Plan Snapshot
- Plan Sponsor: Aera Energy Services Company
- Sponsor EIN: 770456453
- Sponsor Address: 10000 MING AVENUE, BAKERSFIELD, CA, 93311
- Plan Type: 401(k)
- Total Participants: 0
- Total Assets: $0
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 0 | $0 | $10.7M | $14.5M |
| 2023 | 840 | $466.0M | $12.5M | $16.9M |
| 2022 | 948 | $428.3M | $12.6M | $17.1M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | $432,994 | — | $432,994 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $282,160 | — | $282,160 |
| BDO USA, LLP | ACCOUNTANT/AUDITOR | $99,196 | — | $99,196 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- BDO USA, LLP — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $814,350
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $221,998 | $179,179 | — | — | — |
| 2023 | $406,318 | $216,497 | — | $49,598 | — |
| 2022 | $329,205 | $268,589 | — | — | — |