Plan Ledger DOL Form 5500 · updated monthly

Worthington Oil and Gas Corp.401(k)

CAL WORTHINGTON 401(K) EMPLOYEE SAVINGS AND RETIREMENT PLAN · OCEAN SIDE, CA · plan year 2022

Reported admin expense ratio · 2022
0.02%

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

Worthington Oil and Gas Corp. reported $1,742 in plan administrative expenses for 2022: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in California (6,044th of 9,483), and 3,067th of 5,215 in retail trade. In 2022, employees put in $1733.82 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,897,711
Participants with balances131
Active participants83
Employer contributions$250
Employee contributions$433,455
Employer contribution per active participant$3
Average account balance$60,288
Benefits paid to participants$136,115
Plan auditDisclaimer of opinion
AuditorKOBAYASHI & COMPANY
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$7.9M · 131 accts · $250 emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$1,142
Total administrative$1,742
The Worthington Oil and Gas Corp. 401(k) match · 2022
Employer contribution per active participant$3
Median for plans this size$1,114

Worthington Oil and Gas Corp.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$1,742 · 0.02%
Similar plansRetail Trade · California
Puente Hills Hyundai, LLC CA$8.0M · 0.29%
Skybox Security, Inc. CA$8.0M · 0.04%
Everlane, Inc. CA$8.0M · 0.85%
Stella & Dot, LLC CA$7.9M · 0.46%
Forma Brands, LLC CA$7.9M · 0.54%
Rp Automotive II, Inc. CA$7.9M · 0.85%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952370144 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.