Plan Ledger DOL Form 5500 · updated monthly

Jim Hinton Oil Company, Inc.401(k)

JIM HINTON OIL COMPANY, INC. PROFIT SHARING PLAN & TRUST · LIVE OAK, FL · plan year 2023

Reported admin expense ratio · 2023
1.11%

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

Jim Hinton Oil Company, Inc. reported $16,960 in plan administrative expenses for 2023: 1.11% of average plan assets, higher than ~75% of peers. Employer contributions averaged $637 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 0.02% to 1.54%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Florida (3,194th of 3,644), and 4,080th of 4,246 in wholesale trade. In 2023, employees put in $2.38 for every $1.00 the employer contributed; active participation has grown from 106 to 129 since 2022.

Plan summary
Net assets, end of year$1,654,658
Participants with balances164
Active participants129
Employer contributions$82,158
Employee contributions$195,247
Employer contribution per active participant$637
Average account balance$10,089
Benefits paid to participants$235,389
Plan auditUnmodified (clean) audit opinion
AuditorDAME, WALKER, HARDEMAN & CO., LLC
Plan history3
Yearassets · accounts · employer contribution
2024$1.5M · 87 accts · $60K emplr
2023$1.7M · 164 accts · $82K emplr
2022$1.4M · 146 accts · $61K emplr
Administrative expenses, itemized · 2023
Investment management$16,960
Total administrative$16,960
The Jim Hinton Oil Company, Inc. 401(k) match · 2023
Employer contribution per active participant$637
Median for plans this size$1,308
2024$616 per active participant
2023$637 per active participant
2022$580 per active participant

Jim Hinton Oil Company, Inc.'s 2023 employer contribution ran below the $1,308 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231

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$24,588 · 1.54%
2023$16,960 · 1.11%
2022$350 · 0.02%
Similar plansWholesale Trade · Florida
Ksm Electronics, Inc. FL$1.9M · 0.70%
Rish Equipment Company FL$1.8M · 1.20%
Tp Aerospace Americas FL$1.8M · 0.71%
Basic Fun, Inc. FL$1.7M · 0.05%
Natures Food Patch Inc FL$1.1M · 0.04%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 591275843 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.