Plan Snapshot
- Plan Sponsor: Fasken Oil And Ranch, Ltd.
- Sponsor EIN: 752625414
- Sponsor Address: 6101 HOLIDAY HILL ROAD, MIDLAND, TX, 79707
- Plan Type: 401(k)
- Total Participants: 292
- Total Assets: $82.5M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 292 | $82.5M | $4.5M | $2.1M |
| 2023 | 284 | $73.8M | $4.0M | $2.0M |
| 2022 | 269 | $62.4M | $3.8M | $1.9M |
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 |
|---|---|---|---|---|
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS, LLP — Auditor
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 | $18,864 | $4,011 | $1,147 | — | — |
| 2023 | $17,788 | — | $17,788 | — | — |
| 2022 | $15,226 | — | $15,226 | — | — |