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Department of Labor filing

GITI TIRE USA LTD.

GITI TIRE USA LTD 401K PROFIT SHARING PLAN AND TRUST · For the plan year ended Dec 31, 2024

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Public filing 2024 · received Jul 26, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

33filing comparison
out of 100

The filing trails many comparable plans on reported employer support and/or plan-paid administrative costs. This is a filing comparison, not a complete benefits score.

$Employer support
$670

Reported employer contributions per active participant.

Higher than about 11% of comparable plans
#People in the filing
827

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.
¢Visible plan-paid fees
$43 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 84% of comparable plans
↗Investment performance
Not available

Plan assets changed 10.9%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.
What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓
Filing comparison · 202433out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions11th percentileTypical peer $1,958 · based on 346 comparable plans
Lower reported administrative expense84th percentileTypical peer $114 · based on 343 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, GITI TIRE USA LTD. reported $553,678 in employer contributions across the plan and 827 active participants. That works out to $670 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy89%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendDown 14.5%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 24.3%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context33/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions
$553,678
Participant contributions
$2,042,338
Other contributions
$70,636
Employer share of reported contributions
21.3%
Beginning assets
$14,183,286
Ending assets
$15,728,769
Ending net assets
$15,728,769
Ending liabilities
$0
Total income
$4,705,653
Total expenses
$3,160,170
Administrative expenses
$34,393
Participant loans
$337,782

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant
2022
$783
2023
$757
2024
$670
Plan-paid administrative expenses per participant
2022
$34
2023
$37
2024
$43
Active participants
2022
605
2023
669
2024
827
Detailed filing history
Plan yearPer active participantActive participantsPlan assetsFiling ID
2024$67082715.7M20250726051722NAL0003817363001
2023$75766914.2M20241015091818NAL0055337938001
2022$78360512.3M20231109051108NAL0049078818001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets
2.1%
Independent accountant’s opinion
Unqualified opinion Code 1
Late participant contributions reported
Not stated in the filing
Public plan identifier
651259770-001

Reported plan details

Identity and filing status

Plan type
Retirement plan
Employer arrangement
Single-employer plan
Plan effective date
Jan 1, 2007
Industry
Wholesale trade
Amended filing
No
Final filing for this plan
No
Short plan year
No
401(k) feature reported
Yes
Show DOL characteristic codes2E2F2G2J2K2T3D3H

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

ProviderPlan yearDirect compensationIndirect compensation
ALLSPRING GLOBAL INVESTMENTS2024Not reportedunknown
AMERICAN CENTURY INVESTMENT SERVICE2024Not reportedunknown
AMERICAN FUNDS DISTRIBUTORS, INC.2024Not reportedunknown
BLACKROCK INVESTMENTS, INC.2024Not reportedunknown
CARILLON FUNDS2024Not reportedunknown
COHEN & STEERS CAPITAL MANAGEMENT2024Not reportedunknown
DELAWARE INVESTMENTS2024Not reportedunknown
FIDELITY DISTRIBUTORS CORP.2024Not reportedunknown
HARTFORD INVESTMENT FINANCIAL SERVI2024Not reportedunknown
JOHN HANCOCK FUNDS, LLC2024Not reportedunknown
LEGG MASON INVESTOR SERVICES, LLC2024Not reportedunknown
NATIXIS DISTRIBUTORS, L.P.2024Not reportedunknown
NYLIFE DISTRIBUTORS, LLC2024Not reportedunknown
VANGUARD2024Not reportedunknown

Current plan terms

Help fill the gap the filing leaves.

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Filing ACK_ID20250726051722NAL0003817363001
Data sourceDOL Form 5500 bulk data ↗
Filing searchEFAST2 ↗