Plan Ledger DOL Form 5500 · updated monthly

United Petroleum Transports, Inc.401(k)

UNITED PETROLEUM TRANSPORTS, INC. EMPLOYEES SAVINGS PLAN · OKLAHOMA CITY, OK · plan year 2024

Reported admin expense ratio · 2024
0.65%

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

United Petroleum Transports, Inc. reported $47,131 in plan administrative expenses for 2024: 0.65% of average plan assets, above the peer median. Employer contributions averaged $311 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 fell from 0.75% to 0.65%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Oklahoma (455th of 724), and the 1,315th of 2,677 in transportation & warehousing. In 2024, employees put in $4.47 for every $1.00 the employer contributed; active participation has grown from 375 to 525 since 2022.

Plan summary
Net assets, end of year$7,739,078
Participants with balances335
Active participants525
Employer contributions$163,217
Employee contributions$729,876
Employer contribution per active participant$311
Average account balance$23,102
Benefits paid to participants$847,970
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.7M · 335 accts · $163K emplr
2023$6.8M · 264 accts · $145K emplr
2022$5.7M · 203 accts · $151K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,602
Investment management$19,529
Total administrative$47,131
The United Petroleum Transports, Inc. 401(k) match · 2024
Employer contribution per active participant$311
Median for plans this size$1,313
2024$311 per active participant
2023$292 per active participant
2022$403 per active participant

United Petroleum Transports, Inc.'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 · 20243
ARGENT RETIREMENT PLAN ADVISORS LLC · Investment advisory (plan)$15,667
EMPOWER ADVISORY GROUP, LLC · Investment management$3,862

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$47,131 · 0.65%
2023$38,847 · 0.62%
2022$49,947 · 0.75%
Same employer
Similar plansTransportation & Warehousing · Oklahoma
Tlley Trucking, LLC OK$10.1M · 0.73%
Lugreg Trucking, LLC OK$6.2M · 0.59%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 730749055 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.