Alma Tire Service 401(k) match, vesting and fees
What Alma Tire Service's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | John Hancock Life Insurance Co USA | Schedule C ↗ |
| Independent auditor | Blystone and Bailey, Cpas, PC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 2,561 defined-contribution plans in other services with 100 to 499 participants.
| Alma Tire Service: employer contribution per participant | $1,931 | |
| Peer median | $1,803 |
| Alma Tire Service: average balance | $16,454 | |
| Peer median | $48,934 |
| Alma Tire Service: admin expenses ÷ assets | 0.96% | |
| Peer median | 0.31% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $2.1M at the end of plan year 2023 to $3.4M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 213 | $3.4M | $400K | $1,931 | 0.96% | Not published | Form 5500 ↗ |
| 2023 | 133 | $2.1M | $310K | $2,441 | 1.14% | Not published | 5500-SF ↗ |
Common questions
Does Alma Tire Service match 401(k) contributions?
The match terms for the Alma Tire 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $400K in employer contributions, about $1,931 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Alma Tire Service 401(k) match vested?
The vesting schedule for the Alma Tire 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Alma Tire Service 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is John Hancock Life Insurance Co USA. The plan administrator is Alma Tire Service, Inc..
I left Alma Tire Service. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Alma Tire Service, Inc., (989) 285-3895) or the recordkeeper, John Hancock Life Insurance Co USA. The Alma Tire Service old 401(k) page lists the contacts from every plan filing. Find an old Alma Tire Service 401(k)
Data from the public Form 5500 annual reports Alma Tire Service filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Alma Tire Service. Not financial advice. Report a correction · Methodology