Plan Ledger DOL Form 5500 · updated monthly

Brenner Oil Company401(k)

BRENNER OIL COMPANY 401(K) PROFIT SHARING RETIREMENT PLAN · HOLLAND, MI · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Brenner Oil Company reported $51,596 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $1,093 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 fell from 0.61% to 0.33%. 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 1,167th-largest of 2,619 plans among Michigan employers on file, and 2,187th of 4,246 in wholesale trade. In 2024, employees put in $4.84 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$16,768,521
Participants with balances181
Active participants183
Employer contributions$200,063
Employee contributions$969,163
Employer contribution per active participant$1,093
Average account balance$92,644
Benefits paid to participants$2,095,454
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.8M · 181 accts · $200K emplr
2023$14.5M · 176 accts · $200K emplr
2022$11.3M · 186 accts · $200K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,583
Investment management$14,667
Total administrative$51,596
The Brenner Oil Company 401(k) match · 2024
Employer contribution per active participant$1,093
Median for plans this size$2,416
2024$1,093 per active participant
2023$1,081 per active participant
2022$1,064 per active participant

Brenner Oil Company's 2024 employer contribution ran below the $2,416 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 · 20243
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$7,583
DB & C ADVISORS LLC · Investment advisory (plan)$14,667
PROACCOUNT · Investment advisory (participants)$153

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

Recordkeeper by year2
2024Vanguard
2023Nationwide

This plan has changed recordkeepers within these filings. If you left Brenner Oil Company before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$51,596 · 0.33%
2023$51,167 · 0.40%
2022$65,218 · 0.61%
Same employer
Similar plansWholesale Trade · Michigan
O & W, Inc. MI$18.6M · 0.44%
H. Eikenhout & Sons, Inc. MI$16.4M · 0.44%
National Food Group, Inc. MI$16.4M · 0.39%
Monroe Engineering, LLC MI$16.3M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382082221 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.