Plan Snapshot
- Plan Sponsor: Standard Sales Company, L.P.
- Sponsor EIN: 750875143
- Sponsor Address: 4800 E. 42ND STREET, ODESSA, TX, 79762
- Plan Type: 401(k)
- Total Participants: 548
- Total Assets: $55.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 548 | $55.0M | $1.3M | $2.6M |
| 2023 | 482 | $48.4M | $1.3M | $2.6M |
| 2022 | 456 | $40.2M | $1.2M | $2.4M |
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 |
|---|---|---|---|---|
| LPL FINANCIAL - RP | INVESTMENT ADVISOR | $63,846 | — | $63,846 |
| WHITLEY PENN | ACCOUNTANT/AUDITOR | $18,550 | — | $18,550 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WHITLEY PENN — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $82,396
- Estimated Expense Ratio: 0.150% 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 | $45,910 | $63,846 | $4,469 | $18,550 | — |
| 2023 | $30,416 | $64,437 | $3,397 | $17,201 | — |
| 2022 | $38,987 | — | — | — | — |