Par Petroleum 401(k) match, vesting and fees
What Par 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 | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Armanino LLP (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 88 defined-contribution plans in utilities with 1,000 to 4,999 participants.
| Par Petroleum: employer contribution per participant | $8,895 | |
| Peer median | $5,211 |
| Par Petroleum: average balance | $156,610 | |
| Peer median | $181,622 |
| Par Petroleum: admin expenses ÷ assets | 0.12% | |
| Peer median | 0.08% |
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 $193M at the end of plan year 2021 to $248M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 2,037 | $248M | $14.1M | $8,895 | 0.12% | Not published | Form 5500 ↗ |
| 2023 | 2,116 | $203M | $11.1M | $7,185 | 0.12% | Not published | Form 5500 ↗ |
| 2022 | 1,595 | $159M | $5.1M | $4,563 | 0.11% | Not published | Form 5500 ↗ |
| 2021 | 1,533 | $193M | $3.1M | $2,700 | 0.12% | Not published | Form 5500 ↗ |
Other Par Petroleum plans (2)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
The Retirement Plan for Union Employees of U.S. Oil & Refining Co.
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 | John Hancock Retirement Plan Srvcs | Schedule C ↗ |
| Independent auditor | Sweeney Conrad, P.S. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Wyoming Refining Company Pension Plan
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 | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Armanino LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Frozen | Form 5500 ↗ |
Common questions
Does Par Petroleum match 401(k) contributions?
The match terms for the Par Petroleum LLC Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $14.1M in employer contributions, about $8,895 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Par Petroleum 401(k) match vested?
The vesting schedule for the Par Petroleum LLC Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Par Petroleum 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is Par Petroleum LLC.
I left Par Petroleum. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Par Petroleum LLC, (832) 916-3395) or the recordkeeper, Principal Life Insurance Company. The Par Petroleum old 401(k) page lists the contacts from every plan filing. Find an old Par Petroleum 401(k)
Data from the public Form 5500 annual reports Par Petroleum 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 Par Petroleum. Not financial advice. Report a correction · Methodology