Valley Tire Retirement Plan — Form 5500 plan (Valley Tire Company)
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, Valley Tire Retirement Plan is a benefit plan reported by Valley Tire Company under EIN 25-1370485 and plan number 001. The latest loaded filing year is 2023. The filing reports 182 participants and $13,022,894 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Valley Tire Company
- EIN
- 25-1370485
- Plan number
- 001
- Plan type
- 2
- Location
- Charleroi, PA
- Latest filing year
- 2023
- Participants
- 182
- End-of-year plan assets
- $13,022,894
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 182 | H, C | 20241004121031NAL0011402385001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $13,022,894
- Total liabilities (EOY)
- $22,657
- Net assets (EOY)
- $13,000,237
- Net assets (BOY)
- $11,502,009
Income & contributions
- Employer contributions
- $149,940
- Participant contributions
- $640,693
- Total contributions
- $790,633
- Total income / additions
- $2,535,943
Expenses & distributions
- Benefits paid
- $976,437
- Administrative expenses
- $38,621
- Total expenses
- $1,037,715
- Net increase / (decrease)
- $1,498,228
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Hapanowicz & Associates | N/A | $28,520 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Co. | N/A | $7,638 | $0 | 2023 |