Continental Tire the Americas, LLC 401(k) Review & Grade
Retirement Savings Plan for Employees of Continental-Rubber
Fort Mill, SCManufacturing10,960 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$3,821Employer $ per active participant
$5,429Employee $ saved per active participant
0.10%Direct admin cost, % of plan assets
$1.3BNet plan assets, end of year
$104,867Average balance per account
Score breakdown
- Employer generosity16.3 / 5033th percentile for employer $ per participant
- Low cost11.3 / 2545th percentile for low admin cost vs. same-size plans
- Employee saving3.6 / 1524th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score31 / 100 · Grade D
This plan vs. peers
Peers: Manufacturing plans with 10,000+ active participants (151 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 33th |
| Lower admin cost | 45th |
| Employee saving | 24th |
| Peers that auto-enroll | 69% |
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Red flags from the filing
Benefits not paid when due: the plan reported failing to pay some benefits on time.
What to do if you're in this plan
- Continental Tire the Americas put in about $3,821 per active participant, below the typical peer ($5,480). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $41,870,852 |
| Participant (employee) contributions | $59,498,345 |
| Other contributions (incl. rollovers in) | $3,762,312 |
| Administrative expenses paid from the plan | $1,138,601 |
| Contract administrator fees | $3,900 |
| Investment advisory & management fees | $496,097 |
| Benefits paid out | $130,571,683 |
| Net assets, start / end of year | $1.1B / $1.3B |
| Active participants, start / end of year | 11,080 / 10,839 |
| Participants with account balances | 11,949 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Greerwalker LLP |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $627,516 reported compensation |
| Strategic Advisors, Inc. | $426,097 reported compensation |
| Clear Investment Research, LLC | $70,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251009123918NAL0003914035001, received 2025-10-09, EIN 34-1417030, plan #007, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.