Plan Ledger DOL Form 5500 · updated monthly

Murphy USA Inc.401(k)

MURPHY USA INC. SAVINGS PLAN · EL DORADO, AR · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Murphy USA Inc. reported $773,752 in plan administrative expenses for 2024: 0.23% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,367 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 1 year on file its reported administrative ratio rose from 0.14% to 0.23%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other retail trade employers. By assets it is the 13th-largest of 456 plans among Arkansas employers on file, and the 144th of 5,215 in retail trade. In 2024, the employer put in $1.66 for every $1.00 employees contributed themselves; active participation has grown from 5,328 to 16,166 since 2022.

Plan summary
Net assets, end of year$358,290,380
Participants with balances7,246
Active participants16,166
Employer contributions$22,106,366
Employee contributions$13,290,928
Employer contribution per active participant$1,367
Average account balance$49,447
Benefits paid to participants$37,899,506
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$358.3M · 7,246 accts · $22.1M emplr
2023$310.3M · 6,065 accts · $21.8M emplr
2022$184.1M · 2,154 accts · $13.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$729,104
Investment management$44,648
Total administrative$773,752
The Murphy USA Inc. 401(k) match · 2024
Employer contribution per active participant$1,367
Median for plans this size$4,294
2024$1,367 per active participant
2023$1,921 per active participant
2022$2,590 per active participant

Murphy USA Inc.'s 2024 employer contribution ran below the $4,294 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
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$44,648
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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$773,752 · 0.23%
2023$354,327 · 0.14%
2022Not separately reported
All plans at this employer2
MURPHY USA INC. SAVINGS PLAN401(k)
MURPHY USA INC. PROFIT SHARING PLANProfit-sharing plan
Same employer
Similar plansRetail Trade · Arkansas
Walmart Inc. AR$50.7B · 0.09%
Dillard's, Inc. AR$3.0B · 0.08%
J.A. Riggs Tractor Company AR$82.1M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 462279221 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.