Plan Snapshot
- Plan Sponsor: Cgg Services (U.S.) INC.
- Sponsor EIN: 741813790
- Sponsor Address: 10300 TOWN PARK DRIVE, HOUSTON, TX, 77072
- Plan Type: 401(k)
- Total Participants: 839
- Total Assets: $360.8M
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 | 839 | $360.8M | $5.8M | $8.5M |
| 2023 | 537 | $330.8M | $5.1M | $7.1M |
| 2022 | 520 | $276.0M | $4.7M | $6.8M |
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 |
|---|---|---|---|---|
| CAPTRUST FINANCIAL ADVISORS | INVESTMENT ADVISOR | $30,000 | — | $30,000 |
| CROWE LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $30,000
- Estimated Expense Ratio: 0.008% 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 | -$53,497 | $30,000 | $300 | — | — |
| 2023 | -$78,789 | — | $300 | — | — |
| 2022 | -$71,607 | — | — | — | — |