Plan Snapshot
- Plan Sponsor: Kinder Morgan, INC.
- Sponsor EIN: 800682103
- Sponsor Address: 1001 LOUISIANA STREET SUITE 1000, HOUSTON, TX, 77002
- Plan Type: Health & Welfare
- Plan Number: 516
- Total Participants: 182
- Total Assets: $286.3M
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 | 182 | $286.3M | $620,000 | $1.2M |
| 2023 | 194 | $279.6M | $1.1M | $1.3M |
| 2022 | 213 | $259.6M | $8.7M | $1.7M |
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 |
|---|---|---|---|---|
| TELUS HEALTH | Other Service Provider | $408,125 | — | $408,125 |
| BLUE CROSS/ BLUE SHIELD | Other Service Provider | $213,606 | — | $213,606 |
| WILLIS TOWERS WATSON US LLC | Recordkeeper | — | $115,000 | $115,000 |
| MERCER INVESTMENT CONSULTING | Other Service Provider | $99,983 | — | $99,983 |
| EXPRESS SCRIPTS | Other Service Provider | $61,011 | — | $61,011 |
| MCCONNELL & JONES | Auditor | $53,972 | — | $53,972 |
| NORTHERN TRUST COMPANY | Other Service Provider | $41,178 | — | $41,178 |
| AARP | Other Service Provider | $13,570 | — | $13,570 |
| OPTUM HEALTH FINANCIAL SERVICES,INC | Other Service Provider | $6,422 | — | $6,422 |
| STOEL RIVES | ERISA Attorney | $5,352 | — | $5,352 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILLIS TOWERS WATSON US LLC — Recordkeeper
- MCCONNELL & JONES — Auditor
- STOEL RIVES — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,018,219
- Estimated Expense Ratio: 0.356% 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 | $7,514,866 | $100,069 | $702,632 | $53,972 | — |
| 2023 | $8,398,218 | $100,000 | $859,075 | $36,225 | — |
| 2022 | $1,004,500 | — | $872,513 | — | $131,987 |