Plan Ledger DOL Form 5500 · updated monthly

Sampson-Bladen Oil Company, Inc.401(k)

SAMPSON-BLADEN OIL COMPANY, INC. PROFIT SHARING PLAN AND TRUST · CLINTON, NC · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Sampson-Bladen Oil Company, Inc. reported $51,225 in plan administrative expenses for 2024: 0.29% of average plan assets, above the peer median. Employer contributions averaged $1,094 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 0.27% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 772nd-largest of 2,005 plans among North Carolina employers on file, and the 1,575th of 5,215 in retail trade. In 2024, employees put in $1.89 for every $1.00 the employer contributed; active participation has grown from 584 to 694 since 2022.

Plan summary
Net assets, end of year$18,577,957
Participants with balances207
Active participants694
Employer contributions$759,000
Employee contributions$1,432,534
Employer contribution per active participant$1,094
Average account balance$89,749
Benefits paid to participants$1,747,691
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$18.6M · 207 accts · $759K emplr
2023$16.3M · 752 accts · $752K emplr
2022$14.4M · 633 accts · $502K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$16,225
Investment management$35,000
Total administrative$51,225
The Sampson-Bladen Oil Company, Inc. 401(k) match · 2024
Employer contribution per active participant$1,094
Median for plans this size$2,416
2024$1,094 per active participant
2023$1,109 per active participant
2022$859 per active participant

Sampson-Bladen Oil Company, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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
CPI QUALIFIED PLAN CONSULTANTS, INC · Recordkeeping · Pension consulting$16,225
FIRST CITIZENS BANK · Investment advisory (plan)$35,000

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

Recordkeeper by year2
2024CPI QUALIFIED PLAN CONSULTANTS, INC
2023CPI QUALIFIED PLAN CONSULTANTS, INC

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Administrative cost history3
2024$51,225 · 0.29%
2023$42,287 · 0.28%
2022$42,604 · 0.27%
Same employer
Similar plansRetail Trade · North Carolina
Carolina Home Medical, Inc. NC$20.3M · 0.33%
Badger Sportswear, LLC NC$19.4M · 0.53%
G & B Oil Company, Inc. NC$17.9M · 0.24%
The Building Center, Inc. NC$17.7M · 0.35%
Blue Acorn Ici, Inc. NC$17.1M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 560388031 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.