Plan Ledger DOL Form 5500 · updated monthly

Buckeye Pipe Line Services Company401(k)

BUCKEYE PIPE LINE SERVICES COMPANY RETIREMENT AND SAVINGS PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Buckeye Pipe Line Services Company reported $445,633 in plan administrative expenses for 2024: 0.08% of average plan assets, above the peer median. Employer contributions averaged $13,578 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 0.10% to 0.08%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 170th-largest of 5,688 plans among Texas employers on file, and the 65th of 2,677 in transportation & warehousing. In 2024, the employer put in $1.05 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$630,671,345
Participants with balances2,250
Active participants1,754
Employer contributions$23,815,643
Employee contributions$22,601,556
Employer contribution per active participant$13,578
Average account balance$280,298
Benefits paid to participants$58,647,858
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$630.7M · 2,250 accts · $23.8M emplr
2023$552.5M · 2,222 accts · $22.6M emplr
2022$483.1M · 2,241 accts · $21.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$48,856
Investment management$396,777
Total administrative$445,633
The Buckeye Pipe Line Services Company 401(k) match · 2024
Employer contribution per active participant$13,578
Median for plans this size$4,294
2024$13,578 per active participant
2023$12,452 per active participant
2022$11,765 per active participant

Buckeye Pipe Line Services Company's 2024 employer contribution ran above the $4,294 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
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$396,777
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$49,639

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$445,633 · 0.08%
2023$432,010 · 0.08%
2022$520,051 · 0.10%
Same employer
Similar plansTransportation & Warehousing · Texas
Kirby Corporation TX$850.1M · 0.07%
Envoy Air Inc. TX$744.1M · 0.20%
Plains All American Gp LLC TX$625.2M · 0.05%
Targa Resources LLC TX$612.6M · 0.04%
Rush Enterprises, Inc. TX$548.3M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 232873501 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.