Town Fair Tire Centers, Inc. 401(k) Plan (terminated 2021): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2021, when $46.8 million was transferred out of the plan. Assets moved to the MAVIS TIRE SUPPLY LLC 401(K) PLAN (sponsored by MAVIS TIRE SUPPLY LLC). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

See the MAVIS TIRE SUPPLY LLC 401(K) PLAN

Town Fair Tire Centers, Inc. 401(k) Plan Facts (plan year 2021)

Plan name
TOWN FAIR TIRE CENTERS INC 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
TOWN FAIR TIRE CENTERS, INC.
Participants
1,097
Former employees with a balance
0
Employer contributions
$544,130 in plan year 2021 (19% of all contributions)
Recordkeeper
Great West Life & Annuity Insurance
Plan year
Jan 1, 2021 – Dec 31, 2021
Plan established
Jan 1, 1993
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 2021 (Jan 1, 2021 – Dec 31, 2021), filed Oct 17, 2022. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2021

  • $2.87 million went into the plan in contributions, $544,130 of it from the employer (19%).
  • $4.43 million was paid out to participants.
  • Investment and other income added $5.77 million.

How the Town Fair Tire Centers, Inc. 401(k) changed, 20162021

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20161,101$26.2 million$403,499$1.68 million
20171,127$30.2 million$453,349$2.33 million
20181,327$28.8 million$489,085$2.24 million
20191,455$36.7 million$534,933$1.05 million
20201,487$42.8 million$564,581$3.90 million
2021 (final)1,097$0$544,130$4.43 million

Town Fair Tire Centers, Inc. 401(k) Contact Information

Phone
203-467-8600
Mailing address
460 COE AVE, EAST HAVEN CT 06512
Plan sponsor
TOWN FAIR TIRE CENTERS, INC.
Employer identification number (EIN)
06-0767684
Plan number
001

Questions about the Town Fair Tire Centers, Inc. 401(k)

Is the Town Fair Tire Centers, Inc 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2021. Its assets were transferred to the MAVIS TIRE SUPPLY LLC 401(K) PLAN.

Does Town Fair Tire Centers, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2021 the employer contributed $544,130, 19% of all contributions.

Does the Town Fair Tire Centers, Inc 401(k) have automatic enrollment?

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

How many people are in the Town Fair Tire Centers, Inc 401(k) plan?

1,097 participants at the start of plan year 2021.

Who manages the Town Fair Tire Centers, Inc 401(k) accounts?

Empower (listed on the filing as GREAT WEST LIFE & ANNUITY INSURANCE) is the plan's recordkeeper, which is where participants log in to see their balance.

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