Plan Ledger DOL Form 5500 · updated monthly

Walthall Oil Company401(k)

WALTHALL OIL COMPANY 401K PROFIT SHARING PLAN · MACON, GA · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Walthall Oil Company reported $43,889 in plan administrative expenses for 2024: 0.49% of average plan assets, below the peer median. Employer contributions averaged $2,085 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 0.59% to 0.49%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Georgia (1,268th of 2,160), and 2,943rd of 4,246 in wholesale trade. In 2024, employees put in $1.45 for every $1.00 the employer contributed; active participation has grown from 129 to 155 since 2022.

Plan summary
Net assets, end of year$9,793,047
Participants with balances110
Active participants155
Employer contributions$323,149
Employee contributions$470,129
Employer contribution per active participant$2,085
Average account balance$89,028
Benefits paid to participants$244,026
Plan auditUnmodified (clean) audit opinion
AuditorS.W. HALL & ASSOCIATES, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$9.8M · 110 accts · $323K emplr
2023$8.2M · 104 accts · $270K emplr
2022$5.9M · 100 accts · $243K emplr
Administrative expenses, itemized · 2024
Investment management$43,889
Total administrative$43,889
The Walthall Oil Company 401(k) match · 2024
Employer contribution per active participant$2,085
Median for plans this size$1,313
2024$2,085 per active participant
2023$1,899 per active participant
2022$1,883 per active participant

Walthall Oil Company's 2024 employer contribution ran above the $1,313 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
MERRILL LYNCH · Investment advisory (plan)$17,153
EMPOWER ADVISORY GROUP LLC · Investment management$13,825
PRECISION PLAN ADMINISTRATION · Contract administrator$250

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$43,889 · 0.49%
2023$39,159 · 0.55%
2022$31,976 · 0.59%
Same employer
Similar plansWholesale Trade · Georgia
Freedom Electronics LLC GA$10.4M · 0.06%
Gravotech, Inc. GA$10.2M · 0.44%
Mud Pie, LLC GA$10.0M · 0.55%
Cme Wire & Cable, Inc. GA$9.8M · 0.41%
Miura America Co. LTD. GA$9.7M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 580833472 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.