Plan Ledger DOL Form 5500 · updated monthly

Moyle Petroleum Company401(k)

MOYLE PETROLEUM COMPANY PROFIT SHARING AND 401(K) PLAN · RAPID CITY, SD · plan year 2024

Reported admin expense ratio · 2024
0.46%

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

Moyle Petroleum Company reported $44,240 in plan administrative expenses for 2024: 0.46% of average plan assets, below the peer median. Employer contributions averaged $850 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 0.46%. 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 South Dakota (131st of 233), and the 2,535th of 5,215 in retail trade. In 2024, employees put in $3.42 for every $1.00 the employer contributed; active participation has grown from 192 to 231 since 2022.

Plan summary
Net assets, end of year$10,527,738
Participants with balances316
Active participants231
Employer contributions$196,299
Employee contributions$670,794
Employer contribution per active participant$850
Average account balance$33,316
Benefits paid to participants$483,564
Plan auditUnmodified (clean) audit opinion
AuditorKETEL THORSTENSON, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$10.5M · 316 accts · $196K emplr
2023$8.8M · 316 accts · $177K emplr
2022$8.1M · 277 accts · $140K emplr
The Moyle Petroleum Company 401(k) match · 2024
Employer contribution per active participant$850
Median for plans this size$1,313
2024$850 per active participant
2023$812 per active participant
2022$729 per active participant

Moyle Petroleum Company's 2024 employer contribution ran below the $1,313 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
ALERUS FINANCIAL, N.A. · Recordkeeping · Trustee (directed)$27,797
RBC WEALTH MANAGEMENT · Investment advisory (plan)$18,243

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

Recordkeeper by year2
2024Alerus
2023Alerus

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

Administrative cost history3
2024$44,240 · 0.46%
2023$39,775 · 0.47%
2022$44,944 · 0.47%
Same employer
Similar plansRetail Trade · South Dakota
Karl's, Inc. SD$24.2M
T Graham Companies SD$19.6M · 0.06%
Sioux Falls Ford, Inc. SD$15.8M · 0.26%
County Fair, Inc. SD$8.5M · 0.23%
Lynn's, Inc. SD$7.5M · 0.01%
Liberty Motors, Inc. SD$7.2M · 0.73%
Ana-Fam, Inc. SD$6.3M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460253801 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.