Plan Snapshot
- Plan Sponsor: Petroleum Traders Corporation
- Sponsor EIN: 351462227
- Sponsor Address: 7120 POINTE INVERNESS WAY, FORT WAYNE, IN, 468047928
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 103
- Total Assets: $13.0M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 103 | $13.0M | $400,000 | $648,918 |
| 2023 | 104 | $11.5M | $500,838 | $603,519 |
| 2022 | 95 | $11.0M | $398,400 | $660,270 |
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 |
|---|---|---|---|---|
| SYM FINANCIAL CORPORATION | Investment Advisor | $34,896 | — | $34,896 |
| PHILLIPS FINANCIAL MANAGEMENT LLC | Investment Advisor | $17,799 | — | $17,799 |
| ASCENSUS HOLDINGS INC DBA FUTUREPLA | Other Service Provider | $2,875 | $11,021 | $13,896 |
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $12,149 | — | $12,149 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $78,740
- Estimated Expense Ratio: 0.607% 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 | $67,469 | — | $67,469 | — | — |
| 2023 | $52,711 | — | $52,711 | — | — |
| 2022 | $43,883 | — | — | — | — |