Plan Ledger DOL Form 5500 · updated monthly

Explorer Pipeline Company401(k)

EXPLORER PIPELINE COMPANY 401(K) SAVINGS PLAN · TULSA, OK · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Explorer Pipeline Company reported $13,960 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $12,508 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 fell from 0.05% to 0.02%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 64th-largest of 724 plans among Oklahoma employers on file, and the 259th of 2,677 in transportation & warehousing. In 2024, the employer put in $1.02 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$90,688,547
Participants with balances290
Active participants246
Employer contributions$3,076,968
Employee contributions$3,018,422
Employer contribution per active participant$12,508
Average account balance$312,719
Benefits paid to participants$7,893,494
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$90.7M · 290 accts · $3.1M emplr
2023$80.7M · 289 accts · $2.9M emplr
2022$70.5M · 287 accts · $2.7M emplr
Administrative expenses, itemized · 2024
Trustee / custodial$13,960
Total administrative$13,960
The Explorer Pipeline Company 401(k) match · 2024
Employer contribution per active participant$12,508
Median for plans this size$3,635
2024$12,508 per active participant
2023$11,971 per active participant
2022$11,386 per active participant

Explorer Pipeline Company's 2024 employer contribution ran above the $3,635 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 · 20241
BOKF, N.A. · Custodial (securities) · Loan processing$13,960

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$13,960 · 0.02%
2023$3,586 · 0.00%
2022$38,293 · 0.05%
Same employer
Similar plansTransportation & Warehousing · Oklahoma
Oneok, Inc. OK$1.4B
The Hawthorn Group, Inc. OK$63.6M · 0.37%
Groendyke Transport Inc OK$62.5M · 0.33%
Omni Air International, LLC OK$61.6M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 730785982 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.