Plan Snapshot
- Plan Sponsor: Kvp Energy Services LLC
- Sponsor EIN: 873872733
- Sponsor Address: 1828 NW AVE F, ANDREWS, TX, 79714
- Plan Type: 401(k)
- Total Participants: 621
- Total Assets: $15.4M
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 | 621 | $15.4M | $29,454 | $2.7M |
| 2023 | 567 | $14.2M | $923,763 | $2.7M |
| 2022 | 738 | $10.6M | $998,459 | $3.0M |
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 |
|---|---|---|---|---|
| AMERICAN UNITED LIFE INSURANCE CO | NONE | $18,804 | $74,117 | $92,921 |
| PLEXUS FINANCIAL SERVICES | NONE | — | $7,482 | $7,482 |
| CARR, RIGGS, & INGRAM, LLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $100,403
- Estimated Expense Ratio: 0.651% 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 | $15,204 | — | $15,204 | — | — |
| 2023 | $44,241 | — | $44,241 | — | — |
| 2022 | $45,728 | — | $45,728 | — | — |