Plan Ledger DOL Form 5500 · updated monthly

McCraw Oil/Kwik Chek401(k)

MCCRAW OIL/KWIK CHEK 401(K) PLAN · BONHAM, TX · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

McCraw Oil/Kwik Chek reported $48,488 in plan administrative expenses for 2024: 0.59% of average plan assets, above the peer median. Employer contributions averaged $344 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 0.59%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Texas (3,207th of 5,688), and 2,827th of 5,215 in retail trade. In 2024, employees put in $1.97 for every $1.00 the employer contributed; active participation has grown from 585 to 948 since 2022.

Plan summary
Net assets, end of year$9,056,741
Participants with balances184
Active participants948
Employer contributions$326,218
Employee contributions$643,533
Employer contribution per active participant$344
Average account balance$49,221
Benefits paid to participants$470,201
Plan auditUnmodified (clean) audit opinion
AuditorJ TAYLOR AND ASSOCIATES LLC
Plan history3
Yearassets · accounts · employer contribution
2024$9.1M · 184 accts · $326K emplr
2023$7.4M · 185 accts · $317K emplr
2022$6.1M · 156 accts · $273K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,666
Investment management$19,822
Total administrative$48,488
The McCraw Oil/Kwik Chek 401(k) match · 2024
Employer contribution per active participant$344
Median for plans this size$1,313
2024$344 per active participant
2023$543 per active participant
2022$466 per active participant

McCraw Oil/Kwik Chek's 2024 employer contribution ran below the $1,313 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 · 20242
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$19,822

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$48,488 · 0.59%
2023$40,564 · 0.60%
2022$39,881 · 0.61%
Similar plansRetail Trade · Texas
Hull Supply Company, Inc TX$9.3M · 0.04%
Retail Concepts, Inc. TX$8.8M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751622292 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.