Plan Ledger DOL Form 5500 · updated monthly

Al's Corner Oil Co401(k)

AL'S CORNER OIL CO. 401(K) PLAN · CARROLL, IA · plan year 2022

Reported admin expense ratio · 2022
1.05%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Al's Corner Oil Co reported $9,591 in plan administrative expenses for 2022: 1.05% of average plan assets, above the peer median. Employer contributions averaged $936 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Iowa (850th of 878), and 4,994th of 5,215 in retail trade. In 2022, employees put in $1.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$827,278
Participants with balances41
Active participants85
Employer contributions$79,568
Employee contributions$107,150
Employer contribution per active participant$936
Average account balance$20,178
Benefits paid to participants$148,193
Plan auditUnmodified (clean) audit opinion
AuditorOLSEN, MUHLBAUER & CO., LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$9,591
Total administrative$9,591
The Al's Corner Oil Co 401(k) match · 2022
Employer contribution per active participant$936
Median for plans this size$331

Al's Corner Oil Co's 2022 employer contribution ran above the $331 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$9,591 · 1.05%
Similar plansRetail Trade · Iowa
Rueter & Zenor Company IA$3.0M · 0.94%
Reif Oil Co., Inc. IA$1.6M · 0.14%
Family Foods IA$295K · 1.23%
Stuff Etc., Inc IA$256K · 0.79%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421093087 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.