Plan Ledger DOL Form 5500 · updated monthly

Houston Refining LP401(k)

HOUSTON REFINING LP 401(K) AND SAVINGS PLAN FOR REPRESENTED EMPLOYEES · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Houston Refining LP reported $67,145 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $5,093 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 0.07%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 603rd-largest of 5,688 plans among Texas employers on file, and the 1,772nd of 13,661 in manufacturing. In 2024, employees put in $2.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$110,123,836
Participants with balances452
Active participants365
Employer contributions$1,858,979
Employee contributions$4,707,953
Employer contribution per active participant$5,093
Average account balance$243,637
Benefits paid to participants$7,988,788
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$110.1M · 452 accts · $1.9M emplr
2023$93.8M · 468 accts · $1.6M emplr
2022$82.6M · 472 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,243
Investment management$24,902
Audit (IQPA)$22,000
Total administrative$67,145
The Houston Refining LP 401(k) match · 2024
Employer contribution per active participant$5,093
Median for plans this size$3,635
2024$5,093 per active participant
2023$4,031 per active participant
2022$5,144 per active participant

Houston Refining LP's 2024 employer contribution ran above the $3,635 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 · 20243
PRICEWATERHOUSECOOPERS · Accounting / audit$22,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$21,245
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$20,985

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$67,145 · 0.07%
2023$75,178 · 0.09%
2022$28,163 · 0.03%
Same employer
Similar plansManufacturing · Texas
Kaneka North America, LLC TX$114.2M · 0.16%
Bray International, Inc. TX$109.7M · 0.26%
Ichor Systems, Inc. TX$108.3M · 0.16%
Fifth Generation, Inc TX$105.2M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760395303 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.