Plan Snapshot
- Plan Sponsor: Maxum Petroleum Operating Company
- Sponsor EIN: 263908405
- Sponsor Address: PO BOX 2136, GRAPEVINE, TX, 760992136
- Plan Type: 401(k)
- Total Participants: 717
- Total Assets: $65.7M
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 | 717 | $65.7M | $2.3M | $5.6M |
| 2023 | 752 | $60.6M | $2.2M | $5.6M |
| 2022 | 876 | $51.7M | $2.3M | $5.5M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $216,959 | — | $216,959 |
| WEAVER AND TIDWELL, LLP | ACCOUNTANT | $30,785 | — | $30,785 |
| RATHER & KITTRELL,INC | INVESTMENT ADVISORY | $25,000 | — | $25,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WEAVER AND TIDWELL, LLP — ACCOUNTANT
- RATHER & KITTRELL,INC — INVESTMENT ADVISORY
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $272,744
- Estimated Expense Ratio: 0.415% 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 | $272,744 | $40,750 | $216,959 | $15,035 | — |
| 2023 | $246,173 | $43,095 | $203,078 | — | — |
| 2022 | $199,487 | $25,000 | $168,314 | — | $6,173 |