Plan Ledger DOL Form 5500 · updated monthly

R.L. Jordan Oil Company of Nc, Inc.401(k)

R.L. JORDAN OIL COMPANY OF NC, INC. 401(K) PROFIT SHARING PLAN · SPARTANBURG, SC · plan year 2024

Reported admin expense ratio · 2024
1.01%

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

R.L. Jordan Oil Company of Nc, Inc. reported $49,375 in plan administrative expenses for 2024: 1.01% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,063 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 fell from 1.38% to 1.01%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in South Carolina (555th of 807), and 3,614th of 5,215 in retail trade. In 2024, employees put in $1.42 for every $1.00 the employer contributed; active participation has grown from 396 to 466 since 2022.

Plan summary
Net assets, end of year$5,521,952
Participants with balances333
Active participants466
Employer contributions$495,522
Employee contributions$701,328
Employer contribution per active participant$1,063
Average account balance$16,582
Benefits paid to participants$512,898
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.5M · 333 accts · $496K emplr
2023$4.3M · 288 accts · $426K emplr
2022$2.9M · 291 accts · $368K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,578
Investment management$13,797
Total administrative$49,375
The R.L. Jordan Oil Company of Nc, Inc. 401(k) match · 2024
Employer contribution per active participant$1,063
Median for plans this size$1,313
2024$1,063 per active participant
2023$960 per active participant
2022$930 per active participant

R.L. Jordan Oil Company of Nc, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20242
THE VANGUARD GROUP, INC. · Recordkeeping$35,578
RAYMOND JAMES FINANCIAL. · Investment advisory (plan)$13,797

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$49,375 · 1.01%
2023$43,359 · 1.21%
2022$33,261 · 1.38%
Similar plansRetail Trade · South Carolina
Broad River Retail, LLC SC$6.6M · 1.25%
S & H Motors, Inc. SC$5.9M · 1.14%
Benson Nissan, Inc. SC$4.0M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561999845 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.