Plan Ledger DOL Form 5500 · updated monthly

United Refining Company401(k)

UNITED REFINING COMPANY INCENTIVE SAVINGS PLAN FOR SALARIED EMPLOYEES · WARREN, PA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

United Refining Company reported $59,110 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $4,034 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 0.05% to 0.07%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 508th-largest of 3,651 plans among Pennsylvania employers on file, and the 2,037th of 13,661 in manufacturing. In 2024, employees put in $1.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$90,592,884
Participants with balances527
Active participants503
Employer contributions$2,029,025
Employee contributions$3,326,442
Employer contribution per active participant$4,034
Average account balance$171,903
Benefits paid to participants$9,480,363
Plan auditUnmodified (clean) audit opinion
AuditorLVBW, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$90.6M · 527 accts · $2.0M emplr
2023$75.3M · 522 accts · $1.9M emplr
2022$66.2M · 515 accts · $1.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,841
Investment management$39,469
Audit (IQPA)$16,800
Total administrative$59,110
The United Refining Company 401(k) match · 2024
Employer contribution per active participant$4,034
Median for plans this size$3,635
2024$4,034 per active participant
2023$3,843 per active participant
2022$3,750 per active participant

United Refining Company's 2024 employer contribution ran above 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
WILLIS TOWERS WATSON DELAWARE INC.$21,137
WILLIS TOWERS WATSON US LLC$18,332
LVBW, LLP$16,800

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$59,110 · 0.07%
2023$17,283 · 0.02%
2022$34,427 · 0.05%
All plans at this employer2
UNITED REFINING COMPANY INCENTIVE SAVINGS PLAN FOR SALARIED EMPLOYEES401(k)
UNITED REFINING COMPANY INCENTIVE SAVINGS PLAN FOR HOURLY EMPLOYEES401(k)
Same employer
Similar plansManufacturing · Pennsylvania
Sofidel America Corp. PA$94.8M · 0.00%
Eriez Manufacturing Co. PA$94.7M · 0.22%
Gentex Corporation PA$93.7M · 0.20%
Akorn Operating Company LLC PA$91.6M · 0.03%
Fry Communications, Inc. PA$87.6M · 0.19%
Spectrum Control, Inc. PA$86.9M · 0.18%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 251411751 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.