Plan Ledger DOL Form 5500 · updated monthly

Lott Oil Company, Inc.401(k)

LOTT OIL COMPANY, INC. 401K PLAN · NATCHITOCHES, LA · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Lott Oil Company, Inc. reported $21,320 in plan administrative expenses for 2024: 0.32% of average plan assets, below the peer median. Employer contributions averaged $791 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 0.59% to 0.32%. 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 Louisiana (521st of 884), and 3,310th of 4,246 in wholesale trade. In 2024, employees put in $2.05 for every $1.00 the employer contributed; active participation has grown from 199 to 263 since 2022.

Plan summary
Net assets, end of year$7,335,979
Participants with balances161
Active participants263
Employer contributions$207,946
Employee contributions$426,336
Employer contribution per active participant$791
Average account balance$45,565
Benefits paid to participants$193,157
Plan auditUnmodified (clean) audit opinion
AuditorTMCE, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$7.3M · 161 accts · $208K emplr
2023$6.0M · 146 accts · $185K emplr
2022$4.7M · 138 accts · $171K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,378
Total administrative$21,320
The Lott Oil Company, Inc. 401(k) match · 2024
Employer contribution per active participant$791
Median for plans this size$1,313
2024$791 per active participant
2023$688 per active participant
2022$859 per active participant

Lott Oil Company, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20241
WERNTZ & ASSOCIATES · Recordkeeping$5,639

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

Recordkeeper by year2
2024WERNTZ & ASSOCIATES
2023WERNTZ & ASSOCIATES

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

Administrative cost history3
2024$21,320 · 0.32%
2023$27,057 · 0.51%
2022$29,528 · 0.59%
Same employer
Similar plansWholesale Trade · Louisiana
Hood Motor Company LA$8.3M · 0.88%
Ps Wholesale Floors, LLC LA$7.6M · 0.58%
Port Aggregates, Inc. LA$5.1M · 0.36%
Tides Medical, LLC LA$4.4M · 1.04%
Krispy Krunchy Foods LLC LA$4.3M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720877791 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.