Plan Snapshot
- Plan Sponsor: Pete'S Tire Barn, INC.
- Sponsor EIN: 042485717
- Sponsor Address: 275 E MAIN ST., ORANGE, MA, 01364
- Plan Type: 401(k)
- Total Participants: 337
- Total Assets: $12.7M
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 | 337 | $12.7M | $128,201 | $726,151 |
| 2023 | 297 | $11.7M | $136,164 | $739,714 |
| 2022 | 268 | $9.6M | $142,172 | $781,839 |
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 |
|---|---|---|---|---|
| EPIC RETIREMENT PLAN SERVICES | Recordkeeper | $43,657 | — | $43,657 |
| MORNINGSTAR INVESTMENT MANAGEMENT | Other Service Provider | $29,079 | — | $29,079 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EPIC RETIREMENT PLAN SERVICES — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $72,736
- Estimated Expense Ratio: 0.573% 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 | $72,736 | $29,079 | — | — | — |
| 2023 | $63,596 | $23,858 | — | — | — |
| 2022 | $68,761 | — | — | — | — |