Plan Snapshot
- Plan Sponsor: Pipeline Industry Pension Fund
- Sponsor EIN: 736146433
- Sponsor Address: RENEE E VAUSE, DIRECTOR, TULSA, OK, 741470950
- Plan Type: DB
- Plan Number: 001
- Total Participants: 8,048
- Total Assets: $1.9B
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 8,048 | $1.9B | $0 | $0 |
| 2024 | 2,034 | $1.7B | $28.9M | $0 |
| 2023 | 2,308 | $1.6B | $31.0M | $0 |
| 2022 | 1,904 | $1.4B | $25.4M | $0 |
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 |
|---|---|---|---|---|
| PIPELINE INDUSTRY BENEFIT FUND | Other Service Provider | $2,232,800 | $12,249 | $2,245,049 |
| PRIME PROPERTY FUND | Other Service Provider | $1,947,174 | — | $1,947,174 |
| SEGAL MARCO ADVISORS | Other Service Provider | $323,454 | — | $323,454 |
| STATE STREET GLOBAL ADVISORS | Other Service Provider | $277,634 | — | $277,634 |
| DUCENTA SQUARED ASSET MANAGEMENT | Other Service Provider | $262,448 | — | $262,448 |
| ASB CAPITAL MANAGEMENT | Other Service Provider | $249,819 | — | $249,819 |
| GLOBAL INFRASTRUCTURE | Other Service Provider | $248,977 | — | $248,977 |
| FIDELITY MANAGEMENT TRUST COMPANY | Other Service Provider | $207,010 | — | $207,010 |
| EMPLOYEE C | Other Service Provider | $199,584 | $4,636 | $204,220 |
| EMPLOYEE A | Other Service Provider | $160,748 | $9,713 | $170,461 |
| BARDIN HILL | Other Service Provider | $165,465 | — | $165,465 |
| MEISIROW FINANCIAL | Other Service Provider | $111,844 | — | $111,844 |
| THE SEGAL COMPANY | Other Service Provider | $100,355 | — | $100,355 |
| EMPLOYEE I | Other Service Provider | $90,016 | $7,237 | $97,253 |
| EMPLOYEE J | Other Service Provider | $84,303 | — | $84,303 |
| EMPLOYEE R | Other Service Provider | $59,814 | — | $59,814 |
| THE TRUST COMPANY OF OKLAHOMA | Other Service Provider | $54,508 | — | $54,508 |
| EMPLOYEE K | Other Service Provider | $52,581 | — | $52,581 |
| KOHLBERG TE INVESTORS | Other Service Provider | $45,303 | — | $45,303 |
| FIRST RESERVE FUND XIII, L.P. | Other Service Provider | $39,399 | — | $39,399 |
| EMPLOYEE S | Other Service Provider | $35,662 | — | $35,662 |
| RUBINBROWN LLP | Other Service Provider | $31,600 | — | $31,600 |
| EMPLOYEE X | Other Service Provider | $30,109 | — | $30,109 |
| EMPLOYEE U | Other Service Provider | $28,223 | — | $28,223 |
| EMPLOYEE V | Other Service Provider | $27,753 | — | $27,753 |
| EMPLOYEE W | Other Service Provider | $25,408 | — | $25,408 |
| ROBEIN, URANN, SPENCER, ET AL | Other Service Provider | $21,452 | — | $21,452 |
| RENAISSANCE TULSA HOTEL | Other Service Provider | — | $15,589 | $15,589 |
| OAKTREE | Other Service Provider | $11,144 | — | $11,144 |
| BRIDGEWAY BENEFIT TECHNOLOGIES | Other Service Provider | $10,260 | — | $10,260 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $7,184,271
- Estimated Expense Ratio: 0.383% 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 |
|---|---|---|---|---|---|
| 2025 | $110,519,254 | $4,782,133 | — | $31,600 | — |
| 2024 | $7,317,692 | $4,441,965 | — | $30,700 | — |
| 2023 | $6,671,398 | $4,030,458 | — | $15,900 | — |
| 2022 | $6,596,091 | $4,065,337 | — | — | $141,847 |