Warrenton Oil Company, Inc. 401(k) Review & Grade
Warrenton Oil Company, Inc. 401(k) Profit Sharing Plan
Truesdale, MORetail Trade540 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,122Employer $ per active participant
$1,613Employee $ saved per active participant
0.52%Direct admin cost, % of plan assets
$17.8MNet plan assets, end of year
$44,835Average balance per account
Score breakdown
- Employer generosity33.1 / 5066th percentile for employer $ per participant
- Low cost5.5 / 2522th percentile for low admin cost vs. same-size plans
- Employee saving3.9 / 1526th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
Total score43 / 100 · Grade D
This plan vs. peers
Peers: Retail Trade plans with 500–2,499 active participants (719 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 66th |
| Lower admin cost | 22th |
| Employee saving | 26th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Warrenton Oil Company put in about $1,122 per active participant, more than the typical peer ($743). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.52% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $606,442 |
| Participant (employee) contributions | $871,952 |
| Other contributions (incl. rollovers in) | – |
| Administrative expenses paid from the plan | $88,386 |
| Contract administrator fees | $88,386 |
| Benefits paid out | $1,499,786 |
| Net assets, start / end of year | $16.2M / $17.8M |
| Active participants, start / end of year | 581 / 500 |
| Participants with account balances | 398 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | SFW Partners, LLC |
Largest service providers (Schedule C)
| Edward D. Jones & Co, L.P. | $66,035 reported compensation |
| Ascensus | $14,623 reported compensation |
| Marcum LLP | $4,120 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015135329NAL0004736737001, received 2025-10-15, EIN 43-0793241, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.