Plan Snapshot
- Plan Sponsor: Flotek Industries, INC.
- Sponsor EIN: 900023731
- Sponsor Address: 5775 N. SAM HOUSTON PKWY W., HOUSTON, TX, 77086
- Plan Type: 401(k)
- Total Participants: 137
- Total Assets: $19.1M
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. |
|---|---|---|---|---|
| 2024 | 137 | $19.1M | $305,942 | $1.2M |
| 2023 | 141 | $16.5M | $311,110 | $1.2M |
| 2022 | 139 | $14.2M | $322,067 | $1.3M |
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 |
|---|---|---|---|---|
| CROWE 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 | $33,439 | $4,779 | — | — | — |
| 2023 | $28,339 | $4,052 | — | — | — |
| 2022 | $27,646 | $2,358 | — | — | — |