Plan Snapshot
- Plan Sponsor: Ptw Energy Services, INC.
- Sponsor EIN: 465280958
- Sponsor Address: 1575 SAWDUST ROAD SUITE 300, THE WOODLANDS, TX, 77380
- Plan Type: 401(k)
- Total Participants: 36
- Total Assets: $42,770
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. |
|---|---|---|---|---|
| 2023 | 36 | $42,770 | $10,394 | $57,342 |
| 2022 | 241 | $4.6M | $54,286 | $253,818 |
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 COMPANY O | RECORDKEEPER | $83,534 | — | $83,534 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $10,812 | — | $10,812 |
| MELTON & MELTON, L.L.P. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MELTON & MELTON, L.L.P. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $94,346
- Estimated Expense Ratio: 220.589% 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 |
|---|---|---|---|---|---|
| 2023 | $47,173 | $5,406 | — | — | — |
| 2022 | $37,157 | $13,202 | $23,955 | — | — |