Plan Snapshot
- Plan Sponsor: Nokian Tyres, INC.
- Sponsor EIN: 911849160
- Sponsor Address: 520 NOKIAN TYRES DR., DAYTON, TN, 37321
- Plan Type: 401(k)
- Total Participants: 619
- Total Assets: $23.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 619 | $23.9M | $1.1M | $1.8M |
| 2023 | 551 | $19.4M | $876,018 | $1.5M |
| 2022 | 457 | $15.1M | $688,132 | $1.2M |
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 |
|---|---|---|---|---|
| BILODEAU, WELLS & COMPANY PC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $35,471 | $18,798 | $1,869 | — | — |
| 2023 | $27,115 | $12,806 | $863 | — | — |
| 2022 | $23,793 | $2,977 | — | — | — |