Plan Ledger DOL Form 5500 · updated monthly

Nuckles Oil Co. Inc. dba Merit O401(k)

NUCKLES OIL CO. INC. DBA MERIT OIL CO. AND & VAN DYK TANK LINES · BLOOMINGTON, CA · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Nuckles Oil Co. Inc. dba Merit O reported $3,574 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $741 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 0.120%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other utilities employers. By assets it is among the smaller plans on file in California (7,693rd of 9,483), and 383rd of 412 in utilities. In 2024, employees put in $4.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,328,475
Participants with balances121
Active participants148
Employer contributions$109,737
Employee contributions$451,298
Employer contribution per active participant$741
Average account balance$27,508
Benefits paid to participants$200,450
Plan auditUnmodified (clean) audit opinion
AuditorROORDA PIQUE & BESSE
Plan history2
Yearassets · accounts · employer contribution
2024$3.3M · 121 accts · $110K emplr
2022$2.0M · 66 accts · $76K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,510
Investment management$1,064
Total administrative$3,574
The Nuckles Oil Co. Inc. dba Merit O 401(k) match · 2024
Employer contribution per active participant$741
Median for plans this size$1,313
2024$741 per active participant
2022$581 per active participant

Nuckles Oil Co. Inc. dba Merit O'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.

Administrative cost history2
2024$3,574 · 0.12%
2022$2,185 · 0.12%
Similar plansUtilities · California
Powur Pbc CA$3.1M · 0.35%
Mdm Services Corporation CA$1.8M · 0.76%
V3 Electric Inc. CA$1.8M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952856430 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.