Plan Snapshot
- Plan Sponsor: Oil Capital Electric, LLC
- Sponsor EIN: 270012349
- Sponsor Address: 3837 WEST VANCOUVER ST., BROKEN ARROW, OK, 74012
- Plan Type: 401(k)
- Total Participants: 268
- Total Assets: $20.8M
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 | 268 | $20.8M | $811,309 | $997,014 |
| 2023 | 255 | $18.5M | $638,555 | $745,559 |
| 2022 | 243 | $15.5M | $554,999 | $620,366 |
| 2021 | 237 | $18.1M | $0 | $0 |
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 |
|---|---|---|---|---|
| MORSE & CO. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $3,042 | $38 | — | — | — |
| 2023 | $4,830 | $493 | — | — | — |
| 2022 | $2,511 | — | — | — | $2,511 |
| 2021 | $4,530 | — | — | — | — |