Plan Snapshot
- Plan Sponsor: Source Energy Services Us LP
- Sponsor EIN: 352487607
- Sponsor Address: 3430 OAKWOOD MALL DRIVE, STE. 300, EAU CLAIRE, WI, 54701
- Plan Type: 401(k)
- Total Participants: 184
- Total Assets: $7.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 184 | $7.5M | $508,027 | $791,109 |
| 2023 | 168 | $5.9M | $429,359 | $654,469 |
| 2022 | 151 | $4.3M | $327,402 | $510,785 |
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 |
|---|---|---|---|---|
| GALLAGHER BENEFIT SERVICES | INVESTMENT ADVISOR | $23,704 | — | $23,704 |
| THE RETIREMENT ADVANTAGE, INC. | CONTRACT ADMIN | $10,590 | $3,102 | $13,692 |
| BGM CPA LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BGM CPA LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $37,396
- Estimated Expense Ratio: 0.496% 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 | $83,985 | — | $23,704 | — | — |
| 2023 | $42,099 | — | $36,252 | — | — |
| 2022 | $28,208 | — | $28,208 | — | — |