Plan Ledger DOL Form 5500 · updated monthly

Big D Oil Co.401(k)

BIG D OIL 401(K) PLAN · RAPID CITY, SD · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Big D Oil Co. reported $18,488 in plan administrative expenses for 2024: 0.44% of average plan assets, below the peer median. Employer contributions averaged $439 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 2 years on file its reported administrative ratio rose from 0.41% to 0.44%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in South Dakota (193rd of 233), and 3,890th of 5,215 in retail trade. In 2024, employees put in $2.62 for every $1.00 the employer contributed; active participation has grown from 178 to 229 since 2022.

Plan summary
Net assets, end of year$4,568,442
Participants with balances103
Active participants229
Employer contributions$100,436
Employee contributions$263,276
Employer contribution per active participant$439
Average account balance$44,354
Benefits paid to participants$292,500
Plan auditUnmodified (clean) audit opinion
AuditorKETEL THORSTENSON, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$4.6M · 103 accts · $100K emplr
2023$3.9M · 104 accts · $98K emplr
2022$3.3M · 101 accts · $98K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,488
Total administrative$18,488
The Big D Oil Co. 401(k) match · 2024
Employer contribution per active participant$439
Median for plans this size$1,313
2024$439 per active participant
2023$555 per active participant
2022$548 per active participant

Big D Oil Co.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$17,987

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

Administrative cost history3
2024$18,488 · 0.44%
2023$15,589 · 0.43%
2022$14,666 · 0.41%
Similar plansRetail Trade · South Dakota
Push Pedal Pull, Inc. SD$5.6M · 0.45%
Kesslers, Inc. SD$5.1M · 0.81%
Olson Oil Company SD$4.9M · 0.75%
Bmaddox Enterprises LLC SD$3.6M · 0.17%
Ken's Supermarkets, Inc. SD$3.6M · 0.94%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460277261 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.