Plan Ledger DOL Form 5500 · updated monthly

Texas Petroleum Group, LLC401(k)

TEXAS PETROLEUM GROUP, LLC 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Texas Petroleum Group, LLC reported $28,767 in plan administrative expenses for 2024: 0.32% of average plan assets, below the peer median. Employer contributions averaged $295 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 1 year on file its reported administrative ratio rose from 0.07% to 0.32%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Texas (3,172nd of 5,688), and 2,787th of 5,215 in retail trade. In 2024, employees put in $2.86 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,267,696
Participants with balances314
Active participants1,262
Employer contributions$371,991
Employee contributions$1,065,694
Employer contribution per active participant$295
Average account balance$29,515
Benefits paid to participants$2,043,733
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$9.3M · 314 accts · $372K emplr
2023$8.8M · 350 accts · $160K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,142
Investment management$14,625
Total administrative$28,767
The Texas Petroleum Group, LLC 401(k) match · 2024
Employer contribution per active participant$295
Median for plans this size$1,313
2024$295 per active participant
2023$146 per active participant

Texas Petroleum Group, LLC's 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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
LPL FINANCIAL CORPORATION RPCP · Recordkeeping · Trustee$14,624
ADP, INC. · Loan processing · Recordkeeping$14,142

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

Recordkeeper by year2
2024ADP, LPL Financial
2023ADP

This plan has changed recordkeepers within these filings. If you left Texas Petroleum Group, LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$28,767 · 0.32%
2023$5,844 · 0.07%
Similar plansRetail Trade · Texas
Alamo City Motors Inc TX$9.3M · 0.08%
McCourt Equipment TX$9.3M · 0.76%
Hull Supply Company, Inc TX$9.3M · 0.04%
McCraw Oil/Kwik Chek TX$9.1M · 0.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262459491 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.