Plan Ledger DOL Form 5500 · updated monthly

Petroleum Traders Corporation401(k)

PETROLEUM TRADERS CORPORATION 401(K) SALARY REDUCTION PLAN AND TRUST · FORT WAYNE, IN · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

Petroleum Traders Corporation reported $67,469 in plan administrative expenses for 2024: 0.55% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,883 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 0.40% to 0.55%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Indiana (784th of 1,562), and 2,570th of 4,246 in wholesale trade. In 2024, employees put in $1.62 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,963,421
Participants with balances118
Active participants103
Employer contributions$400,000
Employee contributions$648,918
Employer contribution per active participant$3,883
Average account balance$109,860
Benefits paid to participants$1,028,380
Plan auditUnmodified (clean) audit opinion
AuditorBADEN GAGE & SCHROEDER
Plan history3
Yearassets · accounts · employer contribution
2024$13.0M · 118 accts · $400K emplr
2023$11.5M · 131 accts · $501K emplr
2022$11.0M · 122 accts · $398K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$67,469
Total administrative$67,469
The Petroleum Traders Corporation 401(k) match · 2024
Employer contribution per active participant$3,883
Median for plans this size$2,416
2024$3,883 per active participant
2023$4,816 per active participant
2022$4,194 per active participant

Petroleum Traders Corporation's 2024 employer contribution ran above the $2,416 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 · 20244
SYM FINANCIAL CORPORATION · Investment advisory (plan)$34,896
PHILLIPS FINANCIAL MANAGEMENT LLC · Investment advisory (plan)$17,799
ASCENSUS HOLDINGS INC DBA FUTUREPLA · Contract administrator$2,875

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$67,469 · 0.55%
2023$52,711 · 0.47%
2022$43,883 · 0.40%
Similar plansWholesale Trade · Indiana
Central Products, LLC IN$14.9M · 0.63%
Brehob Corporation IN$13.7M · 0.45%
Lensing Wholesale Inc. IN$13.2M · 0.39%
Lee Supply Corp. IN$12.9M · 0.09%
Stanz Cheese Co., Inc. IN$12.7M · 0.47%
Meyer Distributing, Inc. IN$12.3M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351462227 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.