Plan Snapshot
- Plan Sponsor: Mccarthy Tire Service Company
- Sponsor EIN: 240780800
- Sponsor Address: 340 KIDDER ST, WILKES BARRE, PA, 187025606
- Plan Type: 401(k)
- Total Participants: 1,267
- Total Assets: $38.3M
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 | 1,267 | $38.3M | $1.2M | $3.1M |
| 2023 | 1,324 | $34.3M | $1.1M | $2.9M |
| 2022 | 1,199 | $26.9M | $948,781 | $2.5M |
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 |
|---|---|---|---|---|
| BENEFIT PLANS ADMIN SERVICES, INC. | RECORDKEEPER | $183,305 | — | $183,305 |
| JACOBI CAPITAL MANAGEMENT, LLC | ADVISOR | $67,743 | — | $67,743 |
| BAKER TILLY US, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BENEFIT PLANS ADMIN SERVICES, INC. — RECORDKEEPER
- JACOBI CAPITAL MANAGEMENT, LLC — ADVISOR
- BAKER TILLY US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $251,048
- Estimated Expense Ratio: 0.655% 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 | $251,048 | $141,510 | $100,622 | — | — |
| 2023 | $203,107 | $121,346 | $73,890 | — | — |
| 2022 | $173,736 | $102,731 | $57,578 | — | — |