Plan Snapshot
- Plan Sponsor: Midtex Oil, LP
- Sponsor EIN: 741864941
- Sponsor Address: 3455 IH-35 SOUTH, NEW BRAUNFELS, TX, 78132
- Plan Type: 401(k)
- Total Participants: 498
- Total Assets: $6.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 498 | $6.2M | $364,137 | $638,412 |
| 2023 | 386 | $5.5M | $323,927 | $564,307 |
| 2022 | 347 | $3.9M | $300,150 | $524,214 |
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 |
|---|---|---|---|---|
| VOYA RETIREMENT INSURANCE & ANNUITY | SERVICE PROVIDER | $39,892 | — | $39,892 |
| PENSIONMARK FINANCIAL GROUP LLC | SERVICE PROVIDER | — | $20,432 | $20,432 |
| ADKF PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADKF PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $60,324
- Estimated Expense Ratio: 0.970% 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 | $39,892 | $2,460 | $36,532 | — | — |
| 2023 | $31,405 | $1,895 | $28,560 | — | — |
| 2022 | $25,814 | — | — | — | — |