Plan Ledger DOL Form 5500 · updated monthly

Par Petroleum LLC401(k)

PAR PETROLEUM LLC SAVINGS PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Par Petroleum LLC reported $280,774 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $7,938 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 2 years on file its reported administrative ratio rose from 0.11% to 0.12%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other utilities employers. By assets it is the 340th-largest of 5,688 plans among Texas employers on file, and the 85th of 412 in utilities. In 2024, employees put in $1.20 for every $1.00 the employer contributed; active participation has grown from 1,362 to 1,774 since 2022.

Plan summary
Net assets, end of year$247,914,292
Participants with balances1,583
Active participants1,774
Employer contributions$14,081,425
Employee contributions$16,833,521
Employer contribution per active participant$7,938
Average account balance$156,610
Benefits paid to participants$17,346,224
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$247.9M · 1,583 accts · $14.1M emplr
2023$202.9M · 1,539 accts · $11.1M emplr
2022$158.9M · 1,128 accts · $5.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$280,774
Total administrative$280,774
The Par Petroleum LLC 401(k) match · 2024
Employer contribution per active participant$7,938
Median for plans this size$3,635
2024$7,938 per active participant
2023$5,904 per active participant
2022$3,779 per active participant

Par Petroleum LLC's 2024 employer contribution ran above the $3,635 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$280,773
CREATIVE PLANNING, INC. · Investment advisory (plan)indirect 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$280,774 · 0.12%
2023$211,899 · 0.12%
2022$197,950 · 0.11%
Same employer
Similar plansUtilities · Texas
Engie Holdings Inc. TX$560.3M · 0.06%
Ercot TX$464.9M · 0.06%
Cheniere Energy Inc. TX$394.0M · 0.05%
El Paso Electric Company TX$241.2M · 0.02%
Archrock Services, L.P. TX$199.8M · 0.21%
Genon Services, LLC TX$199.7M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 462908645 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.