Petrotel INC. 401(k) Plan

Form 5500 filing data for plan year 2024.

Plan Snapshot

  • Plan Sponsor: Petrotel INC.
  • Sponsor EIN: 752887548
  • Sponsor Address: 5700 TENNYSON PKWY STE 500, PLANO, TX, 75024
  • Plan Type: 401(k)
  • Total Participants: 28
  • Total Assets: $22.2M

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

YearParticipantsTotal AssetsEmployer Contrib.Employee Contrib.
202428$22.2M$164,990$409,466
202326$17.9M$187,454$469,610
202226$13.8M$205,034$461,098

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