Plan Snapshot
- Plan Sponsor: Products (Se) Pipe Line Corporation
- Sponsor EIN: 580388035
- Sponsor Address: 1001 LOUISIANA STREET SUITE 1000, HOUSTON, TX, 77002
- Plan Type: DB
- Total Participants: 22
- Total Assets: $18.1M
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. |
|---|---|---|---|---|
| 2024 | 22 | $18.1M | $1.6M | $0 |
| 2023 | 26 | $21.0M | $142,000 | $0 |
| 2022 | 30 | $22.4M | $10.0M | $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 |
|---|---|---|---|---|
| MERCER INVESTMENT LLC | NONE | $146,148 | — | $146,148 |
| MERCER (US) INC. | NONE | $60,512 | — | $60,512 |
| MCCONNELL & JONES, LLP | NONE | $24,037 | — | $24,037 |
| NORTHERN TRUST CUSTODY | N/A | $5,306 | — | $5,306 |
| TELUS HEALTH | NONE | $5,137 | — | $5,137 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MCCONNELL & JONES, LLP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $241,140
- Estimated Expense Ratio: 1.335% 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 | $332,291 | $146,148 | $825 | $24,037 | — |
| 2023 | $366,150 | $163,063 | $5,543 | $25,675 | — |
| 2022 | $405,099 | $146,280 | $42,520 | — | $82,529 |