Plan Snapshot
- Plan Sponsor: Griffin Dewatering Corporation
- Sponsor EIN: 630826062
- Sponsor Address: 5306 CLINTON DRIVE, HOUSTON, TX, 77020
- Plan Type: 401(k)
- Total Participants: 147
- Total Assets: $8.6M
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 | 147 | $8.6M | $363,566 | $791,440 |
| 2023 | 155 | $7.4M | $337,589 | $698,339 |
| 2022 | 160 | $6.0M | $281,701 | $653,202 |
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 |
|---|---|---|---|---|
| ADP, INC. | Recordkeeper | $26,253 | — | $26,253 |
| MERRILL LYNCH PIERCE FENNER & SMITH | Investment Advisor | $15,867 | $764 | $16,631 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $42,884
- Estimated Expense Ratio: 0.499% 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 | $42,120 | $15,867 | — | — | — |
| 2023 | $36,050 | $13,191 | — | — | — |
| 2022 | $37,445 | — | — | — | — |