Plan Ledger DOL Form 5500 · updated monthly

Southern Counties Lubricants, LLC401(k)

SOUTHERN COUNTIES LUBRICANTS, LLC 401(K) PLAN · ORANGE, CA · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Southern Counties Lubricants, LLC reported $56,407 in plan administrative expenses for 2024: 0.59% of average plan assets, above the peer median. Employer contributions averaged $3,156 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 0.20% to 0.59%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in California (5,271st of 9,483), and 2,824th of 4,246 in wholesale trade. In 2024, employees put in $1.78 for every $1.00 the employer contributed; active participation has grown from 114 to 132 since 2022.

Plan summary
Net assets, end of year$10,710,883
Participants with balances142
Active participants132
Employer contributions$416,642
Employee contributions$742,797
Employer contribution per active participant$3,156
Average account balance$75,429
Benefits paid to participants$223,119
Plan auditUnmodified (clean) audit opinion
AuditorPKC KUEBLER, APC
Plan history3
Yearassets · accounts · employer contribution
2024$10.7M · 142 accts · $417K emplr
2023$8.6M · 131 accts · $169K emplr
2022$6.9M · 131 accts · $147K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$56,407
Total administrative$56,407
The Southern Counties Lubricants, LLC 401(k) match · 2024
Employer contribution per active participant$3,156
Median for plans this size$1,313
2024$3,156 per active participant
2023$1,385 per active participant
2022$1,287 per active participant

Southern Counties Lubricants, LLC's 2024 employer contribution ran above the $1,313 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 · 20244
MORGAN STANLEY · Investment advisory (plan)$30,580
ECONOMIC GROUP PENSION SERVICES · Contract administrator$17,425
ENVESTNET RETIREMENT SOLUTIONS, LLC$1,232

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

Administrative cost history3
2024$56,407 · 0.59%
2023$15,890 · 0.21%
2022$14,562 · 0.20%
Same employer
Similar plansWholesale Trade · California
Stone Distributing Company CA$11.1M · 0.13%
Turf Star, Inc. CA$10.9M · 0.01%
Mechanix Wear, LLC CA$10.8M · 0.37%
Pch International USA, Inc. CA$10.7M · 0.21%
Packaging Matters, LLC CA$10.4M · 0.63%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911874721 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.