Plan Ledger DOL Form 5500 · updated monthly

Petroleum Heat and Power Co., Inc.401(k)

RETIREMENT SAVINGS PLAN · STAMFORD, CT · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Petroleum Heat and Power Co., Inc. reported $328,745 in plan administrative expenses for 2024: 0.10% of average plan assets, above the peer median. Employer contributions averaged $3,009 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 0.08% to 0.10%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other retail trade employers. By assets it is the 70th-largest of 1,106 plans among Connecticut employers on file, and the 146th of 5,215 in retail trade. In 2024, employees put in $1.47 for every $1.00 the employer contributed; active participation has grown from 2,389 to 2,885 since 2022.

Plan summary
Net assets, end of year$351,532,191
Participants with balances3,379
Active participants2,885
Employer contributions$8,680,784
Employee contributions$12,739,554
Employer contribution per active participant$3,009
Average account balance$104,034
Benefits paid to participants$36,982,570
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$351.5M · 3,379 accts · $8.7M emplr
2023$316.0M · 3,294 accts · $8.4M emplr
2022$273.6M · 3,350 accts · $8.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$197,649
Investment management$104,646
Audit (IQPA)$26,450
Total administrative$328,745
The Petroleum Heat and Power Co., Inc. 401(k) match · 2024
Employer contribution per active participant$3,009
Median for plans this size$4,294
2024$3,009 per active participant
2023$3,586 per active participant
2022$3,516 per active participant

Petroleum Heat and Power Co., Inc.'s 2024 employer contribution ran below the $4,294 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.

Service providers · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$197,649
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$104,646
PKF O'CONNOR DAVIES, LLP · Accounting / audit$26,450

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$328,745 · 0.10%
2023$347,118 · 0.12%
2022$237,341 · 0.08%
Similar plansRetail Trade · Connecticut
Booking Holdings Inc CT$519.2M · 0.10%
Bob's Discount Furniture LLC CT$227.8M · 0.13%
Ring's End, Incorporated CT$122.9M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061183025 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.