Plan Ledger DOL Form 5500 · updated monthly

Kirkpatrick Oil Company, Inc.401(k)

KIRKPATRICK COMPANIES SAVINGS INCENTIVE & PROFIT SHARING PLAN · OKLAHOMA CITY, OK · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Kirkpatrick Oil Company, Inc. reported $95,074 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $5,694 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 0.49% to 0.37%. 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 196th-largest of 724 plans among Oklahoma employers on file, and the 259th of 612 in mining, oil & gas extraction. In 2024, employees put in $1.36 for every $1.00 the employer contributed; active participation has grown from 131 to 151 since 2022.

Plan summary
Net assets, end of year$26,452,627
Participants with balances170
Active participants151
Employer contributions$859,794
Employee contributions$1,166,240
Employer contribution per active participant$5,694
Average account balance$155,604
Benefits paid to participants$3,570,959
Plan auditUnmodified (clean) audit opinion
AuditorFINLEY & COOK, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$26.5M · 170 accts · $860K emplr
2023$24.6M · 160 accts · $831K emplr
2022$21.6M · 154 accts · $790K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,686
Investment management$35,047
Audit (IQPA)$12,542
Total administrative$95,074
The Kirkpatrick Oil Company, Inc. 401(k) match · 2024
Employer contribution per active participant$5,694
Median for plans this size$2,416
2024$5,694 per active participant
2023$6,396 per active participant
2022$6,032 per active participant

Kirkpatrick Oil Company, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20241
JOHN HANCOCK USA · Recordkeeping · Investment management$1,918

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$95,074 · 0.37%
2023$88,412 · 0.38%
2022$115,423 · 0.49%
Similar plansMining, Oil & Gas Extraction · Oklahoma
Unit Corporation OK$60.5M · 0.02%
Canvas Energy LLC OK$42.5M · 0.03%
Gulfport Energy Corporation OK$38.7M · 0.18%
Mack Energy Co. OK$27.7M · 0.21%
Shebester-Bechtel, Inc. OK$25.4M · 0.13%
Cheyenne Petroleum Company OK$22.6M · 0.05%
American Cementing, LLC OK$19.6M · 0.71%
Sef Energy, LLC OK$18.4M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731342045 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.