Plan Snapshot
- Plan Sponsor: Drover Energy Services, LLC
- Sponsor EIN: 460978531
- Sponsor Address: 2505 NORTH LONGVIEW STREET, KILGORE, TX, 75662
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 55
- Total Assets: $15,761
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 55 | $15,761 | $579,521 | $0 |
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 |
|---|---|---|---|---|
| HUB INTERNATIONAL (TX) | Investment Advisor | $19,635 | — | $19,635 |
| THE BENECON GROUP | Investment Advisor | $16,094 | — | $16,094 |
| MERITAIN HEALTH, AN AETNA COMPANY | Other Service Provider | $7,799 | — | $7,799 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $43,528
- Estimated Expense Ratio: 276.175% 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 | $615,215 | — | — | — | — |