Plan Ledger DOL Form 5500 · updated monthly

Cary Oil Co., Inc.401(k)

CARY OIL CO., INC. 401(K) PROFIT SHARING PLAN · CARY, NC · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Cary Oil Co., Inc. reported $51,256 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $3,316 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 0.26% to 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 569th-largest of 2,005 plans among North Carolina employers on file, and the 1,366th of 4,246 in wholesale trade. In 2024, employees put in $1.76 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$29,919,403
Participants with balances145
Active participants189
Employer contributions$626,662
Employee contributions$1,105,133
Employer contribution per active participant$3,316
Average account balance$206,341
Benefits paid to participants$4,698,215
Plan auditUnmodified (clean) audit opinion
AuditorBATCHELOR, TILLERY, AND ROBERTS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$29.9M · 145 accts · $627K emplr
2023$28.4M · 175 accts · $579K emplr
2022$23.7M · 118 accts · $496K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,056
Investment management$18,200
Total administrative$51,256
The Cary Oil Co., Inc. 401(k) match · 2024
Employer contribution per active participant$3,316
Median for plans this size$2,416
2024$3,316 per active participant
2023$2,923 per active participant
2022$2,772 per active participant

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

Service providers · 20243
ASCENSUS LLC · Loan processing · Recordkeeping$20,562
VERATIS ADVISORS · Investment advisory (participants) · Investment advisory (plan)$15,819
LINCOLN NATIONAL CORPORATION · Contract administrator$11,012

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$51,256 · 0.18%
2023$63,177 · 0.24%
2022$66,981 · 0.26%
Similar plansWholesale Trade · North Carolina
Dillon Supply Company NC$31.7M · 0.36%
Biotage, LLC NC$29.5M · 0.10%
Bob Barker Company, Inc. NC$29.3M · 0.25%
Duncan-Parnell, Inc. NC$28.8M · 0.29%
Sie Holdings, Inc. NC$28.2M · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560852011 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.