Plan Snapshot
- Plan Sponsor: T & W Tire Company
- Sponsor EIN: 731290906
- Sponsor Address: PO BOX 82546, OKLAHOMA CITY, OK, 73148
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 504
- Total Assets: $28.4M
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. |
|---|---|---|---|---|
| 2025 | 504 | $28.4M | $0 | $0 |
| 2024 | 451 | $25.0M | $621,121 | $1.7M |
| 2023 | 475 | $23.0M | $649,499 | $1.6M |
| 2022 | 451 | $20.7M | $571,514 | $1.4M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $99,370 | — | $99,370 |
| WELLTH ADVISORY SERVICES, LLC | Investment Advisor | — | $46,864 | $46,864 |
| EMPLOYEE BENEFITS GROUP, LLC | Recordkeeper | — | $12,635 | $12,635 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $158,869
- Estimated Expense Ratio: 0.558% 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 |
|---|---|---|---|---|---|
| 2025 | $2,569,336 | — | $99,370 | — | — |
| 2024 | $106,607 | — | $106,607 | — | — |
| 2023 | $93,014 | — | $93,014 | — | — |
| 2022 | $86,889 | — | $86,889 | — | — |