Department of Labor filing

BURNETT OIL CO., INC. AND AFFILIATES

BURNETT OIL CO., INC. AND AFFILIATES 401(K) PLAN · For the plan year ended Dec 31, 2024

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Public filing 2024 · received Oct 13, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

49filing comparison
out of 100

The filing looks broadly typical among comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support

$8,471

Reported employer contributions per active participant.

Higher than about 55% of comparable plans

#People in the filing

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$193 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 33% of comparable plans

↗Investment performance

Not available

Plan assets changed 0.4%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202449out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions55th percentileTypical peer $8,291 · based on 20 comparable plans

Lower reported administrative expense33rd percentileTypical peer $116 · based on 21 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, BURNETT OIL CO., INC. AND AFFILIATES reported $465,920 in employer contributions across the plan and 55 active participants. That works out to $8,471 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy55%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendDown 28.9%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 41.6%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context49/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $465,920
Participant contributions: $693,019
Other contributions: $0
Employer share of reported contributions: 40.2%
Beginning assets: $23,499,709
Ending assets: $23,582,522
Ending net assets: $23,582,522
Ending liabilities: $0
Total income: $3,938,702
Total expenses: $3,855,889
Administrative expenses: $20,793
Participant loans: $0

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$11,919

2023

$9,238

2024

$8,471

Plan-paid administrative expenses per participant

2022

$136

2023

$86

2024

$193

Active participants

2022

2023

2024

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$8,471	55	23.6M	20251013143724NAL0003293938001
2023	$9,238	53	23.5M	20241010085341NAL0040214162001
2022	$11,919	60	25.7M	20231016140510NAL0025011251001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 0.0%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 751691478-002

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jan 1, 1993
Industry: Mining, quarrying, and oil and gas
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2F2G2J2K2T3D3H

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

Provider	Plan year	Direct compensation	Indirect compensation
FIDELITY INVESTMENTS INSTITUTIONAL	2024	Not reported	unknown

Current plan terms

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Filing ACK_ID20251013143724NAL0003293938001

Data sourceDOL Form 5500 bulk data ↗

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