Plan Ledger DOL Form 5500 · updated monthly

Sk Lubricants Americas, Inc.401(k)

SK LUBRICANTS AMERICAS, INC. 401(K) PROFIT SHARING PLAN & TRU · HOUSTON, TX · plan year 2023

Reported admin expense ratio · 2023
0.50%

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

Sk Lubricants Americas, Inc. reported $34,932 in plan administrative expenses for 2023: 0.50% of average plan assets, below the peer median. Employer contributions averaged $3,807 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 has held roughly steady near 0.50%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Texas (3,488th of 5,688), and 3,286th of 4,246 in wholesale trade. In 2023, employees put in $1.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,529,868
Participants with balances122
Active participants86
Employer contributions$327,429
Employee contributions$546,496
Employer contribution per active participant$3,807
Average account balance$61,720
Benefits paid to participants$1,301,763
Plan auditUnmodified (clean) audit opinion
AuditorKLICHS LLP
Plan history2
Yearassets · accounts · employer contribution
2023$7.5M · 122 accts · $327K emplr
2022$6.6M · 127 accts · $290K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$20,051
Investment management$14,881
Total administrative$34,932
The Sk Lubricants Americas, Inc. 401(k) match · 2023
Employer contribution per active participant$3,807
Median for plans this size$1,308
2023$3,807 per active participant
2022$3,715 per active participant

Sk Lubricants Americas, Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
ADP, INC. · Recordkeeping$20,051
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$14,880
ADP BROKER-DEALER · 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 history2
2023$34,932 · 0.50%
2022$36,294 · 0.49%
Similar plansWholesale Trade · Texas
Winzer Corporation TX$7.8M · 0.66%
Wiseda Corporation TX$7.7M · 0.67%
Grand Openings, Inc. TX$7.6M · 0.22%
Chem Tech Services, Inc. TX$7.6M · 0.95%
Longhorn, Inc. TX$7.4M · 0.66%
Fabriclean Supply, Inc. TX$7.4M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760539789 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.