Plan Ledger DOL Form 5500 · updated monthly

Peterson's Oil Service,IncProfit-sharing plan

PETERSON'S OIL SERVICE, INC.PROFIT SHARING PLAN · WORCESTER, MA · plan year 2022

Reported admin expense ratio · 2022
0.70%

Peterson's Oil Service,Inc reported $30,430 in plan administrative expenses for 2022: 0.70% of average plan assets, above the peer median. 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 fell from 0.70% to 0.60%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Massachusetts (2,365th of 2,726), and 3,721st of 4,246 in wholesale trade.

Plan summary
Net assets, end of year$4,408,925
Participants with balances158
Active participants72
Employer contributions—
Employee contributions—
Employer contribution per active participant—
Average account balance$27,905
Benefits paid to participants$254,078
Plan auditUnmodified (clean) audit opinion
AuditorO'CONNOR MALONEY & CO PC
Plan history3
Yearassets · accounts · employer contribution
2024$3.6M · 99 accts
2023$3.4M · 118 accts
2022$4.4M · 158 accts
Administrative expenses, itemized · 2022
Investment management$30,430
Total administrative$30,430
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$20,967 · 0.60%
2023$22,993 · 0.59%
2022$30,430 · 0.70%
Similar plansWholesale Trade · Massachusetts
Mid City Steel Corp. MA$6.2M · 0.02%
Door Systems, Inc MA$3.8M · 0.53%
Cometeer, Inc. MA$2.8M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042268850 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.