Plan Snapshot
- Plan Sponsor: Martin Resource Management Corporation
- Sponsor EIN: 752789062
- Sponsor Address: 4200 B STONE RD, KILGORE, TX, 75662
- Plan Type: 401(k)
- Total Participants: 1,642
- Total Assets: $132.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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. |
|---|---|---|---|---|
| 2024 | 1,642 | $132.6M | $3.6M | $7.1M |
| 2023 | 1,583 | $111.5M | $2.3M | $6.1M |
| 2022 | 1,525 | $93.6M | $2.3M | $5.8M |
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 |
|---|---|---|---|---|
| REGIONS BANK | ADVISOR | $60,000 | — | $60,000 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $56,784 | — | $56,784 |
| GOLLOB MORGAN PEDDY PC | ACCOUNTANT/AUDITOR | $40,150 | — | $40,150 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — ADVISOR
- GOLLOB MORGAN PEDDY PC — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $156,934
- Estimated Expense Ratio: 0.118% 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 | $146,833 | $116,784 | $1,500 | $40,150 | — |
| 2023 | $142,545 | $121,371 | — | $38,550 | — |
| 2022 | $187,768 | $71,377 | — | — | — |