Plan Snapshot
- Plan Sponsor: Waring Oil Company, LLC
- Sponsor EIN: 201752080
- Sponsor Address: 431 PORT TERMINAL CIRCLE PO BOX 66, VICKSBURG, MS, 39183
- Plan Type: 401(k)
- Total Participants: 150
- Total Assets: $16.7M
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 | 150 | $16.7M | $373,348 | $735,294 |
| 2023 | 147 | $15.1M | $356,169 | $718,218 |
| 2022 | 151 | $13.1M | $328,157 | $653,937 |
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 |
|---|---|---|---|---|
| MAY AND COMPANY, 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 | $78,438 | $46,750 | — | — | — |
| 2023 | $69,662 | $37,000 | — | — | — |
| 2022 | $69,490 | $42,415 | $27,075 | — | — |