Plan Ledger DOL Form 5500 · updated monthly

Rogers Petroleum, Inc.401(k)

PETROLEUM MARKETERS 401K PLAN · MORRISTOWN, TN · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Rogers Petroleum, Inc. reported $23,591 in plan administrative expenses for 2024: 0.43% of average plan assets, below the peer median. Employer contributions averaged $2,297 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 0.41% to 0.43%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Tennessee (1,009th of 1,496), and 3,492nd of 4,246 in wholesale trade. In 2024, employees put in $2.38 for every $1.00 the employer contributed; active participation has grown from 114 to 129 since 2022.

Plan summary
Net assets, end of year$6,059,357
Participants with balances136
Active participants129
Employer contributions$296,376
Employee contributions$706,763
Employer contribution per active participant$2,297
Average account balance$44,554
Benefits paid to participants$382,135
Plan auditQualified audit opinion
AuditorCRAINE, THOMPSON, & JONES, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$6.1M · 136 accts · $296K emplr
2023$4.9M · 128 accts · $279K emplr
2022$3.8M · 126 accts · $251K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,591
Total administrative$23,591
The Rogers Petroleum, Inc. 401(k) match · 2024
Employer contribution per active participant$2,297
Median for plans this size$1,313
2024$2,297 per active participant
2023$2,325 per active participant
2022$2,202 per active participant

Rogers Petroleum, Inc.'s 2024 employer contribution ran above 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$23,591
FIRST HORIZON ADVISORS INC · Other servicesindirect comp

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$23,591 · 0.43%
2023$18,605 · 0.43%
2022$15,681 · 0.41%
Same employer
Similar plansWholesale Trade · Tennessee
Highland LLC TN$6.3M · 0.58%
Lpi Holdco Inc. TN$6.3M · 0.00%
Fusionsite Services LLC TN$6.1M · 1.10%
Pella Tennessee, LLC TN$6.0M · 0.69%
Hyosung Hico, LTD TN$5.8M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621094778 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.