Tire Wholesalers Company, Inc. 401(K) Profit Sharing Trust — Form 5500 plan (Tire Wholesalers Company LLC)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Tire Wholesalers Company, Inc. 401(K) Profit Sharing Trust is a benefit plan reported by Tire Wholesalers Company LLC under EIN 38-1919054 and plan number 001. The latest loaded filing year is 2023. The filing reports 246 participants and $6,473,765 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$6.5MPlan net assets, end of year$6,473,765
Participants246Covered participants reported
Assets / participant$26.3KComputed: assets ÷ participants$26,316 (computed)
Provider compensation$28.5K3 Schedule C provider row(s)$28,451
- Plan sponsor
- Tire Wholesalers Company LLC
- EIN
- 38-1919054
- Plan number
- 001
- Plan type
- 2
- Location
- Oak Park, MI
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 246 | H, C | 20240926092516NAL0000284035001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$6.5M total assets
Net assets$6.5MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $6,473,765
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,473,765
- Net assets (BOY)
- $6,081,373
Income & contributions
- Employer contributions
- $98,291
- Participant contributions
- $479,291
- Total contributions
- $596,772
- Total income / additions
- $1,683,719
Expenses & distributions
- Benefits paid
- $1,264,363
- Administrative expenses
- $25,846
- Total expenses
- $1,291,327
- Net increase / (decrease)
- $392,392
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
17%83%
Employer 17%Participant 83%
Total expenses ÷ net assets20%Computed ratio
Benefits paid ÷ total income75%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $25,845 | $0 | 2023 |
| Lpl Financial LLC | OTHER SERVICES | $0 | $2,606 | 2023 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 | 2023 |