Plan Ledger DOL Form 5500 · updated monthly

Pugh Lubricants LLC401(k)

CADENCE PETROLEUM GROUP EMPLOYEES' SUPPLEMENTAL RETIREMENT 401(K) PLAN · ASHEBORO, NC · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Pugh Lubricants LLC reported $7,518 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,795 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 0.017% to 0.025%. 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 the 502nd-largest of 2,005 plans among North Carolina employers on file, and the 1,204th of 4,246 in wholesale trade. In 2024, employees put in $1.88 for every $1.00 the employer contributed; active participation has shrunk from 725 to 481 since 2022.

Plan summary
Net assets, end of year$34,082,300
Participants with balances530
Active participants481
Employer contributions$1,344,436
Employee contributions$2,522,065
Employer contribution per active participant$2,795
Average account balance$64,306
Benefits paid to participants$3,954,857
Plan auditUnmodified (clean) audit opinion
AuditorBERNARD ROBINSON & COMPAMY, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$34.1M · 530 accts · $1.3M emplr
2023$26.6M · 444 accts · $1.2M emplr
2022$18.7M · 397 accts · $952K emplr
The Pugh Lubricants LLC 401(k) match · 2024
Employer contribution per active participant$2,795
Median for plans this size$2,416
2024$2,795 per active participant
2023$1,621 per active participant
2022$1,314 per active participant

Pugh Lubricants LLC'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 · 202410
T. ROWE PRICE RPS, INC. · Recordkeeping · Trustee$7,518
EAGLE ASSET · Investment managementindirect comp
PIMCO FUNDS · Investment managementindirect comp
AMERICAN FUNDS · Investment managementindirect comp
FIDELITY · Investment managementindirect comp
PRUDENTIAL FUNDS · Investment managementindirect comp
MFS FUNDS · Investment managementindirect comp
JP MORGAN FUNDS · Investment managementindirect comp
COHEN & STEERS FUNDS · Investment managementindirect comp
AMERICAN CENTURY INVESTMENT MANAGEM · Investment managementindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$7,518 · 0.02%
2023$28,257 · 0.12%
2022$3,410 · 0.02%
Same employer
Similar plansWholesale Trade · North Carolina
Big Rock Sports LLC NC$40.4M · 0.34%
Salem Holding Company NC$34.8M · 0.34%
Dillon Supply Company NC$31.7M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 814084872 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.