Plan Ledger DOL Form 5500 · updated monthly

Maguire Oil Company401(k)

MAGUIRE COMPANIES PROFIT SHARING AND 401(K) PLAN · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Maguire Oil Company reported $59,172 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $3,388 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 rose from 0.17% to 0.22%. 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 1,585th-largest of 5,688 plans among Texas employers on file, and the 247th of 612 in mining, oil & gas extraction. In 2024, employees put in $2.76 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,737,515
Participants with balances230
Active participants148
Employer contributions$501,380
Employee contributions$1,383,375
Employer contribution per active participant$3,388
Average account balance$124,946
Benefits paid to participants$948,205
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$28.7M · 230 accts · $501K emplr
2023$24.0M · 225 accts · $418K emplr
2022$21.1M · 219 accts · $270K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,374
Audit (IQPA)$15,450
Total administrative$59,172
The Maguire Oil Company 401(k) match · 2024
Employer contribution per active participant$3,388
Median for plans this size$2,416
2024$3,388 per active participant
2023$2,962 per active participant
2022$1,912 per active participant

Maguire Oil Company's 2024 employer contribution ran above 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
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$27,474
WHITLEY PENN LLP · Accounting / audit$15,450

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$59,172 · 0.22%
2023$28,691 · 0.13%
2022$41,273 · 0.17%
Similar plansMining, Oil & Gas Extraction · Texas
Surge Operating, LLC TX$31.9M · 0.17%
Pason Systems USA Corp. TX$29.5M · 0.11%
Ecopetrol USA, Inc. TX$29.3M · 0.22%
Primeenergy Corporation TX$27.4M · 0.15%
Basa Resources, Inc. TX$26.2M · 0.25%
Dawson Geophysical Company TX$25.3M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751294620 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.