Plan Ledger DOL Form 5500 · updated monthly

Clifford Fuel Co, Inc.Profit-sharing plan

CLIFFORD FUEL CO, INC. EMPLOYEES' 401(K) SAVINGS & PROFIT SHARING PLAN · MARCY, NY · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Clifford Fuel Co, Inc. reported $45,031 in plan administrative expenses for 2024: 0.48% of average plan assets, below the peer median. Employer contributions averaged $3,130 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 0.33% to 0.48%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in New York (3,602nd of 5,648), and 2,909th of 4,246 in wholesale trade.

Plan summary
Net assets, end of year$10,070,503
Participants with balances209
Active participants174
Employer contributions$544,632
Employee contributions—
Employer contribution per active participant$3,130
Average account balance$48,184
Benefits paid to participants$112,204
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.1M · 209 accts · $545K emplr
2023$8.7M · 205 accts · $425K emplr
2022$8.1M · 263 accts · $534K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,031
Total administrative$45,031
Employer contributions to the Clifford Fuel Co, Inc. plan · 2024
Employer contribution per active participant$3,130
Median for plans this size$1,313
2024$3,130 per active participant
2023$2,818 per active participant
2022$3,256 per active participant

Clifford Fuel Co, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20244
ENVESTNET RETIREMENT SOLUTIONS, LLC$1,776
ACTUARIAL PENSION ANALYSTS, INC. · Contract administrator$750
MORGAN STANLEY SMITH BARNEYindirect 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$45,031 · 0.48%
2023$63,565 · 0.76%
2022$25,314 · 0.33%
Similar plansWholesale Trade · New York
Republic Clothing Corp. NY$10.3M · 0.42%
Felix Storch Inc. NY$10.3M · 0.65%
Renzi Bros., Inc. NY$10.0M · 0.38%
Special Materials Company NY$9.8M · 0.04%
Thruway Fasteners, Inc NY$9.5M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 150620960 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.