Plan Snapshot
- Plan Sponsor: Pate Trucking Company, LLC
- Sponsor EIN: 751366683
- Sponsor Address: 4025 112TH STREET, LUBBOCK, TX, 79424
- Plan Type: 401(k)
- Total Participants: 303
- Total Assets: $10.5M
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. |
|---|---|---|---|---|
| 2024 | 303 | $10.5M | $482,128 | $790,107 |
| 2023 | 279 | $9.3M | $488,525 | $800,513 |
| 2022 | 303 | $7.4M | $411,012 | $651,121 |
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 |
|---|---|---|---|---|
| WHITLEY PENN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WHITLEY PENN LLP — Auditor
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 | $77,359 | $17,087 | $43,109 | — | — |
| 2023 | $68,894 | $14,858 | $37,345 | — | — |
| 2022 | $60,601 | $11,420 | $36,077 | — | $13,104 |