Industry · Form 5500 business code 447100
Gasoline Stations (including convenience stores with gas): 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.
112 retirement plans in gasoline stations (including convenience stores with gas) with 100 or more participants filed Form 5500 for plan year 2024 (110 defined contribution, 2 defined benefit). All Form 5500 pension filers in the group reported 358,046 participant records and $5.78B in net assets.
The median defined contribution plan held $18,576 per participant, well below the national median of $53,031, and its employer put in $734 per active participant (national: $2,174). Among plans reporting Schedule C compensation the median was $69.96 per participant against $123 nationally.
Employers contributed $256M and participants $397M during the year, and the plans paid out $635M in benefits.
In 2009 the same group numbered 162 plans with $1.17B; by 2024 it was 112 plans (down 31%) and $5.78B (up 395%). 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 | $18,576 | $53,031 | $22,370 | $86,234 |
| Employer contributions per active participant | $734 | $2,174 | $7,945 | $10,244 |
| Schedule C compensation per participant | $69.96 | $123 | $101 | $344 |
| Schedule C compensation, share of net assets | 0.42% | 0.26% | 0.51% | 0.42% |
| Administrative expenses per participant | $71.69 | $116 | $295 | $527 |
Medians across plans with 100 or more participants (103 DC and 2 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 | $10,826 | $18,576 | $30,716 | 103 |
| Employer contributions per active participant | $345 | $734 | $1,377 | 99 |
| Schedule C compensation per participant | $31.91 | $69.96 | $127 | 96 |
| Administrative expenses per participant | $25.49 | $71.69 | $117 | 99 |
Trend by plan year
| Plan year | Plans 100+ | Participants | Net assets | Employer contributions | Participant contributions | Median DC assets / participant | Median DC Sch. C / participant |
|---|---|---|---|---|---|---|---|
| 2025partial | 18 | 45,528 | $799M | $40.3M | $59.0M | $20,424 | $71.99 |
| 2024 | 112 | 358,046 | $5.78B | $256M | $397M | $18,576 | $69.96 |
| 2023 | 112 | 300,418 | $4.67B | $202M | $329M | $19,923 | $67.33 |
| 2022 | 143 | 290,864 | $4.01B | $263M | $301M | $16,515 | $52.86 |
| 2021 | 141 | 262,315 | $4.30B | $167M | $265M | $19,976 | $50.70 |
| 2020 | 154 | 278,396 | $4.11B | $150M | $236M | $17,845 | $48.05 |
| 2019 | 146 | 274,659 | $3.70B | $128M | $212M | $16,441 | $43.17 |
| 2018 | 143 | 252,250 | $2.87B | $131M | $196M | $14,574 | $44.54 |
| 2017 | 141 | 217,047 | $3.14B | $137M | $186M | $16,808 | $41.98 |
| 2016 | 143 | 222,693 | $2.95B | $102M | $166M | $15,008 | $38.38 |
| 2015 | 142 | 199,939 | $2.72B | $136M | $170M | $13,405 | $39.78 |
| 2014 | 156 | 175,170 | $2.27B | $94.6M | $114M | $13,409 | $34.56 |
| 2013 | 158 | 174,762 | $2.33B | $99.7M | $108M | $13,328 | $25.60 |
| 2012 | 157 | 158,924 | $1.64B | $68.5M | $90.9M | $12,165 | $32.73 |
| 2011 | 160 | 156,598 | $1.40B | $69.0M | $84.7M | $10,062 | $28.46 |
| 2010 | 164 | 151,486 | $1.33B | $51.0M | $76.4M | $10,466 | $34.95 |
| 2009 | 162 | 157,584 | $1.17B | $53.3M | $75.9M | $8,631 | $29.84 |
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 110 plans on this page's list, by number of plans. A plan usually names several providers.
Largest plans
The 40 largest by participants of 110 plans with a page on this site.
| Plan | Sponsor | State | Type | Participants | Net assets | Per participant | Employer / active | Sch. C / participant |
|---|---|---|---|---|---|---|---|---|
| Circle K Retirement Plan | The Circle K Retirement Plan | AZ | DC | 75,362 | $506M | $6,713 | $106 | $12.95 |
| Casey's General Stores 401(k) Plan | Casey's General Stores Inc. | IA | DC | 38,025 | $514M | $13,527 | $440 | $17.89 |
| Love's and Affiliated Companies 401(k) Savings Plan | Love's Travel Stops & Country Stores, Inc. | OK | DC | 32,514 | $540M | $16,610 | $967 | $22.32 |
| Pilot Travel Centers LLC 401(k) Plan | Pilot Travel Centers LLC | TN | DC | 32,237 | $507M | $15,724 | $755 | $30.47 |
| Kwik Trip Profit Sharing 401(k) Plan | Kwik Trip, Inc. | WI | DC | 30,738 | $1.11B | $36,238 | $2,196 | $57.55 |
| Ta Operating LLC 401(k) Savings Plan | Ta Operating LLC | OH | DC | 18,350 | $183M | $9,978 | $146 | $41.29 |
| Murphy USA Inc. Savings Plan | Murphy USA Inc. | AR | DC | 17,395 | $358M | $20,597 | $1,367 | $2.57 |
| Applegreen US Retirement Plan | Applegreen Companies | SC | DC | 11,547 | $20.3M | $1,754 | $135 | $12.86 |
| Racetrac, Inc. 401(k) Plan | Racetrac, Inc. | GA | DC | 10,082 | $157M | $15,552 | $626 | $22.04 |
| Company Savings Plan | Buc-Ee's, Ltd. | TX | DC | 6,521 | $70.8M | $10,859 | $1,639 | $41.81 |
| Town Pump, Et Al 401(k) Plan | Town Pump, Et Al | MT | DC | 5,192 | $106M | $20,424 | $1,074 | $38.95 |
| Delek US 401(k) Plan | Delek US Holdings, Inc. | TN | DC | 4,653 | $392M | $84,277 | $7,666 | $88.31 |
| The Jackson Companies 401(k) Profit Sharing Plan | Jacksons Food Stores, Inc. | ID | DC | 4,453 | $50.7M | $11,385 | $628 | $32.23 |
| Chevron Stations Inc. Thrift Plan | Chevron Stations Inc. | CA | DC | 4,398 | $46.6M | $10,600 | $357 | $4.78 |
| Speedway Retirement Plan | Marathon Petroleum Company LP | OH | DB | 4,262 | $124M | $29,017 | — | $90.66 |
| United Pacific 401(k) Plan | CF United LLC | CA | DC | 2,871 | $25.2M | $8,791 | $401 | $10.56 |
| Martin & Bayley, Inc. 401(k) Plan | Martin & Bayley, Inc. | IL | DC | 2,669 | $8.1M | $3,044 | $81 | $45.36 |
| Hassan & Sons 401(k) Plan | Hassan & Sons, Inc. | CA | DC | 2,541 | $9.6M | $3,767 | $358 | $35.59 |
| Refuel 401(k) Plan | Refuel Operating Company, LLC | SC | DC | 2,443 | $7.6M | $3,116 | $328 | $22.01 |
| Tetco, Inc. Employees' Savings Plan | Tetco, Inc. | TX | DC | 2,250 | $24.2M | $10,740 | $356 | $48.86 |
| Jay Petroleum Inc. Employee Stock Ownership Plan | Jay Petroleum, Inc. | IN | DC | 1,809 | $28.7M | $15,889 | $1,358 | — |
| Wesco, Inc. Great Associate Savings | Wesco, Inc. | MI | DC | 1,775 | $33.4M | $18,806 | $217 | $122 |
| Stark Properties Inc. Deferred Salary PSP | Stark Properties Inc. | GA | DC | 1,607 | $25.0M | $15,542 | $1,397 | $5.28 |
| Thi Retirement Savings Plan | Terrible Herbst, Inc. | NV | DC | 1,564 | $8.0M | $5,105 | $108 | $0.03 |
| G & M Oil Co., Inc. Retirement Savings Plan | G & M Oil Co., Inc. | CA | DC | 1,507 | $20.2M | $13,431 | $274 | $164 |
| Texas Petroleum Group, LLC 401(k) Plan | Texas Petroleum Group, LLC | TX | DC | 1,321 | $9.3M | $7,016 | $295 | $21.78 |
| H.S. Swann, James W. Wills, Jr. Employees' Value Sharing Opportunity Plan | The Wills Group, Inc. | MD | DC | 1,301 | $45.8M | $35,223 | $3,187 | $33.00 |
| Sunoco Retail Store 401(k) Plan | Sunoco GP LLC | TX | DC | 1,279 | $26.3M | $20,524 | — | — |
| The Spinx Company, Inc. 401(k) Retirement Savings Plan | The Spinx Company, Inc. | SC | DC | 1,194 | $39.3M | $32,919 | $2,654 | $190 |
| The Campbell Oil Company 401(k) Plan | Campbell Oil Company, Inc. | OH | DC | 1,170 | $31.0M | $26,519 | $1,665 | $74.10 |
| Newcomb Oil Co., LLC Profit Sharing and 401(k) Savings Plan | Newcomb Oil Co., LLC | KY | DC | 1,113 | $33.0M | $29,623 | $749 | $143 |
| Bosselman Employee Retirement Plan | Bosselman Administrative Services, Inc. | NE | DC | 1,109 | $16.2M | $14,649 | $382 | $73.41 |
| Martin & Bayley, Inc. Employee Stock Ownership Plan and Trust | Martin & Bayley, Inc. | IL | DC | 1,104 | $121M | $109,196 | $2,149 | $13.82 |
| Oncue 401(k) Retirement Plan | Oncue Marketing, LLC | OK | DC | 1,035 | $6.7M | $6,434 | $344 | $111 |
| Truenorth 401(k) Plan | True North Management, LLC | OH | DC | 1,023 | $30.1M | $29,463 | $1,888 | $133 |
| McCraw Oil/kwik Chek 401(k) Plan | McCraw Oil/kwik Chek | TX | DC | 1,010 | $9.1M | $8,967 | $344 | $48.01 |
| Country Fair, Inc. 401(k) Retirement Savings Plan for Hourly Store Employees | Country Fair, Inc. | PA | DC | 996 | $1.3M | $1,281 | $0 | $4.18 |
| Wallis Companies 401(k) Plan | Wallis Companies | MO | DC | 990 | $40.8M | $41,225 | $1,679 | $178 |
| Road Ranger, LLC 401(k) Plan | Road Ranger, LLC | IL | DC | 975 | $2.7M | $2,735 | $364 | $50.72 |
| Sapp Bros., Inc. Retirement Plan | Sapp Bros., Inc. | NE | DC | 961 | $34.8M | $36,184 | $1,012 | $160 |
By plan size
By state
Questions and answers
How many retirement plans are there in gasoline stations (including convenience stores with gas)?
112 plans with 100 or more participants filed Form 5500 for plan year 2024, out of 197 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 gasoline stations (including convenience stores with gas)?
The median defined contribution plan reported $18,576 in net assets per participant (middle half of plans: $10,826 to $30,716); 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 gasoline stations (including convenience stores with gas)?
The median defined contribution plan received $734 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 gasoline stations (including convenience stores with gas)?
Among defined contribution plans that report any Schedule C compensation, the median was $69.96 per participant and 0.42% 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.