Plan Snapshot
- Plan Sponsor: Sewell Family Of Companies INC.
- Sponsor EIN: 750715754
- Sponsor Address: 4400 PARKS LEGADO RD, ODESSA, TX, 797658998
- Plan Type: 401(k)
- Total Participants: 620
- Total Assets: $18.1M
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 | 620 | $18.1M | $0 | $1.6M |
| 2023 | 640 | $15.1M | $0 | $1.3M |
| 2022 | 400 | $11.2M | $0 | $1.1M |
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 |
|---|---|---|---|---|
| STA BENEFITS LTD | RETAINED EMPLOYER | $52,900 | — | $52,900 |
| JOHN HANCOCK | RECORDKEEPING | $44,875 | — | $44,875 |
| NFP RETIREMENT | RETAINED BY EMPLOYER | $14,334 | — | $14,334 |
| WILSHIRE ASSOCIATES INC. | RETAINED BY EMPLOYER | $7,557 | — | $7,557 |
| PLANTE & MORAN, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK — RECORDKEEPING
- WILSHIRE ASSOCIATES INC. — RETAINED BY EMPLOYER
- PLANTE & MORAN, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $119,666
- Estimated Expense Ratio: 0.660% 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 | $119,665 | $75,140 | $44,525 | — | — |
| 2023 | $8,068 | — | $4,268 | — | — |
| 2022 | $6,950 | — | $6,950 | — | — |