Plan Snapshot
- Plan Sponsor: Pivot Energy, INC.
- Sponsor EIN: 863586840
- Sponsor Address: 1601 WEWATTA STREET, DENVER, CO, 80202
- Plan Type: 401(k)
- Total Participants: 187
- Total Assets: $10.3M
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 | 187 | $10.3M | $1.2M | $1.9M |
| 2023 | 163 | $6.1M | $811,798 | $1.4M |
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 |
|---|---|---|---|---|
| USI SECURITIES | INVESTMENT ADVISOR | $19,814 | — | $19,814 |
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $15,050 | — | $15,050 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $6,614 | — | $6,614 |
| DELOITTE & TOUCHE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DELOITTE & TOUCHE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $41,478
- Estimated Expense Ratio: 0.402% 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 | $46,596 | — | $46,596 | — | — |
| 2023 | $16,312 | — | $16,312 | — | — |