O. K. Tire Store, Inc Employee Stock Ownership Plan — Form 5500 plan (O.K. Tire Store, Inc.)

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, O. K. Tire Store, Inc Employee Stock Ownership Plan is a benefit plan reported by O.K. Tire Store, Inc. under EIN 45-0274667 and plan number 004. The latest loaded filing year is 2023. The filing reports 198 participants and $13,463,497 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$4.7MPlan net assets, end of year$4,699,008
Participants198Covered participants reported
Assets / participant$68KComputed: assets ÷ participants$67,997 (computed)
Provider compensationNone reported
Plan sponsor
O.K. Tire Store, Inc.
EIN
45-0274667
Plan number
004
Plan type
2
Location
Fargo, ND
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023198H20241015121038NAL0049270608001
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)$13.5M total assets
Net assets$4.7MLiabilities$8.8M
Money in vs. money out
Total income / additions$639.3K
Total expenses$250.3K
Benefits paid / distributions$58.6K
Contributions
Employer$570.2K
ParticipantNot reported
Full reported line items

Net assets

Total assets (EOY)
$13,463,497
Total liabilities (EOY)
$8,764,489
Net assets (EOY)
$4,699,008
Net assets (BOY)
$4,309,998

Income & contributions

Employer contributions
$570,192
Total contributions
$570,192
Total income / additions
$639,327

Expenses & distributions

Benefits paid
$58,565
Administrative expenses
$1,745
Total expenses
$250,317
Net increase / (decrease)
$389,010
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.

Total expenses ÷ net assets5%Computed ratio
Benefits paid ÷ total income9%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages