Plan Snapshot
- Plan Sponsor: Nine Energy Service, LLC
- Sponsor EIN: 371740603
- Sponsor Address: 2001 KIRBY DRIVE, HOUSTON, TX, 77019
- Plan Type: 401(k)
- Total Participants: 1,077
- Total Assets: $59.7M
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 | 1,077 | $59.7M | $2.1M | $4.3M |
| 2023 | 1,116 | $51.2M | $2.0M | $4.4M |
| 2022 | 1,131 | $40.6M | $0 | $3.2M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $85,402 | — | $85,402 |
| REGIONS BANK | ADVISOR | $41,212 | — | $41,212 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $22,229 | — | $22,229 |
| CROWE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $148,843
- Estimated Expense Ratio: 0.249% 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 | $148,844 | $63,442 | $1,500 | — | — |
| 2023 | $123,580 | $51,856 | $2,700 | — | — |
| 2022 | $121,250 | $16,498 | — | — | — |