Plan Snapshot
- Plan Sponsor: Kinder Morgan, INC.
- Sponsor EIN: 800682103
- Sponsor Address: 1001 LOUISIANA STREET, HOUSTON, TX, 77002
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 16,121
- Total Assets: $3.2B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 16,121 | $3.2B | $0 | $0 |
| 2024 | 10,966 | $2.9B | $55.8M | $107.1M |
| 2023 | 10,939 | $2.7B | $52.7M | $101.6M |
| 2022 | 10,615 | $2.4B | $49.9M | $95.3M |
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 | Other Service Provider | $2,264,211 | — | $2,264,211 |
| EMPOWER ANNUITY INSURANCE COMPANY | Other Service Provider | $634,070 | — | $634,070 |
| MERCER INVESTMENT CONSULTING INC | Other Service Provider | $459,289 | — | $459,289 |
| MERCER (US) INC | Other Service Provider | $162,694 | — | $162,694 |
| EMPOWER FINANCIAL SERVICES, INC. | Other Service Provider | $53,854 | — | $53,854 |
| MCCONNELL & JONES LLP | Other Service Provider | $41,033 | — | $41,033 |
| STIFEL, NICOLAUS & COMPANY, INCORPO | Other Service Provider | $24,503 | — | $24,503 |
| STOEL RIVES LLP | Other Service Provider | $16,784 | — | $16,784 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,656,438
- Estimated Expense Ratio: 0.113% 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 |
|---|---|---|---|---|---|
| 2025 | $321,561,040 | $3,063,558 | — | $41,033 | — |
| 2024 | $3,170,093 | $2,470,847 | — | $39,082 | — |
| 2023 | $3,147,368 | $2,431,180 | — | $32,601 | — |
| 2022 | $3,402,566 | $2,890,909 | — | — | -$183,719 |