Plan Snapshot
- Plan Sponsor: Mewbourne Oil Company Employees' 401(K) Plan
- Sponsor EIN: 751254872
- Sponsor Address: 3901 SOUTH BROADWAY, TYLER, TX, 757018716
- Plan Type: DC
- Total Participants: 781
- Total Assets: $215.5M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 781 | $215.5M | $8.6M | $7.4M |
| 2023 | 703 | $180.2M | $7.4M | $6.6M |
| 2022 | 640 | $140.5M | $3.1M | $2.9M |
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 |
|---|---|---|---|---|
| T ROWE PRICE RPS INC | NONE | $60,282 | — | $60,282 |
| HENRY & PETERS PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HENRY & PETERS PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $60,282
- Estimated Expense Ratio: 0.028% 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 | $60,279 | — | — | — | — |
| 2023 | $60,254 | — | — | — | — |
| 2022 | $25,018 | — | — | — | — |