Plan Snapshot
- Plan Sponsor: Momentum Midstream Management LLC
- Sponsor EIN: 844800418
- Sponsor Address: 600 TRAVIS ST. STE 5500, HOUSTON, TX, 77002
- Plan Type: 401(k)
- Total Participants: 263
- Total Assets: $35.6M
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 | 263 | $35.6M | $1.7M | $2.6M |
| 2023 | 277 | $28.9M | $1.7M | $2.5M |
| 2022 | 261 | $20.3M | $543,541 | $823,295 |
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 |
|---|---|---|---|---|
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $27,997 | — | $27,997 |
| PANNELL KERR FORSTER OF TEXAS, P.C. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $27,997
- Estimated Expense Ratio: 0.079% 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 | $31,047 | $27,997 | — | — | — |
| 2023 | $24,200 | $23,650 | — | — | — |
| 2022 | $22,233 | — | $22,233 | — | — |