American Tire Distributors, Inc. 401(k) Review & Grade
American Tire Distributors, Inc. Retirement Plan
Huntersville, NCWholesale Trade4,355 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,774Employer $ per active participant
$4,798Employee $ saved per active participant
0.26%Direct admin cost, % of plan assets
$274.4MNet plan assets, end of year
$49,448Average balance per account
Score breakdown
- Employer generosity18.1 / 5036th percentile for employer $ per participant
- Low cost6.6 / 2526th percentile for low admin cost vs. same-size plans
- Employee saving5.6 / 1537th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score27 / 100 · Grade F
This plan vs. peers
Peers: Wholesale Trade plans with 2,500–9,999 active participants (103 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 36th |
| Lower admin cost | 26th |
| Employee saving | 37th |
| Peers that auto-enroll | 62% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($838,759 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $950 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- American Tire Distributors put in about $1,774 per active participant, below the typical peer ($2,459). 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 (0.26% of assets) are well above similar-size plans (0.12%). 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.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- 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 | $7,725,847 |
| Participant (employee) contributions | $20,895,865 |
| Other contributions (incl. rollovers in) | $1,726,066 |
| Administrative expenses paid from the plan | $694,559 |
| Contract administrator fees | $478,382 |
| Investment advisory & management fees | $211,377 |
| Benefits paid out | $42,170,054 |
| Net assets, start / end of year | $251.5M / $274.4M |
| Active participants, start / end of year | 4,576 / 4,134 |
| Participants with account balances | 5,550 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Greerwalker LLP |
Largest service providers (Schedule C)
| John Hancock | $537,232 reported compensation |
| Edward D. Jones & Co., L.P. | $100,211 reported compensation |
| Wilshire Associates, Inc. | $52,317 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250807111144NAL0002143987001, received 2025-08-07, EIN 56-0754594, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.