Plan Snapshot
- Plan Sponsor: Titan Tire Corporation
- Sponsor EIN: 421424945
- Sponsor Address: 2701 SPRUCE STREET, QUINCY, IL, 623013473
- Plan Type: DB
- Total Participants: 8
- Total Assets: $48.3M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 8 | $48.3M | $0 | $0 |
| 2023 | 12 | $46.1M | $0 | $0 |
| 2022 | 16 | $40.0M | $0 | $0 |
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 |
|---|---|---|---|---|
| EMPOWER RETIREMENT | CONTRACT ADMINISTRATOR / RECORDKEEPER | $221,479 | $9,000 | $230,479 |
| STATE STREET BANK AND TRUST CO | INVESTMENT ADVISOR | $161,518 | — | $161,518 |
| SIKICH LLP | AUDITOR | $6,250 | — | $6,250 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $398,247
- Estimated Expense Ratio: 0.824% 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 | $459,139 | $161,518 | $221,479 | $6,250 | — |
| 2023 | $420,510 | $193,267 | $155,723 | — | — |
| 2022 | $449,042 | $216,300 | $163,398 | — | — |