Plan Snapshot
- Plan Sponsor: Mulholland Energy Services, LLC
- Sponsor EIN: 463793511
- Sponsor Address: 10300 W CR 72, MIDLAND, TX, 797074406
- Plan Type: DC
- Total Participants: 893
- Total Assets: $3.2M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 893 | $3.2M | $398,342 | $690,391 |
| 2023 | 769 | $2.6M | $407,872 | $693,739 |
| 2022 | 666 | $1.8M | $344,381 | $617,213 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $13,737 | — | $13,737 |
| NORTHWESTERN MUTUAL INVESTMENT SERV | OTHER SERVICES | — | $10,511 | $10,511 |
| WEAVER AND TIDWELL, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NORTHWESTERN MUTUAL INVESTMENT SERV — OTHER SERVICES
- WEAVER AND TIDWELL, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $24,248
- Estimated Expense Ratio: 0.755% 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 | $13,738 | — | $13,738 | — | — |
| 2023 | $9,145 | — | $9,145 | — | — |
| 2022 | $7,071 | — | $7,071 | — | — |