# Petrosmith LLC 401(k) Plan
Source: https://planprovider.pro/companies/petrosmith-llc-401k-plan

> Petrosmith LLC's 401(k) plan: 496 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Petrosmith LLC

- **Sponsor EIN:** 320376135

- **Sponsor Address:** PO BOX 6291, ABILENE, TX, 79608

- **Plan Type:** 401(k)

- **Total Participants:** 496

- **Total Assets:** $7.1M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **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|496|$7.1M|$339,687|$721,997|

| 2023|413|$4.6M|$60,789|$543,506|

| 2022|272|$4.3M|$271,857|$454,067|

## 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|

| FIDELITY INVESTMENTS INSTITUTIONAL|RECORDKEEPER|$23,000|—|$23,000|

| WEAVER AND TIDWELL LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [FIDELITY INVESTMENTS INSTITUTIONAL](https://planprovider.pro/provider/fidelity-investments) — RECORDKEEPER

- [WEAVER AND TIDWELL LLP](https://planprovider.pro/provider/weaver-and-tidwell-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $23,000

- **Estimated Expense Ratio:** 0.324% 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|$23,327|$327|—|—|—|

| 2023|$18,288|$40|—|—|—|

| 2022|$3,160|$3,160|—|—|—|

## Similar Plans

- [Pss Holdings, LLC](https://planprovider.pro/companies/pss-holdings-llc-401k-plan) — 429 participants

- [Trans-Tech Energy, LLC](https://planprovider.pro/companies/trans-tech-energy-llc-plan-001) — 577 participants

- [Womack Group, LLC](https://planprovider.pro/companies/womack-group-llc-401k-plan) — 409 participants

- [T. F. Hudgins, INC.](https://planprovider.pro/companies/t-f-hudgins-inc-401k-plan) — 384 participants

- [Romco Equipment Company](https://planprovider.pro/companies/romco-equipment-company-401k-plan) — 376 participants

- [Employee Owned Holdings, INC.](https://planprovider.pro/companies/employee-owned-holdings-inc-401k-plan) — 349 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/petrosmith-llc-401k-plan)

© 2026 PlanProvider.Pro