Plan Snapshot
- Plan Sponsor: Barron Service Parts Co
- Sponsor EIN: 751584056
- Sponsor Address: 807 E. 2ND STREET, ODESSA, TX, 79761
- Plan Type: 401(k)
- Total Participants: 226
- Total Assets: $7.7M
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 | 226 | $7.7M | $235,191 | $286,865 |
| 2023 | 250 | $7.8M | $249,814 | $236,509 |
| 2022 | 189 | $7.4M | $250,000 | $266,391 |
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 |
|---|---|---|---|---|
| BOLINGER, SEGARS, GILBERT & MOSS | 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 | $35,246 | — | $35,246 | — | — |
| 2023 | $33,981 | — | $33,981 | — | — |
| 2022 | $42,440 | — | $42,440 | — | — |