Plan Ledger DOL Form 5500 · updated monthly

Petroleum Equipment Service Of401(k)

PETROLEUM EQUIPMENT SERVICE OF 401(K) PROFIT SHARING PLAN & TRUST · MANCHESTER, NH · plan year 2022

Reported admin expense ratio · 2022
0.72%

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

Petroleum Equipment Service Of reported $48,476 in plan administrative expenses for 2022: 0.72% of average plan assets, above the peer median. Employer contributions averaged $1,384 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in New Hampshire (312th of 411), and 3,398th of 5,215 in retail trade. In 2022, employees put in $3.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,384,735
Participants with balances231
Active participants192
Employer contributions$265,691
Employee contributions$875,385
Employer contribution per active participant$1,384
Average account balance$27,640
Benefits paid to participants$691,245
Plan auditUnmodified (clean) audit opinion
AuditorBOIVIN & ASSOCIATES, CPAS, PLLC
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $168K emplr
2022$6.4M · 231 accts · $266K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$20,896
Investment management$19,580
Professional / advisory$8,000
Total administrative$48,476
The Petroleum Equipment Service Of 401(k) match · 2022
Employer contribution per active participant$1,384
Median for plans this size$1,114

Petroleum Equipment Service Of's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$48,476 · 0.72%
Similar plansRetail Trade · New Hampshire
Bonneville & Son, Inc. NH$7.9M · 0.61%
Sail Energy, LLC NH$7.7M · 1.22%
Alco Motors, LLC NH$6.8M · 0.59%
The Butcher Block, Inc. NH$3.8M · 0.81%
Ajc Northeast LLC NH$198K · 0.75%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262381807 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.