Plan Ledger DOL Form 5500 · updated monthly

Dooley's Petroleum, Inc.401(k)

DOOLEY'S PETROLEUM, INC. 401(K) PROFIT SHARING PLAN · WILLMAR, MN · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Dooley's Petroleum, Inc. reported $44,086 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $3,275 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 0.23% to 0.41%. 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 among the smaller plans on file in Minnesota (1,204th of 1,918), and 2,699th of 4,246 in wholesale trade. In 2024, employees put in $1.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,804,497
Participants with balances152
Active participants192
Employer contributions$628,885
Employee contributions$925,491
Employer contribution per active participant$3,275
Average account balance$77,661
Benefits paid to participants$1,400,266
Plan auditUnmodified (clean) audit opinion
AuditorWESTBERG EISCHENS PLLP
Plan history3
Yearassets · accounts · employer contribution
2024$11.8M · 152 accts · $629K emplr
2023$9.9M · 135 accts · $283K emplr
2022$7.6M · 137 accts · $257K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,677
Trustee / custodial$28,409
Total administrative$44,086
The Dooley's Petroleum, Inc. 401(k) match · 2024
Employer contribution per active participant$3,275
Median for plans this size$2,416
2024$3,275 per active participant
2023$1,520 per active participant
2022$1,368 per active participant

Dooley's Petroleum, 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 · 20242
BREMER BANK NATIONAL ASSOCIATION · Trustee (directed)$28,409

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$44,086 · 0.41%
2023$22,856 · 0.26%
2022$18,337 · 0.23%
Same employer
Similar plansWholesale Trade · Minnesota
Olympia Tile (USA), Inc. MN$13.1M · 0.21%
Alpha Video and Audio, Inc. MN$12.3M · 0.01%
Nextten Stauer, LLC MN$10.8M · 0.42%
The Prophet Corporation MN$10.7M · 0.58%
W.P. & R.S. Mars Company MN$10.6M · 0.18%
Henrys Foods, Inc. MN$10.2M · 0.83%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 411525242 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.