Industry · Form 5500 business code 324190
Other Petroleum & Coal Products Mfg: retirement plans
Plans whose sponsor entered this principal business activity code on Form 5500.
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. The business code is chosen by the filer from the list in the Form 5500 instructions.
For plan year 2024, 57 retirement plans in other petroleum & coal products mfg with 100 or more participants filed Form 5500: 52 defined contribution and 5 defined benefit. They reported 66,604 participant records and $8.63B in net assets, counting every plan on the form.
The median defined contribution plan held $55,237 per participant, close to the national median of $53,031, and its employer put in $3,211 per active participant (national: $2,174). Among plans reporting Schedule C compensation the median was $135 per participant against $123 nationally.
Employers contributed $242M and participants $294M during the year, and the plans paid out $878M in benefits.
In 2009 the same group numbered 78 plans with $2.84B; by 2024 it was 57 plans (down 27%) and $8.63B (up 204%). From plan year 2023 the 100-participant line counts participants with account balances, which moved many plans to the short form.
Medians compared with all US plans
| Median plan, plan year 2024 | Industry: DC | US: DC | Industry: DB | US: DB |
|---|---|---|---|---|
| Net assets per participant | $55,237 | $53,031 | $78,552 | $86,234 |
| Employer contributions per active participant | $3,211 | $2,174 | $4,022 | $10,244 |
| Schedule C compensation per participant | $135 | $123 | $275 | $344 |
| Schedule C compensation, share of net assets | 0.26% | 0.26% | 0.40% | 0.42% |
| Administrative expenses per participant | $133 | $116 | $503 | $527 |
Medians across plans with 100 or more participants (50 DC and 5 DB plans with a Schedule H here). Fee medians cover plans reporting an amount. DC: defined contribution, such as 401(k) and 403(b). DB: defined benefit pension.
Distribution of DC plans
| Measure | 25th percentile | Median | 75th percentile | Plans |
|---|---|---|---|---|
| Net assets per participant | $32,635 | $55,237 | $124,375 | 50 |
| Employer contributions per active participant | $1,775 | $3,211 | $4,423 | 49 |
| Schedule C compensation per participant | $88.97 | $135 | $215 | 48 |
| Administrative expenses per participant | $66.69 | $133 | $214 | 49 |
Trend by plan year
| Plan year | Plans 100+ | Participants | Net assets | Employer contributions | Participant contributions | Median DC assets / participant | Median DC Sch. C / participant |
|---|---|---|---|---|---|---|---|
| 2024 | 57 | 66,604 | $8.63B | $242M | $294M | $55,237 | $135 |
| 2023 | 56 | 68,985 | $8.31B | $226M | $283M | $49,296 | $117 |
| 2022 | 64 | 66,809 | $7.29B | $204M | $257M | $48,091 | $134 |
| 2021 | 68 | 69,202 | $8.88B | $161M | $234M | $54,665 | $124 |
| 2020 | 70 | 71,980 | $7.95B | $165M | $222M | $50,399 | $104 |
| 2019 | 75 | 80,654 | $7.77B | $622M | $220M | $44,427 | $86.11 |
| 2018 | 79 | 82,642 | $6.40B | $159M | $214M | $35,097 | $74.40 |
| 2017 | 73 | 80,643 | $6.72B | $570M | $196M | $41,896 | $74.41 |
| 2016 | 75 | 80,855 | $5.64B | $267M | $194M | $40,488 | $65.72 |
| 2015 | 76 | 81,901 | $5.36B | $530M | $201M | $31,352 | $63.14 |
| 2014 | 79 | 83,375 | $5.03B | $231M | $192M | $27,836 | $45.25 |
| 2013 | 77 | 77,776 | $4.75B | $348M | $171M | $27,929 | $38.75 |
| 2012 | 75 | 72,402 | $3.96B | $207M | $157M | $23,401 | $43.86 |
| 2011 | 76 | 67,367 | $3.68B | $221M | $137M | $27,180 | $38.50 |
| 2010 | 79 | 63,955 | $3.35B | $123M | $124M | $27,237 | $31.70 |
| 2009 | 78 | 62,446 | $2.84B | $178M | $117M | $23,548 | $33.96 |
Plan year is the year in which the plan year began. The drop in large plans from 2023 follows a rule change: the 100-participant line now counts participants with account balances, so many plans moved to the short form.
Provider share
Service provider organisations named most often on the Schedule C of the 57 plans on this page's list, by number of plans. A plan usually names several providers.
Largest plans
The 40 largest by participants of 57 plans with a page on this site.
| Plan | Sponsor | State | Type | Participants | Net assets | Per participant | Employer / active | Sch. C / participant |
|---|---|---|---|---|---|---|---|---|
| Koch Employees' Savings Plan | Koch Companies, LLC | KS | DC | 18,027 | $4.34B | $240,566 | $10,655 | $56.24 |
| Koch Employees' Pension Plan | Koch Companies, LLC | KS | DB | 11,992 | $1.39B | $115,840 | — | $65.54 |
| Dunne Manning 401(k) Plan | Vuc Inc. | PA | DC | 3,417 | $38.6M | $11,310 | $470 | $57.74 |
| Heritage Group Retirement Savings Plan | Asphalt Materials, Inc. | IN | DC | 3,145 | $557M | $177,031 | $9,643 | $173 |
| Amspec, LLC Retirement Savings Plan | Amspec, LLC | NJ | DC | 2,347 | $104M | $44,339 | $2,468 | $115 |
| Danos, LLC 401(k) Retirement Plan | Danos, LLC | LA | DC | 2,290 | $59.9M | $26,161 | $436 | $114 |
| MRMC ESOP | Martin Resource Management Corporation | TX | DC | 1,796 | $74.2M | $41,296 | $7,643 | $21.09 |
| Valvoline Global Operations 401(k) Plan | VGP Holdings LLC | KY | DC | 1,462 | $282M | $192,602 | $7,667 | $201 |
| Ascentek Services, LLC 401(k) Plan | Ascentek Services LLC | MN | DC | 993 | $67.8M | $68,257 | $2,937 | $181 |
| Suncoke 401(k) Plan | Suncoke Energy, Inc. | IL | DC | 952 | $196M | $205,827 | $9,139 | $147 |
| Lewis Resource Management LLC 401(k) Plan | Lewis Resource Management, LLC | TX | DC | 873 | $43.4M | $49,766 | $3,288 | $89.09 |
| Offshore Energy Services 401(k) Profit Sharing Plan | Offshore Energy Services, LLC | LA | DC | 849 | $40.8M | $48,093 | $2,485 | $108 |
| World Oil Savings and Retirement Plan | World Oil Corp. | CA | DC | 843 | $64.3M | $76,244 | $1,833 | $88.62 |
| GR Energy 401(k) Plan | GR Energy Services MGT LP | TX | DC | 760 | $15.6M | $20,505 | $0 | $151 |
| Vopak North America Inc. Retirement Plan | Vopak North America Inc. | TX | DB | 728 | $134M | $184,069 | — | $541 |
| Reid 401(k) Profit Sharing & Retirement Plan | Reid Petroleum Corporation | NY | DC | 718 | $18.7M | $26,108 | $1,775 | $183 |
| Fox Plan/thrift | Fuchs Lubricants Co. | IL | DC | 717 | $91.8M | $128,085 | $4,423 | $42.62 |
| Koppers Inc. Savings Plan for Union Hourly Employees | Koppers Inc. | PA | DC | 703 | $39.1M | $55,617 | $3,392 | $90.86 |
| BG Products, Inc. Holding Company 401(k) Plan | BG Products, Inc. Holding Company | KS | DC | 689 | $48.3M | $70,096 | $4,026 | $214 |
| Flogistix, LP 401(k) Plan | Flogistix, LP | OK | DC | 643 | $21.1M | $32,787 | $3,147 | $217 |
| Nexgen Team, LLC 401(k) Plan | Nexgen Team, LLC | OR | DC | 626 | $23.8M | $37,996 | $860 | $115 |
| Freeport LNG 401(k) Plan | Freeport LNG Development, L.P. | TX | DC | 613 | $113M | $184,667 | $10,529 | $35.07 |
| Lucas Oil Products, Inc. 401(k) Plan | Lucas Oil Products, Inc. | IN | DC | 612 | $33.6M | $54,857 | $1,994 | $249 |
| Borusan Mannesmann 401(k) Plan | Borusan Mannesmann Pipe U.S., Inc. | TX | DC | 580 | $18.2M | $31,444 | $4,682 | $33.77 |
| Oxbow Consolidated Pension Plan | Oxbow Calcining LLC | FL | DB | 525 | $41.2M | $78,552 | — | — |
| Vopak North America Inc. Incentive Savings Plan | Vopak North America Inc. | TX | DC | 513 | $65.6M | $127,899 | $4,239 | $170 |
| Ascent Resources Management Services, LLC 401(k) Plan | Ascent Resources Management Services, LLC | OK | DC | 500 | $141M | $281,595 | $18,452 | $285 |
| Vault Pressure Control 401(k) Plan | Vault Pressure Control, LLC | TX | DC | 482 | $15.5M | $32,178 | $2,451 | $293 |
| Kaiser-Francis Oil Company Retirement Income Plan | Kaiser-Francis Oil Company | OK | DC | 475 | $116M | $243,950 | $4,695 | $19.28 |
| Tokai Carbon CB Ltd. 401(k) Plan | Tokai Carbon CB Ltd. | TX | DC | 471 | $66.3M | $140,853 | $16,653 | $197 |
| Smitty's Supply, Inc. 401(k) Plan | Smittys Supply, Inc. | LA | DC | 441 | $14.4M | $32,584 | $1,775 | $367 |
| Martin ESOP | Martin Resource Management Corp. | TX | DC | 401 | $11.8M | $29,321 | — | — |
| Alley-Cassetty Co., Inc. 401(k) Profit Sharing Plan | Alley-Cassetty Companies, Inc. | TN | DC | 375 | $14.0M | $37,212 | $493 | $125 |
| Shenango Incorporated Pension Plan | Shenango, LLC | MI | DB | 360 | $13.0M | $36,199 | — | $186 |
| VP Racing Fuels, Inc. Profit Sharing Retirement Plan | VP Racing Fuels, Inc. | TX | DC | 351 | $14.1M | $40,219 | $1,763 | $185 |
| Idemitsu Lubricants America Corporation 401(k) Savings Plan | Idemitsu Lubricants America Corporation | IN | DC | 338 | $34.3M | $101,544 | $3,976 | $333 |
| Conestoga Energy Partners LLC Employees Savings Trust | Conestoga Energy Partners LLC | KS | DC | 327 | $8.3M | $25,480 | $1,112 | $156 |
| Oxbow Calcining LLC Employees' Retirement and Savings Plan | Oxbow Calcining LLC | FL | DC | 311 | $29.3M | $94,289 | $4,936 | $29.35 |
| ZXP Technologies 401(k) Plan | ZXP Technologies, LLC | TX | DC | 283 | $5.3M | $18,710 | $882 | $104 |
| Craddock Oil Company, Inc. Profit Sharing Plan | Craddock Oil Company, Inc. | MS | DC | 280 | $6.2M | $22,029 | $1,061 | $192 |
By plan size
By state
Questions and answers
How many retirement plans are there in other petroleum & coal products mfg?
57 plans with 100 or more participants filed Form 5500 for plan year 2024, out of 77 pension plans on the full form. Smaller plans file Form 5500-SF and are counted separately where shown.
What is the typical 401(k) balance in other petroleum & coal products mfg?
The median defined contribution plan reported $55,237 in net assets per participant (middle half of plans: $32,635 to $124,375); nationally it was $53,031. This is a plan-level average that includes former employees, not a typical person's balance.
What do employers contribute in other petroleum & coal products mfg?
The median defined contribution plan received $3,211 in employer contributions per active participant, against $2,174 nationally. Plans with no employer contribution are included at zero.
What are average 401(k) fees in other petroleum & coal products mfg?
Among defined contribution plans that report any Schedule C compensation, the median was $135 per participant and 0.26% of net assets (nationally $123 and 0.26%). Schedule C leaves out fund expense ratios and fees the employer pays, so it understates total cost.
Where does this come from?
Form 5500 annual reports in the EBSA research files, with filings received through 24 Aug 2026. Medians are computed by this site across plans with 100 or more participants.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Totals count every pension plan on the full form; medians and the plan list cover plans with 100 or more participants. See the methodology.