Plan Snapshot
- Plan Sponsor: Donald B. Rice Tire Company, INC.
- Sponsor EIN: 520710070
- Sponsor Address: 909 NORTH EAST STREET, FREDERICK, MD, 21701
- Plan Type: 401(k)
- Total Participants: 257
- Total Assets: $16.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 257 | $16.3M | $288,124 | $1.3M |
| 2023 | 232 | $13.5M | $263,459 | $1.2M |
| 2022 | 205 | $11.5M | $226,759 | $1.0M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| KESTRA ADVISORY SERVICES, LLC | ADVISOR | $33,490 | — | $33,490 |
| JOHN HANCOCK | RECORDKEEPER | $23,854 | — | $23,854 |
| AMERICAN RETIREMENT PLAN SERVICES | THIRD PARTY ADMINISTRATO | $6,698 | — | $6,698 |
| LSWG, PA A | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KESTRA ADVISORY SERVICES, LLC — ADVISOR
- JOHN HANCOCK — RECORDKEEPER
- LSWG, PA A — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $64,042
- Estimated Expense Ratio: 0.393% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $69,820 | $33,490 | — | — | — |
| 2023 | $60,377 | — | — | — | — |
| 2022 | $79,758 | $41,198 | $38,560 | — | — |