Plan Ledger DOL Form 5500 · updated monthly

Farmers Union Oil Company401(k)

CO-OP 401(K) PLAN · STANLEY, ND · plan year 2022

Reported admin expense ratio · 2022
0.72%

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

Farmers Union Oil Company reported $27,193 in plan administrative expenses for 2022: 0.72% of average plan assets, above the peer median. Employer contributions averaged $2,027 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 agriculture, forestry & fishing employers. By assets it is among the smaller plans on file in North Dakota (245th of 279), and 700th of 945 in agriculture, forestry & fishing. In 2022, employees put in $1.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,796,565
Participants with balances70
Active participants83
Employer contributions$168,282
Employee contributions$252,454
Employer contribution per active participant$2,027
Average account balance$54,237
Benefits paid to participants$638,559
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Professional / advisory$26,219
Total administrative$27,193
The Farmers Union Oil Company 401(k) match · 2022
Employer contribution per active participant$2,027
Median for plans this size$1,114

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

Administrative cost history1
2022$27,193 · 0.72%
Similar plansAgriculture, Forestry & Fishing · North Dakota
Farmers Union Oil Company ND$8.1M · 0.14%
Norwood Sales, Inc. ND$8.1M · 0.69%
Envision Cooperative ND$5.9M · 0.65%
Alpha Genesis, Inc. SC$3.8M · 1.25%
Homestead Gardens, Inc. MD$3.8M · 0.26%
Plug Connection, LLC CA$3.8M · 0.31%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 450213098 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.