Plan Snapshot
- Plan Sponsor: Morrow Renewables, LLC
- Sponsor EIN: 208845619
- Sponsor Address: 230 E. HUNT STREET, SUITE 301, MCKINNEY, TX, 75069
- Plan Type: 401(k)
- Total Participants: 58
- Total Assets: $8.8M
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 | 58 | $8.8M | $789,314 | $724,771 |
| 2023 | 116 | $7.4M | $612,046 | $559,468 |
| 2022 | 109 | $5.5M | $531,623 | $502,812 |
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 |
|---|---|---|---|---|
| MERRILL LYNCH PIERCE FENNER & SMITH | INVESTMENT ADVISOR | $15,543 | $6,333 | $21,876 |
| ADP, INC. | RECORD KEEPER | $9,541 | — | $9,541 |
| WHITLEY PENN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
- WHITLEY PENN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $31,417
- Estimated Expense Ratio: 0.357% 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 | $25,085 | $15,543 | — | — | — |
| 2023 | $22,144 | — | $12,043 | — | — |
| 2022 | $28,134 | $11,722 | $16,412 | — | — |