Plan Snapshot
- Plan Sponsor: Standard Sales Company, L.P.
- Sponsor EIN: 750875143
- Sponsor Address: 4800 E 42ND, ODESSA, TX, 79762
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 421
- Total Assets: $335,695
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 | 421 | $335,695 | $3.4M | $1.5M |
| 2023 | 419 | $447,674 | $4.9M | $1.5M |
| 2022 | 428 | $611,699 | $3.4M | $1.3M |
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 |
|---|---|---|---|---|
| BOONCHAPMAN | Recordkeeper | $495,193 | — | $495,193 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $495,193
- Estimated Expense Ratio: 147.513% 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 | $731,440 | — | $731,440 | — | — |
| 2023 | $611,032 | — | $611,032 | — | — |
| 2022 | $656,304 | — | $656,304 | — | — |