Plan Ledger DOL Form 5500 · updated monthly

Signal Hill Petroleum, Inc.401(k)

SIGNAL HILL PETROLEUM, INC. 401(K) EMPLOYEE SAVINGS PLAN · SIGNAL HILL, CA · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Signal Hill Petroleum, Inc. reported $57,467 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $5,525 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 0.23%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 2,861st-largest of 9,483 plans among California employers on file, and the 252nd of 612 in mining, oil & gas extraction. In 2024, employees put in $1.77 for every $1.00 the employer contributed; active participation has grown from 89 to 112 since 2022.

Plan summary
Net assets, end of year$27,565,680
Participants with balances130
Active participants112
Employer contributions$618,853
Employee contributions$1,095,882
Employer contribution per active participant$5,525
Average account balance$212,044
Benefits paid to participants$392,352
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$27.6M · 130 accts · $619K emplr
2023$22.7M · 132 accts · $672K emplr
2022$18.1M · 124 accts · $578K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,797
Investment management$54,670
Total administrative$57,467
The Signal Hill Petroleum, Inc. 401(k) match · 2024
Employer contribution per active participant$5,525
Median for plans this size$2,416
2024$5,525 per active participant
2023$6,588 per active participant
2022$6,494 per active participant

Signal Hill Petroleum, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
JOHN HANCOCK RETIREMENT PLAN SRVCS · Recordkeeping · Loan processing$2,797
MORGAN STANLEY · Investment advisory (plan)$54,670

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$57,467 · 0.23%
2023$45,541 · 0.22%
2022$45,864 · 0.22%
Same employer
Similar plansMining, Oil & Gas Extraction · California
Aera Energy Services Company CA$466.0M · 0.09%
M H Whittier Corporation CA$108.2M · 0.00%
P.W. Gillibrand Co., Inc. CA$25.2M · 0.31%
Oil Well Service Co. CA$22.1M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330034703 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.