Plan Ledger DOL Form 5500 · updated monthly

Greeneville Oil & Petroleum, Inc.401(k)

GREENEVILLE OIL & PETROLEUM, INC. 401(K) PROFIT SHARING PLAN · GREENEVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.64%

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

Greeneville Oil & Petroleum, Inc. reported $26,796 in plan administrative expenses for 2024: 0.64% of average plan assets, above the peer median. Employer contributions averaged $853 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 0.03% to 0.64%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Tennessee (1,113th of 1,496), and 3,938th of 5,215 in retail trade. In 2024, employees put in $1.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,411,701
Participants with balances117
Active participants159
Employer contributions$135,582
Employee contributions$194,336
Employer contribution per active participant$853
Average account balance$37,707
Benefits paid to participants$234,986
Plan auditUnmodified (clean) audit opinion
AuditorCLEARPOINT CPAS PC
Plan history3
Yearassets · accounts · employer contribution
2024$4.4M · 117 accts · $136K emplr
2023$3.9M · 98 accts · $113K emplr
2022$3.4M · 101 accts · $106K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,796
Total administrative$26,796
The Greeneville Oil & Petroleum, Inc. 401(k) match · 2024
Employer contribution per active participant$853
Median for plans this size$1,313
2024$853 per active participant
2023$681 per active participant
2022$644 per active participant

Greeneville Oil & Petroleum, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20244
OSAIC ADVISORY SERVICES LLC · Investment advisory (plan)$13,005
ERISA SERVICES INC · Contract administrator$9,762
EMPOWER ADVISORY GROUP, LLC · Investment management$1,020

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$26,796 · 0.64%
2023$20,575 · 0.56%
2022$1,025 · 0.03%
Similar plansRetail Trade · Tennessee
Chas. C. Parks Company TN$4.7M · 1.02%
Logo Brands, Inc. TN$4.6M · 0.59%
Old Time Pottery, LLC TN$4.5M · 1.08%
Gary Mathews Motors, Inc. TN$4.3M · 0.11%
Mountain View Ford, Inc. TN$3.7M · 0.57%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 621552776 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.