Plan Snapshot
- Plan Sponsor: Bution Holdco 1, LLC
- Sponsor EIN: 843109572
- Sponsor Address: 907 SOUTH DETROIT AVENUE #400, TULSA, OK, 74120
- Plan Type: 401(k)
- Total Participants: 764
- Total Assets: $38.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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. |
|---|---|---|---|---|
| 2023 | 764 | $38.8M | $1.4M | $3.3M |
| 2022 | 820 | $33.5M | $1.1M | $3.2M |
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 | $121,162 | — | $121,162 |
| GALLAGHER FIDUCIARY ADVISORS, LLC | Investment Advisor | $80,000 | — | $80,000 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $13,358 | — | $13,358 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- GALLAGHER FIDUCIARY ADVISORS, LLC — Investment Advisor
- STRATEGIC ADVISORS, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $214,520
- Estimated Expense Ratio: 0.553% 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 |
|---|---|---|---|---|---|
| 2023 | $107,260 | $6,679 | — | — | — |
| 2022 | $75,899 | $6,420 | — | — | — |