Plan Snapshot
- Plan Sponsor: Forum Energy Technologies, INC.
- Sponsor EIN: 611488595
- Sponsor Address: 10344 SAM HOUSTON PARK DRIVE, HOUSTON, TX, 77064
- Plan Type: 401(k)
- Total Participants: 1,076
- Total Assets: $123.3M
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 | 1,076 | $123.3M | $4.0M | $6.6M |
| 2023 | 1,100 | $109.3M | $3.5M | $6.2M |
| 2022 | 1,058 | $91.4M | $2.7M | $5.2M |
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 | $88,345 | — | $88,345 |
| PRIME CAPITAL INVESTMENT ADVISORS | ADVISOR | $64,953 | — | $64,953 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $11,663 | — | $11,663 |
| WEAVER AND TIDWELL LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- WEAVER AND TIDWELL LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $164,961
- Estimated Expense Ratio: 0.134% 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 | $164,961 | $76,616 | $1,500 | — | — |
| 2023 | $184,419 | $69,248 | $1,200 | $21,630 | — |
| 2022 | $161,850 | $293 | — | — | — |