Plan Ledger DOL Form 5500 · updated monthly

Standard Oil of Connecticut, Inc.401(k)

STANDARD OIL OF CONNECTICUT, INC. 401(K) PLAN · BRIDGEPORT, CT · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Standard Oil of Connecticut, Inc. reported $77,208 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $4,520 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 0.18% to 0.19%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 332nd-largest of 1,106 plans among Connecticut employers on file, and the 744th of 5,215 in retail trade. In 2024, employees put in $1.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$42,335,830
Participants with balances219
Active participants184
Employer contributions$831,632
Employee contributions$1,258,532
Employer contribution per active participant$4,520
Average account balance$193,314
Benefits paid to participants$1,898,119
Plan auditUnmodified (clean) audit opinion
AuditorBEERS, HAMERMAN, COHEN & BURGER, PC
Plan history3
Yearassets · accounts · employer contribution
2024$42.3M · 219 accts · $832K emplr
2023$37.1M · 212 accts · $812K emplr
2022$30.9M · 213 accts · $799K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$77,208
Total administrative$77,208
The Standard Oil of Connecticut, Inc. 401(k) match · 2024
Employer contribution per active participant$4,520
Median for plans this size$2,416
2024$4,520 per active participant
2023$4,537 per active participant
2022$4,413 per active participant

Standard Oil of Connecticut, 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$77,207
NORTHWESTERN MUTUAL INVESTMENT SERV · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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$77,208 · 0.19%
2023$64,639 · 0.19%
2022$63,105 · 0.18%
Same employer
Similar plansRetail Trade · Connecticut
Mbi, Inc. CT$111.4M
Ed Mitchell, Inc. CT$77.0M · 0.29%
Colony Hardware Corp. CT$63.9M · 0.32%
Sdi Stores, LLC CT$34.6M · 0.48%
Prrc, Inc. CT$31.9M · 0.11%
Santa Fuel, Inc. CT$30.0M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 060665104 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.