contributions (incl. rollovers in) | $3,619,444 |
| Administrative expenses paid from the plan | $618,541 |
| Contract administrator fees | $1,800 |
| Investment advisory & management fees | $194,927 |
| Other admin expenses | $4,355 |
| Benefits paid out | $36,174,212 |
| Net assets, start / end of year | $344.8M / $419.4M |
| Active participants, start / end of year | 5,767 / 5,871 |
| Participants with account balances | 6,697 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | RSM US LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $361,359 reported compensation |
| Strategic Advisors, Inc. | $115,505 reported compensation |
| RSM US LLP | $57,900 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015082029NAL0005664496001, received 2025-10-15, EIN 38-4288032, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.