Plan Snapshot
- Plan Sponsor: Martin Oil Company
- Sponsor EIN: 251154607
- Sponsor Address: 528 NORTH FIRST STREET, BELLWOOD, PA, 16617
- Plan Type: 401(k)
- Total Participants: 262
- Total Assets: $6.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 262 | $6.7M | $48,959 | $275,238 |
| 2023 | 248 | $5.9M | $50,212 | $279,971 |
| 2022 | 254 | $5.5M | $42,760 | $265,270 |
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 |
|---|---|---|---|---|
| FIORE FELELE SNYDER CAROTHER, LLP | 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 | $2,170 | — | $2,000 | — | — |
| 2023 | $2,220 | — | $2,220 | — | — |
| 2022 | $2,800 | — | $2,800 | — | — |