United Refining Company
Form 5500 DataOverview
Plan Description
United Refining Company of Pennsylvania Incentive Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 49. United Refining Company of Pennsylvania Incentive Savings Plan currently has over 1,500 active participants and over $5.8M in plan assets.
Did you know?
For the average 401k participant, the 39 point difference between this plan's BrightScope Rating (49) and the top rated plan (88) could equate to:
19
Additional years of work
236,449
Lost Savings
*The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer. How is this calculated?
Plan Details
Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.
Plan data accurate as of 12/31/2018
Plan data has been audited by an Independent Qualified Public Accountant (IQPA). Address 15 Bradley Street, P.o. Box 780
Plan data has been audited by an Independent Qualified Public Accountant (IQPA). Address 15 Bradley Street, P.o. Box 780
-
LocationWarren , PA16365-0780
-
IndustryPetroleum Refineries
-
AdministratorSteven R. Smyth
-
Net Plan Assets$5,830,000
-
Total Participants1,600
-
Avg Account Balance$5,100
Plan Components
Component Ratings
Design
Total Plan Cost:
Average Fees
Company Generosity:
Below Avg.
Performance
Participation Rate:
Below Avg.
Salary Deferrals:
Poor
Account Balance:
Poor
Design
Total Plan Cost:
Low Fees
Company Generosity:
Below Avg.
Performance
Participation Rate:
Average
Salary Deferrals:
Poor
Account Balance:
Poor
Peer Group Plans
Company | Rating |
---|---|
Polyglass USA | 72.7 |
Gaf, LLC | 64.6 |
Philadelphia Energy Solutions LLC | 63.5 |
Gencor Industries | 63.1 |
Atlas Roofing | 63.0 |
Vance Brothers | 62.8 |
Top Industry Articles
Compliance
Stimulus Bill Extends Some Provisions of the CARES Act
It also provides a way for retirement plan sponsors to avoid a partial plan termination.
December 28, 2020
exclusives
Coronavirus Hardship Withdrawals, Taxes and Your Retirement Plan Clients
Coronavirus-related withdrawals made in 2020 were a financial lifeline for some, but they could also turn into a major tax headache for others.
February 19, 2021
exclusives
Warn Your Clients: Don’t Abuse Coronavirus Hardship Withdrawals
Though retirement plans can allow individuals to self-certify that they qualify for a penalty-free coronavirus-related distribution, should the IRS discover otherwise during a future audit, a participant can be subject to substantial penalties.
June 11, 2020
Data & Research
Many Near-Retirees Don't Understand Social Security Benefits
More than one-third failed a basic Social Security quiz administered by MassMutual.
April 7, 2021
exclusives
Once They Catch On, PEPs Could Grow Exponentially
The current hesitancy over how they will take shape will be overcome by appreciation among advisers and sponsors alike at the prospect of expanding retirement coverage, sources say.
April 16, 2021
Investments
Largest Funds in this Plan | Allocation of Assets | 1 YR Rank in Category |
---|---|---|
BlackRock Global Allocation | 38% |
29%
|
Federated Capital Preservation Fund | 13% |
N/A
|
JPMorgan Large Cap Growth | 7% |
3%
|
|
100%
|
|
|
100%
|
|
|
100%
|
|
|
100%
|
View all funds in this plan
Providers
Articles and Questions

Boeing Fee Settlement Highlights the High Bar for Large Plans
Boeing Offers a Near Perfect Retirement Plan ModelIn most respects Boeing’s retirement offering is a great model of how to run a large retirement plan. Participants in Boeing’s 401(k) plan are beneficiaries of a participant-friendly design with immediate access, automatic enrollment, immediate ves
Why Do Investment Expenses Matter?
Ryan Alfred
Popular Questions
See more questions-
When I convert my regular IRA to a Roth IRA, do I have to pay the taxes all at once?4 answers4answers
-
Should I purchase an Annuity for my retirement?5 answers5answers
-
How much money do I need to retire?5 answers5answers
-
Do I need to repay the 10k loan from my IRA tha I will use to purchase a home as a first time home owner?2 answers2answers
-
I am retiring soon and I am nervous about having a lot of my retirement dollars in the stock market. What are the annuity products I have been reading about that guarantee retirement income for me?8 answers8answers
Have a question about retirement plans?
Our community of registered financial advisors are standing by to share their experience.
Ask a question
