Molo Petroleum 401(k) match, vesting and fees
What Molo Petroleum'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 | Merrill Lynch Pierce Fenner & Smith | Schedule C ↗ |
| Independent auditor | Wipfli LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 3,074 defined-contribution plans in wholesale trade with 100 to 499 participants.
| Molo Petroleum: employer contribution per participant | $800 | |
| Peer median | $1,988 |
| Molo Petroleum: average balance | $36,251 | |
| Peer median | $75,431 |
| Molo Petroleum: admin expenses ÷ assets | 0.52% | |
| 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 $8.7M at the end of plan year 2023 to $10M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 314 | $10M | $221K | $800 | 0.52% | Not published | Form 5500 ↗ |
| 2023 | 276 | $8.7M | $175K | $778 | 0.34% | Not published | Form 5500 ↗ |
Common questions
Does Molo Petroleum match 401(k) contributions?
The match terms for the Molo Petroleum LLC 401(k) Profit Sharing Plan have not been published from its filing yet. The plan year 2024 filing reports $221K in employer contributions, about $800 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Molo Petroleum 401(k) match vested?
The vesting schedule for the Molo Petroleum LLC 401(k) Profit Sharing Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Molo Petroleum 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Merrill Lynch Pierce Fenner & Smith. The plan administrator is Molo Petroleum, LLC.
I left Molo Petroleum. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Molo Petroleum, LLC, (563) 557-7540) or the recordkeeper, Merrill Lynch Pierce Fenner & Smith. The Molo Petroleum old 401(k) page lists the contacts from every plan filing. Find an old Molo Petroleum 401(k)
Data from the public Form 5500 annual reports Molo Petroleum filed with the U.S. Department of Labor (plan years 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 Molo Petroleum. Not financial advice. Report a correction · Methodology