Plan Ledger DOL Form 5500 · updated monthly

James River Petroleum, Inc.401(k)

JAMES RIVER PETROLEUM, INC. EMPLOYEES' 401(K) PLAN · ASHLAND, VA · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

James River Petroleum, Inc. reported $9,660 in plan administrative expenses for 2024: 0.20% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,363 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 0.16% to 0.20%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Virginia (1,797th of 2,266), and 3,587th of 4,246 in wholesale trade. In 2024, employees put in $1.80 for every $1.00 the employer contributed; active participation has shrunk from 114 to 86 since 2022.

Plan summary
Net assets, end of year$5,351,345
Participants with balances105
Active participants86
Employer contributions$203,230
Employee contributions$364,889
Employer contribution per active participant$2,363
Average account balance$50,965
Benefits paid to participants$537,249
Plan auditUnmodified (clean) audit opinion
AuditorKEITER
Plan history3
Yearassets · accounts · employer contribution
2024$5.4M · 105 accts · $203K emplr
2023$4.3M · 176 accts · $167K emplr
2022$3.3M · 241 accts · $193K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,660
Total administrative$9,660
The James River Petroleum, Inc. 401(k) match · 2024
Employer contribution per active participant$2,363
Median for plans this size$1,313
2024$2,363 per active participant
2023$1,813 per active participant
2022$1,692 per active participant

James River Petroleum, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20245
NATIONWIDE · Recordkeeping · Investment management$1,326
NATIONWIDE LIFE INSURANCE COMPANY · Recordkeeping · Investment management$223
FUTUREPLAN BY ASCENSUS · Consulting$1,875
PPA/TPA · Consulting$1,425
IRON FINANCIAL · Consulting$891

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

Recordkeeper by year2
2024Nationwide
2023Nationwide

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

Administrative cost history3
2024$9,660 · 0.20%
2023$9,349 · 0.25%
2022$5,566 · 0.16%
Same employer
Similar plansWholesale Trade · Virginia
E. E. Wine, Inc. VA$8.3M · 0.71%
Universal Companies, Inc. VA$5.0M · 0.85%
Nilit America Inc VA$4.8M · 0.40%
Cfe Equipment Corporation VA$4.8M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541331068 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.