Plan Snapshot
- Plan Sponsor: Maverick Tube Corporation
- Sponsor EIN: 431455766
- Sponsor Address: 2200 W. LOOP SOUTH, SUITE 800, HOUSTON, TX, 77027
- Plan Type: 401(k)
- Total Participants: 3,524
- Total Assets: $366.1M
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 | 3,524 | $366.1M | $26.1M | $31.5M |
| 2023 | 3,568 | $301.1M | $24.0M | $27.9M |
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 |
|---|---|---|---|---|
| SCHWAB RETIREMENT PLAN SERVICES,INC | NONE | $1,022,672 | — | $1,022,672 |
| MERCER INVESTMENT CONSULTING | NONE | $61,772 | — | $61,772 |
| BKD LLP | NONE | $35,175 | — | $35,175 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHWAB RETIREMENT PLAN SERVICES,INC — NONE
- BKD LLP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,119,619
- Estimated Expense Ratio: 0.306% 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 | $1,155,628 | $884,653 | $7,875 | $27,300 | — |
| 2023 | $898,929 | $657,279 | $25,725 | — | — |