Plan Ledger DOL Form 5500 · updated monthly

Citizens Fuel Company, Inc.401(k)

CITIZENS FUEL COMPANY PROFIT SHARING 401(K) PLAN · ASHEVILLE, NC · plan year 2024

Reported admin expense ratio · 2024
0.18%

Citizens Fuel Company, Inc. reported $4,671 in plan administrative expenses for 2024: 0.18% of average plan assets, lower than ~75% of peers. 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 0.19% to 0.18%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in North Carolina (1,687th of 2,005), and 4,427th of 5,215 in retail trade.

Plan summary
Net assets, end of year$2,769,275
Participants with balances170
Active participants121
Employer contributions—
Employee contributions$182,403
Employer contribution per active participant—
Average account balance$16,290
Benefits paid to participants$55,944
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.8M · 170 accts
2023$2.3M · 164 accts
2022$1.9M · 161 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,671
Total administrative$4,671
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
ADP, INC. · Loan processing · Recordkeeping$4,671
ADP BROKER-DEALER · Other servicesindirect comp
MORGAN STANLEY SMITH BARNEY LLC · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$4,671 · 0.18%
2023$5,121 · 0.24%
2022$3,962 · 0.19%
Similar plansRetail Trade · North Carolina
R&S Sales, Inc. NC$2.8M · 0.82%
Brock Cabinets, Inc. NC$2.8M · 0.67%
Cox Motors Ccdjr, LLC NC$2.6M · 0.85%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561081618 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.