Plan Snapshot
- Plan Sponsor: Morrow Energy, LLC
- Sponsor EIN: 453982638
- Sponsor Address: 10818 W COUNTY ROAD 72, MIDLAND, TX, 79707
- Plan Type: 401(k)
- Total Participants: 175
- Total Assets: $7.5M
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 | 175 | $7.5M | $623,927 | $980,659 |
| 2023 | 203 | $6.4M | $795,073 | $1.3M |
| 2022 | 267 | $4.2M | $698,632 | $925,432 |
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 |
|---|---|---|---|---|
| WHITLEY PENN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WHITLEY PENN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $35,789 | $5,610 | $30,179 | — | — |
| 2023 | $35,157 | $6,689 | $28,468 | — | — |
| 2022 | $26,157 | $1,356 | $24,801 | — | — |