Plan Snapshot
- Plan Sponsor: Merit Energy Company, LLC
- Sponsor EIN: 752280562
- Sponsor Address: 5420 LBJ FWY, DALLAS, TX, 75240
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 1,041
- Total Assets: $331.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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. |
|---|---|---|---|---|
| 2025 | 1,041 | $331.1M | $0 | $0 |
| 2024 | 880 | $277.3M | $10.4M | $11.5M |
| 2023 | 847 | $232.8M | $9.0M | $10.6M |
| 2022 | 807 | $183.2M | $9.1M | $10.3M |
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 |
|---|---|---|---|---|
| STRATEGIC ADVISERS LLC | Investment Advisor | $113,749 | — | $113,749 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $113,749
- Estimated Expense Ratio: 0.034% 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 |
|---|---|---|---|---|---|
| 2025 | $20,152,021 | $113,749 | — | — | — |
| 2024 | $69,571 | $83,158 | $1,200 | — | — |
| 2023 | $66,409 | $78,936 | $300 | — | — |
| 2022 | $120,429 | $66,316 | — | — | — |