Plan Ledger DOL Form 5500 · updated monthly

Carroll Independent Fuel, LLC401(k)

CARROLL INDEPENDENT FUEL 401(K) RETIREMENT PLAN · SPARKS GLENCOE, MD · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Carroll Independent Fuel, LLC reported $78,303 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $957 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 3 years on file its reported administrative ratio has held roughly steady near 0.18%. 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 354th-largest of 1,671 plans among Maryland employers on file, and the 916th of 4,246 in wholesale trade. In 2024, employees put in $1.84 for every $1.00 the employer contributed; active participation has grown from 806 to 1,122 since 2022.

Plan summary
Net assets, end of year$45,401,866
Participants with balances365
Active participants1,122
Employer contributions$1,073,775
Employee contributions$1,974,385
Employer contribution per active participant$957
Average account balance$124,389
Benefits paid to participants$3,084,488
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$45.4M · 365 accts · $1.1M emplr
2023$40.0M · 345 accts · $987K emplr
2022$33.0M · 325 accts · $992K emplr
Administrative expenses, itemized · 2024
Investment management$81,026
Total administrative$78,303
The Carroll Independent Fuel, LLC 401(k) match · 2024
Employer contribution per active participant$957
Median for plans this size$2,416
2024$957 per active participant
2023$1,354 per active participant
2022$1,231 per active participant

Carroll Independent Fuel, LLC'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 · 20242
WILMINGTON TRUST NATIONAL ASSOC · Investment advisory (plan)$81,026
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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$78,303 · 0.18%
2023$64,776 · 0.18%
2022$70,362 · 0.19%
Same employer
Similar plansWholesale Trade · Maryland
Pandora Jewelry LLC MD$61.7M · 0.17%
Class Produce Group, LLC MD$50.9M · 0.15%
Thos Somerville Co MD$45.4M · 0.11%
Shepherd Electric Co., Inc. MD$44.3M · 0.06%
Beretta U.S.A. Corporation MD$43.9M · 0.21%
Tilley Distribution, Inc. MD$40.8M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520265090 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.