Plan Ledger DOL Form 5500 · updated monthly

K & G Petroleum, LLC401(k)

K & G PETROLEUM, LLC 401(K) PLAN · LITTLETON, CO · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

K & G Petroleum, LLC reported $9,645 in plan administrative expenses for 2024: 0.50% of average plan assets, below the peer median. Employer contributions averaged $310 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 fell from 1.32% to 0.50%. 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 Colorado (1,259th of 1,461), and 4,630th of 5,215 in retail trade. In 2024, employees put in $1.99 for every $1.00 the employer contributed; active participation has shrunk from 629 to 525 since 2022.

Plan summary
Net assets, end of year$2,131,958
Participants with balances165
Active participants525
Employer contributions$162,947
Employee contributions$324,288
Employer contribution per active participant$310
Average account balance$12,921
Benefits paid to participants$310,314
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.1M · 165 accts · $163K emplr
2023$1.7M · 186 accts · $154K emplr
2022$1.0M · 186 accts · $134K emplr
Administrative expenses, itemized · 2024
Trustee / custodial$9,645
Total administrative$9,645
The K & G Petroleum, LLC 401(k) match · 2024
Employer contribution per active participant$310
Median for plans this size$1,313
2024$310 per active participant
2023$239 per active participant
2022$213 per active participant

K & G Petroleum, LLC's 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
TRANSAMERICA LIFE INS CO · Recordkeeping · Loan processing$5,177
CBIZ RETIREMENT PLAN SERVICES, INC. · Recordkeeping · Loan processing$675
BOKF, NA · Custodial (securities) · Trustee$9,645
CETERA ADVISOR NETWORKS · Investment advisory (plan)$2,185
MESIRO FINANCIAL, INC. · Investment advisory (plan)$88

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

Recordkeeper by year2
2024CBIZ RETIREMENT PLAN SERVICES, INC., Transamerica
2023Transamerica

This plan has changed recordkeepers within these filings. If you left K & G Petroleum, LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$9,645 · 0.50%
2023$18,203 · 1.32%
2022$12,527 · 1.32%
Same employer
Similar plansRetail Trade · Colorado
The Pro's Closet Inc. CO$2.7M · 0.43%
Peerless Tyre Co CO$2.4M · 0.53%
Two Js LLC CO$2.2M · 1.34%
Etai's Food, Inc. CO$2.2M · 0.84%
Gymshark USA Inc CO$2.0M · 0.84%
Jst Consultants, LLC CO$1.6M · 1.74%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364513700 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.