K & M Tire, Inc. 401(k) Plan: Login, Facts & Contact Information

K & M Tire, Inc. 401(k) Plan Facts

Plan name
K & M TIRE, INC. 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
K & M TIRE, INC.
Participants
865 (878 active employees)
Former employees with a balance
46
Plan assets
$16,875,795 at Dec 31, 2024
Average account balance
$44,062 across 383 accounts
Employer contributions
$497,556 in plan year 2024 (20% of all contributions)
Recordkeeper
Alerus Financial, N.a.
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Apr 1, 2001
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 12, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $2.48 million went into the plan in contributions, $497,556 of it from the employer (20%).
  • $2.02 million was paid out to participants.
  • Investment and other income added $2.24 million.
  • Administrative expenses were $81,923, about $214 per account.

How the K & M Tire, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019422$9.70 million$232,376$759,819
2020508$10.7 million$226,128$1.22 million
2021332$13.5 million$260,501$327,484
2022583$11.5 million$291,961$1.52 million
2023662$14.3 million$451,007$1.13 million
2024865$16.9 million$497,556$2.02 million

K & M Tire, Inc. 401(k) Contact Information

Phone
419-695-1061
Mailing address
965 SPENCERVILLE ROAD PO BOX 279, DELPHOS OH 45833
Plan sponsor
K & M TIRE, INC.
Employer identification number (EIN)
34-1212834
Plan number
001

Questions about the K & M Tire, Inc. 401(k)

Does K & M Tire, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $497,556, 20% of all contributions.

Does the K & M Tire, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the K & M Tire, Inc 401(k) plan?

865 participants at the start of plan year 2024, 878 of them active employees, and 46 former employees who still had money in the plan.

What is the average 401(k) balance at K & M Tire, Inc?

About $44,062 per account: $16.9 million in plan assets across 383 accounts with a balance at the end of plan year 2024.

Who manages the K & M Tire, Inc 401(k) accounts?

Alerus (listed on the filing as ALERUS FINANCIAL, N.A.) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at K & M Tire, Inc. How do I access my 401(k)?

Your account stays with Alerus after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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