# Standard Sales Company, L.P. Health &amp; Welfare Plan
Source: https://planprovider.pro/companies/standard-sales-company-l-p-750875143-501

> Standard Sales Company, L.P.&#39;s Health &amp; Welfare plan: 421 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Standard Sales Company, L.P.

- **Sponsor EIN:** 750875143

- **Sponsor Address:** 4800 E 42ND, ODESSA, TX, 79762

- **Plan Type:** Health & Welfare

- **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|—|—|

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