Plan Snapshot
- Plan Sponsor: Nextier Holding Co.
- Sponsor EIN: 472204586
- Sponsor Address: 3990 ROGERDALE, HOUSTON, TX, 77042
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 4,053
- Total Assets: $215.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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. |
|---|---|---|---|---|
| 2023 | 4,053 | $215.4M | $20.4M | $41.1M |
| 2022 | 4,045 | $154.6M | $15.9M | $30.1M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $351,354 | — | $351,354 |
| PRIME CAPITAL INVESTMENT ADVISORS | Investment Advisor | $167,471 | — | $167,471 |
| C.MARC MARTIN CPA | Auditor | $24,000 | — | $24,000 |
| WEAVER AND TIDWELL, LLP | Auditor | $15,635 | — | $15,635 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- 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: $558,460
- Estimated Expense Ratio: 0.259% 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 |
|---|---|---|---|---|---|
| 2023 | $558,460 | $167,471 | $2,100 | $39,635 | — |
| 2022 | $461,654 | — | — | — | — |