Plan Ledger DOL Form 5500 · updated monthly

Sayle Oil Management Company, LLC401(k)

SAYLE OIL MANAGEMENT COMPANY, LLC 401(K) PROFIT SHARING TRUST · CHARLESTON, MS · plan year 2024

Reported admin expense ratio · 2024
0.69%

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

Sayle Oil Management Company, LLC reported $28,903 in plan administrative expenses for 2024: 0.69% of average plan assets, above the peer median. Employer contributions averaged $858 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 3 years on file its reported administrative ratio has held roughly steady near 0.69%. 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 Mississippi (251st of 367), and 3,905th of 5,215 in retail trade. In 2024, employees put in $2.36 for every $1.00 the employer contributed; active participation has grown from 128 to 160 since 2022.

Plan summary
Net assets, end of year$4,527,443
Participants with balances103
Active participants160
Employer contributions$137,204
Employee contributions$323,945
Employer contribution per active participant$858
Average account balance$43,956
Benefits paid to participants$355,732
Plan auditUnmodified (clean) audit opinion
AuditorBFMW GROUP PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$4.5M · 103 accts · $137K emplr
2023$3.9M · 105 accts · $117K emplr
2022$3.3M · 90 accts · $116K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,112
Investment management$14,791
Total administrative$28,903
The Sayle Oil Management Company, LLC 401(k) match · 2024
Employer contribution per active participant$858
Median for plans this size$1,313
2024$858 per active participant
2023$799 per active participant
2022$905 per active participant

Sayle Oil Management Company, LLC'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
CPI QUALIFIED PLAN CONSULTANTS, INC · Recordkeeping · Pension consulting$14,112
RAYMOND JAMES AND ASSOICATES INC · Investment advisory (plan)$14,791

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$28,903 · 0.69%
2023$23,250 · 0.65%
2022$25,906 · 0.72%
Same employer
Similar plansRetail Trade · Mississippi
Hg Ms Admin, LLC MS$6.3M · 0.67%
Victory Marketing, LLC MS$5.3M · 0.40%
D & H Company MS$4.2M · 1.32%
Barnes Crossing Auto LLC MS$3.5M · 1.48%
Triple V, Inc. MS$3.4M · 0.72%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260880037 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.