Plan Snapshot
- Plan Sponsor: Scout Energy Management, LLC
- Sponsor EIN: 453236574
- Sponsor Address: 13800 MONTFORT DRIVE, DALLAS, TX, 75240
- Plan Type: 401(k)
- Total Participants: 977
- Total Assets: $91.6M
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 | 977 | $91.6M | $5.3M | $7.4M |
| 2023 | 1,039 | $71.1M | $5.0M | $7.0M |
| 2022 | 991 | $53.0M | $4.4M | $6.4M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $223,554 | — | $223,554 |
| EDWARD JONES | INVESTMENT ADVISORY | — | $69,930 | $69,930 |
| NOVA 401(K) ASSOCIATES | CONTRACT ADMIN | — | $24,314 | $24,314 |
| WEAVER AND TIDWELL LLP | ACCOUNTANT | $14,734 | — | $14,734 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WEAVER AND TIDWELL LLP — ACCOUNTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $332,532
- Estimated Expense Ratio: 0.363% 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 | $238,288 | — | $223,554 | $14,734 | — |
| 2023 | $199,399 | — | $188,693 | $10,706 | — |
| 2022 | $158,501 | — | $158,501 | — | — |