Major Brands Oil 401(k) match, vesting and fees
What Major Brands Oil's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Kdp Retirement Plan Services, Inc. | Schedule C ↗ |
| Independent auditor | Hungerford (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 2,561 defined-contribution plans in other services with 100 to 499 participants.
| Major Brands Oil: employer contribution per participant | $1,953 | |
| Peer median | $1,803 |
| Major Brands Oil: average balance | $49,968 | |
| Peer median | $48,934 |
| Major Brands Oil: admin expenses ÷ assets | 0.44% | |
| Peer median | 0.31% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $2.6M at the end of plan year 2021 to $5.3M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 211 | $5.3M | $209K | $1,953 | 0.44% | Not published | Form 5500 ↗ |
| 2023 | 198 | $4.4M | $196K | $1,834 | 0.48% | Not published | Form 5500 ↗ |
| 2022 | 181 | $3.4M | $178K | $1,505 | 0.48% | Not published | Form 5500 ↗ |
| 2021 | 138 | $2.6M | $156K | $1,674 | 0.58% | Not published | Form 5500 ↗ |
Common questions
Does Major Brands Oil match 401(k) contributions?
The match terms for the Major Brands Oil Company, Inc. 401(k) Salary Reduction Plan & Trust have not been published from its filing yet. The plan year 2024 filing reports $209K in employer contributions, about $1,953 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Major Brands Oil 401(k) match vested?
The vesting schedule for the Major Brands Oil Company, Inc. 401(k) Salary Reduction Plan & Trust is not in the data published so far. Your Summary Plan Description states it.
Who manages the Major Brands Oil 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Kdp Retirement Plan Services, Inc.. The plan administrator is Major Brands Oil Company, Inc..
I left Major Brands Oil. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Major Brands Oil Company, Inc., (616) 392-5936) or the recordkeeper, Kdp Retirement Plan Services, Inc.. The Major Brands Oil old 401(k) page lists the contacts from every plan filing. Find an old Major Brands Oil 401(k)
Data from the public Form 5500 annual reports Major Brands Oil filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Major Brands Oil. Not financial advice. Report a correction · Methodology