# Mccarthy Tire Service Company 401(k) Plan
Source: https://planprovider.pro/companies/mccarthy-tire-service-company-401k-plan

> Mccarthy Tire Service Company&#39;s 401(k) plan: 1,267 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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.](https://planprovider.pro/provider/bpas) — RECORDKEEPER

- [JACOBI CAPITAL MANAGEMENT, LLC](https://planprovider.pro/provider/jacobi-capital-management-llc) — ADVISOR

- [BAKER TILLY US, LLP](https://planprovider.pro/provider/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|—|—|

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