Plan Snapshot
- Plan Sponsor: Petroleum Geo-Services, INC.
- Sponsor EIN: 760328889
- Sponsor Address: 10451 CLAY ROAD, HOUSTON, TX, 77041
- Plan Type: 401(k)
- Total Participants: 150
- Total Assets: $115.1M
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 | 150 | $115.1M | $1.1M | $2.3M |
| 2023 | 169 | $109.7M | $1.0M | $2.1M |
| 2022 | 162 | $94.6M | $923,379 | $1.9M |
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 |
|---|---|---|---|---|
| ALLIANT INSURANCE SERVICES INC DBA | INVESTMENT ADVISOR | $75,000 | — | $75,000 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $46,634 | — | $46,634 |
| BLAZEK & VETTERLING LLC | AUDITOR | $16,000 | — | $16,000 |
| BLAZEK & VETTERLING | Auditor | $16,000 | — | $16,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BLAZEK & VETTERLING — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $153,634
- Estimated Expense Ratio: 0.134% 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 | $181,733 | $165,733 | — | $16,000 | — |
| 2023 | $181,191 | $165,691 | — | $15,500 | — |
| 2022 | $167,825 | $167,825 | — | — | — |