Plan Ledger DOL Form 5500 · updated monthly

Killam Oil Co., LTD.401(k)

KILLAM OIL COMPANY RETIREMENT PLAN AND TRUST · LAREDO, TX · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Killam Oil Co., LTD. reported $95,874 in plan administrative expenses for 2024: 0.42% of average plan assets, above the peer median. Employer contributions averaged $2,043 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 3 years on file its reported administrative ratio has held roughly steady near 0.42%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 1,790th-largest of 5,688 plans among Texas employers on file, and the 280th of 612 in mining, oil & gas extraction. In 2024, employees put in $2.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,081,784
Participants with balances175
Active participants190
Employer contributions$388,254
Employee contributions$920,889
Employer contribution per active participant$2,043
Average account balance$137,610
Benefits paid to participants$2,038,415
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.1M · 175 accts · $388K emplr
2023$21.6M · 151 accts · $330K emplr
2022$17.5M · 149 accts · $306K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,346
Investment management$77,906
Trustee / custodial$16,622
Total administrative$95,874
The Killam Oil Co., LTD. 401(k) match · 2024
Employer contribution per active participant$2,043
Median for plans this size$2,416
2024$2,043 per active participant
2023$1,666 per active participant
2022$1,610 per active participant

Killam Oil Co., LTD.'s 2024 employer contribution ran below the $2,416 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 · 20242
BOKF, NA · Consulting · Investment advisory (plan)$84,947
CHARLES SCHWAB TRUST BANK · Custodial (securities) · Trustee$10,928

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$95,874 · 0.42%
2023$80,944 · 0.41%
2022$78,165 · 0.41%
Same employer
Similar plansMining, Oil & Gas Extraction · Texas
Dawson Geophysical Company TX$25.3M · 0.45%
Baytex Energy USA, Inc. TX$25.2M · 0.16%
Tgnr Holdco LLC TX$24.3M · 0.50%
Tam International, Inc. TX$23.5M · 0.39%
Burk Royalty Co., LTD. TX$23.5M · 0.37%
Tellurian Services LLC TX$23.4M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742214450 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.