Plan Snapshot
- Plan Sponsor: American Piping Inspection
- Sponsor EIN: 205764193
- Sponsor Address: 17110 E. PINE STREET, TULSA, OK, 74116
- Plan Type: 401(k)
- Total Participants: 513
- Total Assets: $8.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- 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 | 513 | $8.5M | $293,226 | $783,101 |
| 2023 | 394 | $6.8M | $162,885 | $680,927 |
| 2022 | 282 | $5.1M | $216,165 | $624,659 |
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 |
|---|---|---|---|---|
| HOOD AND ASSOCIATES CPAS PC | Auditor | $4,500 | — | $4,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $4,500
- Estimated Expense Ratio: 0.053% 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 | $32,880 | $15,644 | $10,074 | $4,500 | — |
| 2023 | $43,768 | $330 | $12,696 | $29,500 | — |
| 2022 | $26,801 | — | — | — | $26,801 |