Plan Snapshot
- Plan Sponsor: Tire World Wholesale LLC
- Sponsor EIN: 454027381
- Sponsor Address: 465 E DIAMOND AVE, GAITHERSBURG, MD, 20877
- Plan Type: 401(k)
- Total Participants: 6
- Total Assets: $269,040
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 | 6 | $269,040 | $17,116 | $46,809 |
| 2023 | 126 | $513,452 | $20,724 | $62,724 |
| 2022 | 116 | $380,806 | $17,104 | $49,368 |
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 |
|---|---|---|---|---|
| REGAN, SCHICKNER, & HARPER LLC | 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 | $3,939 | $2,390 | $1,549 | — | — |
| 2023 | $9,715 | $2,306 | $7,409 | — | — |
| 2022 | $8,193 | $2,054 | $6,139 | — | — |