Plan Snapshot
- Plan Sponsor: Aera Energy Services Company
- Sponsor EIN: 770456453
- Sponsor Address: 10000 MING AVENUE, BAKERSFIELD, CA, 93311
- Plan Type: DB
- Total Participants: 609
- Total Assets: $355.3M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 609 | $355.3M | $0 | $0 |
| 2023 | 790 | $423.8M | $0 | $0 |
| 2022 | 915 | $390.2M | $40.6M | $0 |
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 |
|---|---|---|---|---|
| FIDELITY MANAGEMENT TRUST CO | TRUSTEE | $1,042,844 | — | $1,042,844 |
| INDEPENDENT FINANCIAL PARTNERS | NONE | $68,209 | — | $68,209 |
| BDO USA LLP | NONE | $24,669 | — | $24,669 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BDO USA LLP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,135,722
- Estimated Expense Ratio: 0.320% of plan assets
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 | $1,633,342 | $14,000 | — | $10,770 | — |
| 2023 | $1,680,226 | — | — | $21,044 | — |
| 2022 | $1,703,286 | $1,526,152 | — | — | $34,750 |