Plan Snapshot
- Plan Sponsor: Kern Oil & Refining Company
- Sponsor EIN: 330011506
- Sponsor Address: 7724 E. PANAMA LANE, BAKERSFIELD, CA, 93307
- Plan Type: DC
- Total Participants: 189
- Total Assets: $16.3M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 189 | $16.3M | $945,480 | $0 |
| 2023 | 185 | $14.9M | $814,961 | $0 |
| 2022 | 167 | $12.1M | $748,014 | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| BARBICH HOOPER KING DILL HOFFMAN | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $42,638 | — | $42,638 | — | — |
| 2023 | $37,567 | — | $37,567 | — | — |
| 2022 | $23,863 | — | $23,863 | — | — |