Plan Snapshot
- Plan Sponsor: Petrobras America INC.
- Sponsor EIN: 760235183
- Sponsor Address: 757 N. ELDRIDGE PARKWAY, HOUSTON, TX, 77079
- Plan Type: 401(k)
- Total Participants: 37
- Total Assets: $37.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 37 | $37.2M | $402,219 | $667,987 |
| 2023 | 41 | $34.3M | $338,105 | $589,954 |
| 2022 | 38 | $31.0M | $327,279 | $497,472 |
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 |
|---|---|---|---|---|
| CALVIN MARTIN & COMPANY, PLLC | 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 | $360 | — | — | — | — |
| 2023 | $355 | — | — | — | — |
| 2022 | $291 | — | — | — | — |