Plan Ledger DOL Form 5500 · updated monthly

Big West Oil Company, LLC401(k)

BIG WEST OIL COMPANY UNION 401(K) PLAN · SALT LAKE CITY, UT · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Big West Oil Company, LLC reported $31,162 in plan administrative expenses for 2024: 0.16% of average plan assets, below the peer median. Employer contributions averaged $11,395 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 1 year on file its reported administrative ratio fell from 0.18% to 0.16%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 285th-largest of 848 plans among Utah employers on file, and the 1,791st of 4,246 in wholesale trade. In 2024, the employer put in $1.11 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$21,505,500
Participants with balances145
Active participants123
Employer contributions$1,401,568
Employee contributions$1,263,536
Employer contribution per active participant$11,395
Average account balance$148,314
Benefits paid to participants$598,705
Plan auditUnmodified (clean) audit opinion
AuditorBA
Plan history2
Yearassets · accounts · employer contribution
2024$21.5M · 145 accts · $1.4M emplr
2023$16.8M · 147 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,785
Investment management$9,377
Total administrative$31,162
The Big West Oil Company, LLC 401(k) match · 2024
Employer contribution per active participant$11,395
Median for plans this size$2,416
2024$11,395 per active participant
2023$11,594 per active participant

Big West Oil Company, LLC's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$21,785
RESOURCES INVESTMENT ADVISORS, INC. · Consulting$9,376

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$31,162 · 0.16%
2023$26,514 · 0.18%
Similar plansWholesale Trade · Utah
4LIFE Research, LLC UT$30.7M · 0.33%
Morinda Holdings, Inc. UT$25.3M · 0.33%
Unicity International, Inc. UT$20.6M · 0.09%
Skullcandy, Inc. UT$20.1M · 0.09%
Hoj Management Co., Inc. UT$18.6M · 0.44%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 870616982 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.