Plan Snapshot
- Plan Sponsor: Aker Solutions INC.
- Sponsor EIN: 760423235
- Sponsor Address: 11700 KATY FREEWAY, HOUSTON, TX, 77079
- Plan Type: DB
- Total Participants: 0
- Total Assets: $213,443
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 | 0 | $213,443 | $1.4M | $0 |
| 2023 | 0 | $29.7M | $975,000 | $0 |
| 2022 | 0 | $30.8M | $3.9M | $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 |
|---|---|---|---|---|
| PANNELL KERR FORSTER OF TEXAS PC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $412,098 | $286,659 | $125,439 | — | — |
| 2023 | $607,756 | — | $80,908 | — | — |
| 2022 | $624,193 | — | — | — | — |