Plan Snapshot
- Plan Sponsor: Spectra Energy Corp
- Sponsor EIN: 205413139
- Sponsor Address: 915 N. ELDRIDGE PARKWAY, SUITE 1100, HOUSTON, TX, 77079
- Plan Type: 401(k)
- Plan Number: 512
- Total Participants: 0
- Total Assets: $334,000
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 0 | $334,000 | $290,000 | $1.8M |
| 2023 | 0 | $1.2M | $209,000 | $1.8M |
| 2022 | 0 | $3.1M | $76,000 | $2.9M |
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 |
|---|---|---|---|---|
| LIFEWORK (US) LTD. | Other Service Provider | $330,000 | — | $330,000 |
| BNYM | Other Service Provider | $56,000 | — | $56,000 |
| BLUE CROSS BLUE SHIELD OF TEXAS | Other Service Provider | $35,000 | — | $35,000 |
| CAREMARK | Other Service Provider | $21,000 | — | $21,000 |
| BLACKROCK | Other Service Provider | $10,000 | — | $10,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $452,000
- Estimated Expense Ratio: 135.329% 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 | $1,033,000 | $10,000 | $387,000 | — | — |
| 2023 | $409,000 | $5,000 | $330,000 | — | — |
| 2022 | $1,050,000 | $13,000 | $125,000 | — | — |