Plan Ledger DOL Form 5500 · updated monthly

Daigle Oil CompanyESOP

DAIGLE OIL COMPANY EMPLOYEE STOCK OWNERSHIP PLAN · FORT KENT, ME · plan year 2024

Employer contribution per participant · 2024
$2,714

Daigle Oil Company's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $16,638,473 across 116 participant accounts, with employer contributions averaging $2,714 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 166th-largest of 354 plans among Maine employers on file, and the 1,750th of 5,215 in retail trade.

Plan summary
Net assets, end of year$16,638,473
Participants with balances116
Active participants108
Employer contributions$293,139
Employee contributions—
Employer contribution per active participant$2,714
Average account balance$143,435
Benefits paid to participants$263,470
Plan auditUnmodified (clean) audit opinion
AuditorFELCH AND COMPANY LLC
Plan history3
Yearassets · accounts · employer contribution
2024$16.6M · 116 accts · $293K emplr
2023$14.5M · 115 accts · $165K emplr
2022$14.1M · 122 accts · $157K emplr
Employer contributions to the Daigle Oil Company plan · 2024
Employer contribution per active participant$2,714
Median for plans this size$2,416
2024$2,714 per active participant
2023$1,606 per active participant
2022$1,366 per active participant

Daigle Oil Company'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.

Recordkeeper by year3
2025DOWNEAST PENSION SERVICES, INC., THE TPA EXPERTS, Transamerica
2024DOWNEAST PENSION SERVICES, INC., Transamerica
2023DOWNEAST PENSION SERVICES, INC., Transamerica

This plan has changed recordkeepers within these filings. If you left Daigle Oil Company before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
All plans at this employer2
DAIGLE OIL COMPANY 401(K) PLAN401(k)
DAIGLE OIL COMPANY EMPLOYEE STOCK OWNERSHIP PLANESOP
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Viking, Inc. ME$17.1M · 0.12%
Hutchins Motors, Inc. ME$16.5M · 0.02%
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Dsr Auto Management LLC ME$13.2M · 0.62%
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Source: U.S. Department of Labor, Form 5500 series, EIN 010271871 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.