Plan Ledger DOL Form 5500 · updated monthly

Maine Oxy-Acetylene Supply Co.401(k)

MAINE OXY-ACETYLENE SUPPLY CO. 401(K) PROFIT SHARING PLAN · AUBURN, ME · plan year 2022

Reported admin expense ratio · 2022
0.14%

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

Maine Oxy-Acetylene Supply Co. reported $19,827 in plan administrative expenses for 2022: 0.14% of average plan assets, below the peer median. Employer contributions averaged $1,371 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 0.14% to 0.22%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Maine (197th of 354), and the 2,176th of 5,215 in retail trade. In 2022, employees put in $3.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,748,239
Participants with balances231
Active participants170
Employer contributions$233,152
Employee contributions$698,939
Employer contribution per active participant$1,371
Average account balance$55,187
Benefits paid to participants$1,207,418
Plan auditUnmodified (clean) audit opinion
AuditorALBIN, RANDALL, AND BENNETT
Plan history3
Yearassets · accounts · employer contribution
2024$10.1M · 289 accts · $263K emplr
2023$11.2M · 269 accts · $248K emplr
2022$12.7M · 231 accts · $233K emplr
The Maine Oxy-Acetylene Supply Co. 401(k) match · 2022
Employer contribution per active participant$1,371
Median for plans this size$2,266
2024$1,197 per active participant
2023$1,251 per active participant
2022$1,371 per active participant

Maine Oxy-Acetylene Supply Co.'s 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Recordkeeper by year2
2024COMPASS RETIREMENT CONSULTING GROUP, PENSION CONSULTANTS INC., Transamerica
2023COMPASS RETIREMENT CONSULTING GROUP, Transamerica

This plan has changed recordkeepers within these filings. If you left Maine Oxy-Acetylene Supply Co. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$23,086 · 0.22%
2023$23,595 · 0.20%
2022$19,827 · 0.14%
Same employer
Similar plansRetail Trade · Maine
Hutchins Motors, Inc. ME$16.5M · 0.02%
Bill Dodge Auto Group, Inc. ME$15.4M · 0.29%
Dsr Auto Management LLC ME$13.2M · 0.62%
Goodwin's Chevrolet Company ME$13.1M · 0.64%
Pei ME$12.2M · 0.25%
Colby and Gale, Inc. ME$10.2M · 0.69%
R H Reny Inc ME$9.5M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010113500 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.