Plan Snapshot
- Plan Sponsor: Sasol (Usa) Corporation
- Sponsor EIN: 462043151
- Sponsor Address: 12120 WICKCHESTER LANE, HOUSTON, TX, 77079
- Plan Type: 401(k)
- Total Participants: 1,265
- Total Assets: $417.7M
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 | 1,265 | $417.7M | $8.3M | $14.4M |
| 2023 | 1,296 | $385.9M | $8.0M | $14.1M |
| 2022 | 1,300 | $348.2M | $6.5M | $13.3M |
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 |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | $134,300 | — | $134,300 |
| INVESCO ADVISERS | CONSULTANT | $72,774 | — | $72,774 |
| NFP RETIREMENT INC | INVESTMENT ADVISOR | $52,500 | — | $52,500 |
| HAM, LANGSTON & BREZINA, L.L.P. | ACCOUNTANT/AUDITOR | $16,106 | — | $16,106 |
| NORTON ROSE FULBRIGHT | ATTORNEY/LEGAL | $11,008 | — | $11,008 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — ADVISOR
- NFP RETIREMENT INC — INVESTMENT ADVISOR
- HAM, LANGSTON & BREZINA, L.L.P. — ACCOUNTANT/AUDITOR
- NORTON ROSE FULBRIGHT — ATTORNEY/LEGAL
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $286,688
- Estimated Expense Ratio: 0.069% 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 | $399,825 | $259,574 | — | $33,213 | — |
| 2023 | $477,684 | $236,935 | — | $5,682 | — |
| 2022 | $448,575 | $257,551 | — | — | — |