Plan Snapshot
- Plan Sponsor: Hz Services LLC
- Sponsor EIN: 814191028
- Sponsor Address: 2101 W 2ND STREET, ODESSA, TX, 79763
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 127
- Total Assets: $74,650
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 | 127 | $74,650 | $719,368 | $362,679 |
| 2023 | 100 | $27,490 | $508,956 | $222,895 |
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 |
|---|---|---|---|---|
| FROST INSURANCE AGENCY, INC. - TEXA | Investment Advisor | $51,310 | — | $51,310 |
| THE BENECON GROUP | Investment Advisor | $29,219 | — | $29,219 |
| INDEPENDENCE ADMINISTRATORS (IA) | Other Service Provider | $24,470 | — | $24,470 |
| CONNECTCARE3 | Other Service Provider | $8,239 | — | $8,239 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $113,238
- Estimated Expense Ratio: 151.692% 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 | $113,238 | $51,310 | $24,470 | — | — |
| 2023 | $95,174 | $43,050 | $21,607 | — | — |