Plan Ledger DOL Form 5500 · updated monthly

Love's Travel Stops & Country Stores, Inc.401(k)

LOVE'S AND AFFILIATED COMPANIES 401(K) SAVINGS PLAN · OKLAHOMA CITY, OK · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Love's Travel Stops & Country Stores, Inc. reported $627,339 in plan administrative expenses for 2024: 0.16% of average plan assets, higher than ~75% of peers. Employer contributions averaged $886 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 0.16%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other retail trade employers. By assets it is the 21st-largest of 724 plans among Oklahoma employers on file, and the 131st of 5,215 in retail trade. In 2024, employees put in $1.49 for every $1.00 the employer contributed; active participation has grown from 23,589 to 30,204 since 2022.

Plan summary
Net assets, end of year$431,096,017
Participants with balances8,910
Active participants30,204
Employer contributions$26,774,389
Employee contributions$39,849,950
Employer contribution per active participant$886
Average account balance$48,383
Benefits paid to participants$34,838,211
Plan auditUnmodified (clean) audit opinion
AuditorKPMG LLP
Plan history3
Yearassets · accounts · employer contribution
2024$431.1M · 8,910 accts · $26.8M emplr
2023$340.7M · 7,684 accts · $22.2M emplr
2022$253.4M · 6,270 accts · $15.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$627,339
Total administrative$627,339
The Love's Travel Stops & Country Stores, Inc. 401(k) match · 2024
Employer contribution per active participant$886
Median for plans this size$4,294
2024$886 per active participant
2023$739 per active participant
2022$649 per active participant

Love's Travel Stops & Country Stores, Inc.'s 2024 employer contribution ran below the $4,294 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 · 20241
MILLIMAN INC. · Recordkeeping · Loan processing$627,030

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

Recordkeeper by year2
2024Milliman
2023Milliman

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

Administrative cost history3
2024$627,339 · 0.16%
2023$518,773 · 0.17%
2022$444,586 · 0.17%
Same employer
Similar plansRetail Trade · Oklahoma
Hobby Lobby Stores, Inc. OK$668.6M · 0.06%
W.H. Braum, Inc. OK$55.2M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731220756 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.