Plan Snapshot
- Plan Sponsor: Williams Oil Company, INC.
- Sponsor EIN: 231863615
- Sponsor Address: 6221 MILE LANE ROAD, SAYRE, PA, 18840
- Plan Type: 401(k)
- Total Participants: 1,204
- Total Assets: $21.5M
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 | 1,204 | $21.5M | $764,918 | $1.5M |
| 2023 | 934 | $18.8M | $700,588 | $1.3M |
| 2022 | 1,006 | $16.3M | $692,467 | $1.3M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $46,974 | — | $46,974 |
| RBC WEALTH MANAGEMENT | ADVISOR | $37,540 | — | $37,540 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $5,093 | — | $5,093 |
| MENGEL, METZGER, BARR & CO., LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- RBC WEALTH MANAGEMENT — ADVISOR
- STRATEGIC ADVISORS, INC. — ADVISOR
- MENGEL, METZGER, BARR & CO., LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $89,607
- Estimated Expense Ratio: 0.417% of plan assets
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 | $89,607 | $42,633 | — | — | — |
| 2023 | $74,787 | $36,805 | $300 | — | — |
| 2022 | $59,833 | $44,367 | — | — | — |