Plan Ledger DOL Form 5500 · updated monthly

Brewer Oil Co.401(k)

BREWER OIL CO. SAVINGS PLAN · ALBUQUERQUE, NM · plan year 2023

Reported admin expense ratio · 2023
0.39%

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

Brewer Oil Co. reported $30,522 in plan administrative expenses for 2023: 0.39% of average plan assets, below the peer median. Employer contributions averaged $1,305 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 0.28% to 0.35%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in New Mexico (149th of 290), and 3,101st of 4,246 in wholesale trade. In 2023, employees put in $1.33 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,677,912
Participants with balances372
Active participants335
Employer contributions$437,160
Employee contributions$580,407
Employer contribution per active participant$1,305
Average account balance$23,328
Benefits paid to participants$296,428
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.0M · 333 accts · $55K emplr
2023$8.7M · 372 accts · $437K emplr
2022$6.8M · 407 accts · $419K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$30,522
Total administrative$30,522
The Brewer Oil Co. 401(k) match · 2023
Employer contribution per active participant$1,305
Median for plans this size$1,308
2024$180 per active participant
2023$1,305 per active participant
2022$1,348 per active participant

Brewer Oil Co.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$103,331

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$25,251 · 0.35%
2023$30,522 · 0.39%
2022$18,576 · 0.28%
Same employer
Similar plansWholesale Trade · New Mexico
Rinchem Company, LLC NM$33.5M · 0.51%
Rinchem Company LLC. NM$28.1M · 0.61%
Quality Dealerships NM$12.1M · 0.71%
Nova Mud, Inc. NM$8.1M · 0.35%
Southwest Wines, Inc. NM$3.5M · 1.01%
Nicor Inc. NM$3.0M · 0.24%
Xconnect, LLC NM$2.6M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 850223835 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.