Plan Snapshot
- Plan Sponsor: Burnett Oil Co., INC. And Affiliates
- Sponsor EIN: 751691478
- Sponsor Address: BURNETT PLAZA # 1500, FORT WORTH, TX, 761026881
- Plan Type: 401(k)
- Total Participants: 55
- Total Assets: $23.6M
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 | 55 | $23.6M | $465,920 | $693,019 |
| 2023 | 53 | $23.5M | $489,640 | $731,595 |
| 2022 | 60 | $25.7M | $715,124 | $1.1M |
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 |
|---|---|---|---|---|
| CONDLEY AND COMPANY, LLP | 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 | $20,793 | — | — | — | — |
| 2023 | $10,948 | — | — | — | — |
| 2022 | $30,183 | — | — | — | — |