Plan Snapshot
- Plan Sponsor: Preferred Proppants LLC
- Sponsor EIN: 352428622
- Sponsor Address: 104 S. WAYNE AVE - #8308, WAYNE, PA, 19087
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 206
- Total Assets: $11.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 206 | $11.8M | $0 | $0 |
| 2024 | 71 | $11.3M | $227,037 | $417,209 |
| 2023 | 74 | $10.4M | $216,705 | $333,320 |
| 2022 | 73 | $9.3M | $204,967 | $293,774 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE CO | Recordkeeper | $36,884 | — | $36,884 |
| MMA SECURITIES LLC | Investment Advisor | $22,029 | — | $22,029 |
| THE MANDMARBLESTONE GROUP LLC | Other Service Provider | $9,088 | $5,132 | $14,220 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $73,133
- Estimated Expense Ratio: 0.622% 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 | $2,040,970 | $26,773 | $34,001 | — | — |
| 2024 | $66,435 | — | $64,785 | — | — |
| 2023 | $55,822 | $24,451 | $31,371 | — | — |
| 2022 | $64,159 | $26,862 | $37,297 | — | — |