Plan Ledger DOL Form 5500 · updated monthly

United Refining Company of Pennsylvania401(k)

UNITED REFINING COMPANY OF PA INCENTIVE SAVINGS PLAN · WARREN, PA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

United Refining Company of Pennsylvania reported $8,720 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $202 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 0.13% to 0.08%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Pennsylvania (2,081st of 3,651), and 7,946th of 13,661 in manufacturing. In 2024, employees put in $2.53 for every $1.00 the employer contributed; active participation has grown from 1,545 to 2,471 since 2022.

Plan summary
Net assets, end of year$12,260,100
Participants with balances1,654
Active participants2,471
Employer contributions$498,331
Employee contributions$1,261,920
Employer contribution per active participant$202
Average account balance$7,412
Benefits paid to participants$1,131,940
Plan auditUnmodified (clean) audit opinion
AuditorLVBW, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$12.3M · 1,654 accts · $498K emplr
2023$10.3M · 1,414 accts · $474K emplr
2022$8.5M · 1,263 accts · $426K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,720
Total administrative$8,720
The United Refining Company of Pennsylvania 401(k) match · 2024
Employer contribution per active participant$202
Median for plans this size$2,416
2024$202 per active participant
2023$273 per active participant
2022$275 per active participant

United Refining Company of Pennsylvania's 2024 employer contribution ran below the $2,416 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 · 20241

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$8,720 · 0.08%
2023$10,651 · 0.11%
2022$11,909 · 0.13%
Similar plansManufacturing · Pennsylvania
Vorteq Coil Finishers, LLC PA$12.7M · 0.74%
Phoenix Tube Company, Inc. PA$12.7M · 0.31%
Ward Manufacturing, LLC PA$12.5M · 0.37%
Custom Engineering Company PA$12.2M · 0.37%
Astrobotic Technology, Inc. PA$12.2M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 250850960 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.