Plan Snapshot
- Plan Sponsor: Jackson Offshore Operators, LLC
- Sponsor EIN: 800717919
- Sponsor Address: 801 TRAVIS STREET, SUITE 2175, HOUSTON, TX, 77002
- Plan Type: 401(k)
- Total Participants: 188
- Total Assets: $10.2M
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 | 188 | $10.2M | $780,280 | $1.5M |
| 2023 | 181 | $8.3M | $704,257 | $1.4M |
| 2022 | 167 | $5.5M | $628,222 | $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 |
|---|---|---|---|---|
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $35,555 | — | $35,555 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $35,555
- Estimated Expense Ratio: 0.350% 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 | $40,467 | $35,555 | — | — | — |
| 2023 | $30,549 | $26,504 | — | — | — |
| 2022 | $20,806 | $17,793 | $3,013 | — | — |