Plan Ledger DOL Form 5500 · updated monthly

Fluor Federal Petroleum Operations, LLC401(k)

STRATEGIC PETROLEUM RESERVE RETIREMENT AND SAVINGS PLAN · NEW ORLEANS, LA · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Fluor Federal Petroleum Operations, LLC reported $120,057 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $10,106 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 0.064% to 0.059%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 31st-largest of 884 plans among Louisiana employers on file, and the 758th of 11,654 in professional & technical services. In 2024, employees put in $1.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$214,430,163
Participants with balances1,001
Active participants700
Employer contributions$7,074,349
Employee contributions$9,729,576
Employer contribution per active participant$10,106
Average account balance$214,216
Benefits paid to participants$21,935,680
Plan auditUnmodified (clean) audit opinion
AuditorKUSHNER LAGRAIZE LLC
Plan history3
Yearassets · accounts · employer contribution
2024$214.4M · 1,001 accts · $7.1M emplr
2023$192.0M · 1,047 accts · $7.1M emplr
2022$167.3M · 1,042 accts · $6.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$94,506
Investment management$25,551
Total administrative$120,057
The Fluor Federal Petroleum Operations, LLC 401(k) match · 2024
Employer contribution per active participant$10,106
Median for plans this size$3,635
2024$10,106 per active participant
2023$9,426 per active participant
2022$8,203 per active participant

Fluor Federal Petroleum Operations, LLC'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 · 20244
SCHWAB RETIREMENT PLAN SERVICES INC · Recordkeeping · Investment advisory (participants)$101,948
MORNINGSTAR INC · Investment management$11,517
CAPFINANCIAL PARTNERS LLC · Investment management$6,193
CHARLES SCHWAB & CO., INC. · Securities brokerage$2,706

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$120,057 · 0.06%
2023$118,005 · 0.07%
2022$117,777 · 0.06%
Same employer
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Liskow and Lewis, Aplc LA$159.7M · 0.02%
McGlinchey Stafford, PLLC LA$133.4M · 0.05%
Edg, Inc. LA$123.0M

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Source: U.S. Department of Labor, Form 5500 series, EIN 455369207 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.