# Midtex Oil, LP 401(k) Plan
Source: https://planprovider.pro/companies/midtex-oil-lp-401k-plan

> Midtex Oil, LP&#39;s 401(k) plan: 498 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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](https://planprovider.pro/provider/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|—|—|—|—|

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