Plan Ledger DOL Form 5500 · updated monthly

Standard Sales Company, L.P.401(k)

STANDARD SALES COMPANY, L.P. 401(K) PLAN · ODESSA, TX · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Standard Sales Company, L.P. reported $45,910 in plan administrative expenses for 2024: 0.09% of average plan assets, below the peer median. Employer contributions averaged $2,284 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 0.089%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other wholesale trade employers. By assets it is the 988th-largest of 5,688 plans among Texas employers on file, and the 736th of 4,246 in wholesale trade. In 2024, employees put in $2.10 for every $1.00 the employer contributed; active participation has grown from 456 to 548 since 2022.

Plan summary
Net assets, end of year$55,011,482
Participants with balances877
Active participants548
Employer contributions$1,251,477
Employee contributions$2,629,826
Employer contribution per active participant$2,284
Average account balance$62,727
Benefits paid to participants$3,914,564
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$55.0M · 877 accts · $1.3M emplr
2023$48.4M · 849 accts · $1.3M emplr
2022$40.2M · 844 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Investment management$63,846
Audit (IQPA)$18,550
Total administrative$45,910
The Standard Sales Company, L.P. 401(k) match · 2024
Employer contribution per active participant$2,284
Median for plans this size$3,635
2024$2,284 per active participant
2023$2,597 per active participant
2022$2,601 per active participant

Standard Sales Company, L.P.'s 2024 employer contribution ran below the $3,635 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 · 20244
LPL FINANCIAL - RP · Investment advisory (plan)$63,846
WHITLEY PENN · Accounting / audit$18,550
ZIONS BANCORPORATION NAindirect comp
FIDELITY WORKPLACE SERVICES LLC · Plan administrator · Trustee (discretionary)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$45,910 · 0.09%
2023$30,416 · 0.07%
2022$38,987 · 0.09%
Same employer
Similar plansWholesale Trade · Texas
Womack Group, LLC TX$59.2M · 0.29%
Yeti Holdings, Inc. TX$58.4M · 0.27%
Purvis Industries, LLC TX$55.5M · 0.21%
Gsc Enterprises, Inc TX$55.1M · 0.42%
Refined Technologies, Inc. TX$53.9M · 0.26%
Tauber Oil Company TX$52.5M · 0.05%
Continental Battery Company TX$51.7M · 0.25%
Affiliated Foods, Inc. TX$50.4M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 750875143 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.