Plan Ledger DOL Form 5500 · updated monthly

Irving Oil Terminals Inc.401(k)

IRVING USA EMPLOYEES 401K PLAN · PORTSMOUTH, NH · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Irving Oil Terminals Inc. reported $36,822 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,133 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 1 year on file its reported administrative ratio fell from 0.06% to 0.05%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 48th-largest of 411 plans among New Hampshire employers on file, and the 512th of 4,246 in wholesale trade. In 2024, employees put in $1.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$81,044,561
Participants with balances968
Active participants725
Employer contributions$2,271,382
Employee contributions$4,296,565
Employer contribution per active participant$3,133
Average account balance$83,724
Benefits paid to participants$8,525,536
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$81.0M · 968 accts · $2.3M emplr
2023$72.2M · 952 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,422
Investment management$31,500
Audit (IQPA)$3,900
Total administrative$36,822
The Irving Oil Terminals Inc. 401(k) match · 2024
Employer contribution per active participant$3,133
Median for plans this size$3,635
2024$3,133 per active participant
2023$2,999 per active participant

Irving Oil Terminals Inc.'s 2024 employer contribution ran below 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 · 20244
MILLIMAN, INC. · Recordkeeping · Loan processing$1,428
GUIDANCE POINT RET SERVICES, LLC · Investment advisory (plan)$31,500
BAKER NEWMAN NOYES · Accounting / audit$3,900
CHARLES SCHWAB TRUST BANK · Custodial (securities)indirect comp

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

Recordkeeper by year2
2024Milliman
2023Milliman

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

Administrative cost history2
2024$36,822 · 0.05%
2023$39,779 · 0.06%
Same employer
Similar plansWholesale Trade · New Hampshire
C&S Wholesale Grocers, Inc. NH$750.2M · 0.19%
D. Reynolds Company, L.P TX$82.0M · 0.00%
Lifecore Biomedical Inc. MN$81.7M · 0.08%
Genuine Cable Group, LLC IL$81.5M · 0.20%
The Habegger Corporation OH$81.5M · 0.21%
Highline Warren LLC TN$80.5M · 0.09%
Grimco, Inc. MO$80.2M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043430664 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.