Plan Ledger DOL Form 5500 · updated monthly

National Oil and Gas, Inc.401(k)

NATIONAL OIL AND GAS, INC. EMPLOYEES' SAVINGS PLAN · BLUFFTON, IN · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

National Oil and Gas, Inc. reported $41,344 in plan administrative expenses for 2024: 0.29% of average plan assets, above the peer median. Employer contributions averaged $10,609 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 0.26% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 701st-largest of 1,562 plans among Indiana employers on file, and 2,319th of 4,246 in wholesale trade. In 2024, the employer put in $1.91 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$15,507,547
Participants with balances146
Active participants125
Employer contributions$1,326,084
Employee contributions$694,608
Employer contribution per active participant$10,609
Average account balance$106,216
Benefits paid to participants$905,053
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$15.5M · 146 accts · $1.3M emplr
2023$12.8M · 151 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Investment management$41,344
Total administrative$41,344
The National Oil and Gas, Inc. 401(k) match · 2024
Employer contribution per active participant$10,609
Median for plans this size$2,416
2024$10,609 per active participant
2023$8,922 per active participant

National Oil and Gas, 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 · 20242
ONEASCENT FINANCIAL SERVICES, LLC · Investment advisory (plan)$34,713
CORRELL CO. · Contract administrator$7,212

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

Administrative cost history2
2024$41,344 · 0.29%
2023$30,074 · 0.26%
Same employer
Similar plansWholesale Trade · Indiana
Winkler, Inc. IN$18.0M · 0.06%
Mid-City Supply Co., Inc. IN$17.0M · 0.68%
Trends International, LLC IN$16.7M · 0.46%
Accutemp Products, Inc. IN$15.5M · 0.56%
Central Products, LLC IN$14.9M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 350540872 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.