Nelson Tire, Inc. 401(k) Review & Grade
Nelson Tire 401(k) Plan
The Dalles, ORRetail Trade738 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$609Employer $ per active participant
$1,530Employee $ saved per active participant
1.23%Direct admin cost, % of plan assets
$5.0MNet plan assets, end of year
$4,913Average balance per account
Score breakdown
- Employer generosity21.5 / 5043th percentile for employer $ per participant
- Low cost1.0 / 254th percentile for low admin cost vs. same-size plans
- Employee saving3.7 / 1525th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score33 / 100 · Grade D
This plan vs. peers
Peers: Retail Trade plans with 500–2,499 active participants (719 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 43th |
| Lower admin cost | 4th |
| Employee saving | 25th |
| Peers that auto-enroll | 48% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Corrective distributions: the plan refunded $6,869 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Nelson Tire put in about $609 per active participant, below the typical peer ($743). 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.
- Direct plan expenses (1.23% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- 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 | $449,737 |
| Participant (employee) contributions | $1,128,798 |
| Other contributions (incl. rollovers in) | $955,752 |
| Administrative expenses paid from the plan | $46,452 |
| Contract administrator fees | $28,757 |
| Investment advisory & management fees | $17,695 |
| Benefits paid out | $329,905 |
| Net assets, start / end of year | $2.5M / $5.0M |
| Active participants, start / end of year | 454 / 1,022 |
| Participants with account balances | 1,027 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Baker Tilly US LLP |
Largest service providers (Schedule C)
| The Vanguard Group, Inc. | $28,757 reported compensation |
| Foster Wood | $17,695 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013173720NAL0000867059001, received 2025-10-13, EIN 93-1026470, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.