Dobbs Tire & Auto Centers, LLC 401(k) Review & Grade
Dobbs Employee's 401(k) Profit Sharing & Savings Plan
High Ridge, MOOther Services550 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,418Employer $ per active participant
$2,899Employee $ saved per active participant
0.53%Direct admin cost, % of plan assets
$28.0MNet plan assets, end of year
$52,012Average balance per account
Score breakdown
- Employer generosity27.6 / 5055th percentile for employer $ per participant
- Low cost5.3 / 2521th percentile for low admin cost vs. same-size plans
- Employee saving8.4 / 1556th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score48 / 100 · Grade C
This plan vs. peers
Peers: Other Services plans with 500–2,499 active participants (333 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 55th |
| Lower admin cost | 21th |
| Employee saving | 56th |
| Peers that auto-enroll | 40% |
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Red flags from the filing
Corrective distributions: the plan refunded $30,008 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Dobbs Tire & Auto Centers put in about $1,418 per active participant, more than the typical peer ($1,257). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- 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 (0.53% 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 | $779,106 |
| Participant (employee) contributions | $1,593,005 |
| Other contributions (incl. rollovers in) | $103,980 |
| Administrative expenses paid from the plan | $145,094 |
| Contract administrator fees | $145,094 |
| Benefits paid out | $4,258,839 |
| Net assets, start / end of year | $26.9M / $28.0M |
| Active participants, start / end of year | 501 / 598 |
| Participants with account balances | 539 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Rubin Brown LLP |
Largest service providers (Schedule C)
| Transamerica Retirement Solutions | $83,346 reported compensation |
| Raymond James & Associates, Inc | $54,356 reported compensation |
| Futureplan by Ascensus | $7,397 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014102706NAL0002623409001, received 2025-10-14, EIN 43-1078456, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.