Plan Snapshot
- Plan Sponsor: Basin Holdings LLC
- Sponsor EIN: 452496821
- Sponsor Address: 7906 N. SAM HOUSTON PARKWAY W, HOUSTON, TX, 77064
- Plan Type: 401(k)
- Total Participants: 405
- Total Assets: $12.7M
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 | 405 | $12.7M | $698,301 | $1.3M |
| 2023 | 423 | $11.6M | $643,614 | $1.2M |
| 2022 | 361 | $10.7M | $281,131 | $966,375 |
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 INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $49,034 | — | $49,034 |
| ALLIANT RETIREMENT SERVICES | ADVISOR | $22,775 | — | $22,775 |
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $71,809
- Estimated Expense Ratio: 0.563% 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 | $74,955 | $25,921 | $300 | — | — |
| 2023 | $72,783 | $27,524 | — | — | — |
| 2022 | $80,065 | $7,256 | — | — | — |