Plan Ledger DOL Form 5500 · updated monthly

Edwards Oil Company, Inc.401(k)

QUIK MART 401(K) PLAN · LAWRENCEBURG, TN · plan year 2022

Reported admin expense ratio · 2022
0.09%

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

Edwards Oil Company, Inc. reported $1,700 in plan administrative expenses for 2022: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,082 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Tennessee (1,314th of 1,496), and 4,683rd of 5,215 in retail trade. In 2022, the employer put in $2.02 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$1,959,328
Participants with balances87
Active participants345
Employer contributions$373,319
Employee contributions$185,139
Employer contribution per active participant$1,082
Average account balance$22,521
Benefits paid to participants$113,861
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,700
Total administrative$1,700
The Edwards Oil Company, Inc. 401(k) match · 2022
Employer contribution per active participant$1,082
Median for plans this size$1,114

Edwards Oil Company, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$1,700 · 0.09%
Same employer
Similar plansRetail Trade · Tennessee
Miracle Ford, Inc. TN$2.3M · 0.56%
Cox Oil Company, Inc TN$2.3M · 0.06%
Memphis Goodwill Inc. TN$1.8M · 2.15%
Beach Oil Company, LLC TN$1.7M · 0.37%
Jones Motor Co., Inc. TN$1.4M · 1.48%
Capital Motor Sales, Inc. TN$1.2M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621179830 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.