Coen Oil Company, LLC 401(k) Review & Grade
Coen Oil Company 401(k) Plan
Canonsburg, PAWholesale Trade648 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$464Employer $ per active participant
$2,835Employee $ saved per active participant
0.47%Direct admin cost, % of plan assets
$11.0MNet plan assets, end of year
$13,816Average balance per account
Score breakdown
- Employer generosity4.2 / 508th percentile for employer $ per participant
- Low cost6.3 / 2525th percentile for low admin cost vs. same-size plans
- Employee saving3.0 / 1520th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score17 / 100 · Grade F
This plan vs. peers
Peers: Wholesale Trade plans with 500–2,499 active participants (603 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 8th |
| Lower admin cost | 25th |
| Employee saving | 20th |
| Peers that auto-enroll | 53% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Coen Oil Company put in about $464 per active participant, below the typical peer ($1,792). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.47% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $300,460 |
| Participant (employee) contributions | $1,836,849 |
| Other contributions (incl. rollovers in) | $114,988 |
| Administrative expenses paid from the plan | $46,429 |
| Investment advisory & management fees | $27,273 |
| Benefits paid out | $1,179,579 |
| Net assets, start / end of year | $8.8M / $11.0M |
| Active participants, start / end of year | 639 / 657 |
| Participants with account balances | 796 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Schneider Downs & Co., Inc. |
Largest service providers (Schedule C)
| Gallagher Fiduciary Advisors LLC | $21,288 reported compensation |
| Fidelity Investments Institutional | $19,156 reported compensation |
| Global Retirement Partners LLC | $5,984 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250923093107NAL0006177905001, received 2025-09-23, EIN 25-1852754, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.