Plan Snapshot
- Plan Sponsor: Odfjell Holdings (Us) INC.
- Sponsor EIN: 273522353
- Sponsor Address: 13100 SPACE CENTER BLVD, HOUSTON, TX, 77059
- Plan Type: 401(k)
- Total Participants: 213
- Total Assets: $28.4M
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 | 213 | $28.4M | $876,361 | $1.9M |
| 2023 | 211 | $24.6M | $835,736 | $1.8M |
| 2022 | 210 | $22.1M | $762,486 | $1.6M |
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 | $100,384 | — | $100,384 |
| PNC BANK NA | CONSULTANT | — | $39,103 | $39,103 |
| ENNIS PELLUM & ASSOCIATES, P.A. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ENNIS PELLUM & ASSOCIATES, P.A. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $139,487
- Estimated Expense Ratio: 0.491% 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 | $100,385 | — | $100,385 | — | — |
| 2023 | $81,616 | — | $81,616 | — | — |
| 2022 | $78,371 | — | $78,371 | — | — |