Plan Ledger DOL Form 5500 · updated monthly

Shay Oil Company, Inc.401(k)

SHAY OIL COMPANY, INC. 401(K) PROFIT SHARING PLAN · YUMA, AZ · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Shay Oil Company, Inc. reported $1,962 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $672 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 0.03% to 0.04%. 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 Arizona (806th of 1,285), and 3,656th of 5,215 in retail trade. In 2024, employees put in $1.44 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,385,146
Participants with balances223
Active participants154
Employer contributions$103,510
Employee contributions$148,667
Employer contribution per active participant$672
Average account balance$24,149
Benefits paid to participants$203,723
Plan auditUnmodified (clean) audit opinion
AuditorLUDWIG KLEWER & RUDNER PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$5.4M · 223 accts · $104K emplr
2023$4.9M · 215 accts · $104K emplr
2022$4.4M · 210 accts · $103K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,962
Total administrative$1,962
The Shay Oil Company, Inc. 401(k) match · 2024
Employer contribution per active participant$672
Median for plans this size$1,313
2024$672 per active participant
2023$730 per active participant
2022$720 per active participant

Shay Oil Company, 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 · 20241
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · 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
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$1,962 · 0.04%
2023$1,887 · 0.04%
2022$1,396 · 0.03%
Similar plansRetail Trade · Arizona
Quebedeaux Pontiac Gmc AZ$6.2M · 0.28%
Ken Ellegard - Peoria Inc AZ$6.1M · 0.28%
Butori Corp AZ$5.3M · 0.33%
Phoenix Motor Company AZ$5.0M · 0.45%
Aleracare Holdings, LLC AZ$4.0M · 0.63%
Liberty Gmc, Inc. AZ$4.0M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 860250950 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.