Plan Snapshot
- Plan Sponsor: Mrc Global (Us) INC.
- Sponsor EIN: 550229830
- Sponsor Address: 8515 E. ORCHARD RD.4T2, GREENWOOD VILLAGE, CO, 80111
- Plan Type: 401(k)
- Total Participants: 1,997
- Total Assets: $257.7M
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 | 1,997 | $257.7M | $4.8M | $8.6M |
| 2023 | 2,028 | $245.7M | $4.9M | $8.8M |
| 2022 | 1,940 | $219.4M | $2.3M | $7.2M |
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 | Other Service Provider | $245,434 | — | $245,434 |
| EMPOWER ANNUITY INSURANCE COMPANY O | Other Service Provider | $37,924 | — | $37,924 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $283,358
- Estimated Expense Ratio: 0.110% 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 | $257,477 | $245,434 | — | — | — |
| 2023 | $220,620 | $220,220 | — | — | — |
| 2022 | $231,783 | $231,151 | $232 | — | $400 |