Plan Ledger DOL Form 5500 · updated monthly

Amalie Oil Company401(k)

AMALIE OIL COMPANY PROFIT SHARING 401(K) PLAN · TAMPA, FL · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Amalie Oil Company reported $161,279 in plan administrative expenses for 2024: 0.23% of average plan assets, above the peer median. Employer contributions averaged $6,667 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.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.230%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 391st-largest of 3,644 plans among Florida employers on file, and the 532nd of 4,246 in wholesale trade. In 2024, the employer put in $1.33 for every $1.00 employees contributed themselves; active participation has grown from 475 to 538 since 2022.

Plan summary
Net assets, end of year$77,009,636
Participants with balances604
Active participants538
Employer contributions$3,586,915
Employee contributions$2,700,180
Employer contribution per active participant$6,667
Average account balance$127,499
Benefits paid to participants$2,286,403
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$77.0M · 604 accts · $3.6M emplr
2023$63.1M · 583 accts · $3.5M emplr
2022$50.6M · 546 accts · $3.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$67,425
Investment management$93,854
Total administrative$161,279
The Amalie Oil Company 401(k) match · 2024
Employer contribution per active participant$6,667
Median for plans this size$3,635
2024$6,667 per active participant
2023$6,839 per active participant
2022$7,059 per active participant

Amalie Oil Company's 2024 employer contribution ran above the $3,635 median for plans its size. 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$93,854
ADP, INC. · Recordkeeping$67,425
ADP BROKER-DEALER · Other servicesindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP, Bank of America / Merrill
2023ADP, Bank of America / Merrill

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Administrative cost history3
2024$161,279 · 0.23%
2023$131,356 · 0.23%
2022$123,545 · 0.23%
Same employer
Similar plansWholesale Trade · Florida
Team Horner Group, Inc. FL$174.6M · 0.00%
J.J. Taylor Companies, Inc. FL$132.4M · 0.15%
Yara North America, Inc. FL$76.1M · 0.08%
Kls Martin L.P. FL$70.2M · 0.06%
Suzuki Marine USA, LLC FL$62.4M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 590810351 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.