401(k)
2022 plan-year 401(k) DOL Form 5500

Pete's Tire Barns, Inc. 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Pete's Tire Barn, Inc. · Massachusetts · Manufacturing

What the 2023 filing shows

Pete's Tire Barns, Inc. 401(k) Plan holds $10M for 270 participants — about $35,693 per participant, down 17.1% over the 2022 plan year.

$10M
total plan assets (2022 EOY)
270
covered participants
$35,693
avg assets per participant
-17.1%
assets change YoY

The plan reported a net loss of $2M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$10M
Participants
270
Industry
Manufacturing

What the Filing Says About Pete's Tire Barns, Inc. 401(k) Plan

Pete's Tire Barns, Inc. 401(k) Plan is a 401(k) retirement plan sponsored by Pete's Tire Barn, Inc., headquartered in Massachusetts. As of the 2022 Form 5500 filing, the plan reports $10M in total end-of-year assets and covers 270 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 042485717, and the plan has been effective since 2000-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $12M at the beginning of 2022 to $10M at year-end — a decline of 17.1%. Net assets (after liabilities) closed the year at $10M, with reported net income of $-1,987,948 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$12M
Total Assets (End of Year)$10M
Net Assets (End of Year)$10M
Net Income$-1,987,948
Plan Type401(k)
Employer EIN042485717
Plan Effective Date2000-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Pete's Tire Barn, Inc.)

Year Plans Participants Total Assets
2022 1 270 $10M
2023 1 276 $12M
2024 1 305 $13M

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Frequently Asked Questions

How much money is in the Pete's Tire Barns, Inc. 401(k) Plan?
As of the 2022 Form 5500 filing, Pete's Tire Barns, Inc. 401(k) Plan holds $10M in total assets with 270 participants. It is sponsored by Pete's Tire Barn, Inc..
What type of plan is Pete's Tire Barns, Inc. 401(k) Plan?
Pete's Tire Barns, Inc. 401(k) Plan is a 401(k) plan. It has been effective since 2000-01-01. The plan is filed with the U.S. Department of Labor under EIN 042485717.
Who sponsors the Pete's Tire Barns, Inc. 401(k) Plan?
Pete's Tire Barns, Inc. 401(k) Plan is sponsored by Pete's Tire Barn, Inc., located in Massachusetts. The sponsor's EIN is 042485717 and the plan operates in the Manufacturing industry.
How did Pete's Tire Barns, Inc. 401(k) Plan perform in 2022?
Pete's Tire Barns, Inc. 401(k) Plan declined by 17.1% during 2022, moving from $12M to $10M in total assets. Net income was $-1,987,948.
Where can I find official filings for Pete's Tire Barns, Inc. 401(k) Plan?
Official Form 5500 filings for Pete's Tire Barns, Inc. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 042485717 or plan name at efast.dol.gov.
How does Pete's Tire Barns, Inc. 401(k) Plan compare to other plans?
You can compare Pete's Tire Barns, Inc. 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Massachusetts on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 042485717.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.