Retirement plan

M M SATTERFIELD OIL COMPANY INC PROFIT SHARING AND 401K PLAN

Name: M M SATTERFIELD OIL COMPANY INC - M M SATTERFIELD OIL COMPANY INC PROFIT SHARING AND 401K PLAN (2024) Form 5500
Creator: M M SATTERFIELD OIL COMPANY INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, M M SATTERFIELD OIL COMPANY INC PROFIT SHARING AND 401K PLAN, M M SATTERFIELD OIL COMPANY INC

M M SATTERFIELD OIL COMPANY INCEIN 71-0335231Plan #001PY 2024

105 E ROBINS STREET - CONWAY, AR 72032501-327-7714satterfieldfuels.comLinkedIn1-10 employeesoil & energy

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$1M

+13.1% from 2023

Total participants

+1.9% from 2023

Average account balance

$20,509

+13.1% from 2023

Annual return

8.98%

-4.59 pp from 2023

Benchmarks

See 22,321 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort22,321 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$1.03M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$21K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

73.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$38K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+8.98%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$14

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2G2J2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.

Opportunity flags

1 tripped

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$723

$48 / participant

Other / not subdivided$723100.0%

% of EOY assets

0.071%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$20,509

$111,785-81.7%

$93,669-78.1%

$145,877-85.9%

Participation rate

73.3%

74.2%-0.9pp

68.7%+4.6pp

80.3%-7.0pp

Annual return

8.98%

203.79%-194.8pp

133.59%-124.6pp

551.28%-542.3pp

Employer contribution / active EE

$3,096-100.0%

$2,424-100.0%

$4,663-100.0%

Participant deferral / active EE

$2,562

$4,919-47.9%

$4,416-42.0%

$6,691-61.7%

Admin fee / account holder

$14

$10,256-99.9%

$8,291-99.8%

$13,402-99.9%

M M SATTERFIELD OIL COMPANY INC PROFIT SHARING AND 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

M M SATTERFIELD OIL COMPANY INC PROFIT SHARING AND 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion