Plan Ledger DOL Form 5500 · updated monthly

Main Brothers Oil Company, Inc.ESOP

MAIN BROTHERS OIL COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN · ALBANY, NY · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Main Brothers Oil Company, Inc. reported $51,245 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $16,111 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 0.145% to 0.154%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,791st-largest of 5,648 plans among New York employers on file, and the 4,092nd of 13,661 in manufacturing. active participation has grown from 81 to 90 since 2022.

Plan summary
Net assets, end of year$34,194,540
Participants with balances201
Active participants90
Employer contributions$1,450,000
Employee contributions—
Employer contribution per active participant$16,111
Average account balance$170,122
Benefits paid to participants$2,657,549
Plan auditUnmodified (clean) audit opinion
AuditorBST & CO. CPAS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$34.2M · 201 accts · $1.4M emplr
2023$32.4M · 199 accts · $1.4M emplr
2022$31.8M · 206 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Investment management$51,195
Total administrative$51,245
Employer contributions to the Main Brothers Oil Company, Inc. plan · 2024
Employer contribution per active participant$16,111
Median for plans this size$2,416
2024$16,111 per active participant
2023$16,860 per active participant
2022$17,284 per active participant

Main Brothers 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
FIDELITY · Investment management$51,195

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$51,245 · 0.15%
2023$46,592 · 0.14%
2022$47,193 · 0.15%
All plans at this employer2
MAIN BROTHERS OIL COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
MAIN BROTHERS OIL COMPANY, INC. 401(K) PLAN401(k)
Same employer
Similar plansManufacturing · New York
Dynalec Corporation NY$34.9M · 0.30%
Feldmeier Equipment, Inc. NY$34.5M · 0.20%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 146024844 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.