Department of Labor filing

QUALITY OIL COMPANY, LLC

QUALITY OIL COMPANY 401(K) AND PROFIT SHARING PLAN · For the plan year ended Dec 31, 2024

Public filing 2024 · received Oct 3, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

80filing comparison
out of 100

The filing signals stronger employer support and/or lower plan-paid administrative costs than many comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support

$4,698

Reported employer contributions per active participant.

Higher than about 87% of comparable plans

#People in the filing

1,199

Active participants reported for 2024.

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

¢Visible plan-paid fees

$92 / participant

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

Lower cost than about 63% of comparable plans

↗Investment performance

Not available

Plan assets changed 13.6%, 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 · 202480out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions87th percentileTypical peer $1,543 · based on 218 comparable plans

Lower reported administrative expense63rd percentileTypical peer $113 · based on 222 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, QUALITY OIL COMPANY, LLC reported $5,633,377 in employer contributions across the plan and 1,199 active participants. That works out to $4,698 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 proxy68%

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 trendUp 27.9%

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

Expense trendUp 19.2%

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

Peer context80/100

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: $5,633,377
Participant contributions: $2,303,962
Other contributions: $179,853
Employer share of reported contributions: 71.0%
Beginning assets: $61,859,193
Ending assets: $70,262,778
Ending net assets: $70,262,778
Ending liabilities: $0
Total income: $15,776,483
Total expenses: $7,372,898
Administrative expenses: $184,508
Participant loans: Not reported

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

$3,673

2023

$4,082

2024

$4,698

Plan-paid administrative expenses per participant

2022

$78

2023

$78

2024

$92

Active participants

2022

1,200

2023

1,175

2024

1,199

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$4,698	1,199	70.3M	20251003075018NAL0002895346001
2023	$4,082	1,175	61.9M	20240729100639NAL0031818560001
2022	$3,673	1,200	53M	20240517123631NAL0062416304001

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: Not stated in the filing
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 560369080-002

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jul 1, 1967
Industry: Wholesale trade
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2G2J2K2S2T3D

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
PRINCIPAL LIFE INSURANCE COMPANY	2024	Not reported	unknown

Current plan terms

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Filing ACK_ID20251003075018NAL0002895346001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗