# Targa Resources LLC 401(k) Plan
Source: https://planprovider.pro/companies/targa-resources-llc-401k-plan

> Targa Resources LLC's 401(k) plan: 3,421 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Targa Resources LLC

- **Sponsor EIN:** 141904332

- **Sponsor Address:** 811 LOUISIANA, HOUSTON, TX, 77002

- **Plan Type:** 401(k)

- **Total Participants:** 3,421

- **Total Assets:** $612.6M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** Yes

- **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|3,421|$612.6M|$34.3M|$38.4M|

| 2023|3,181|$520.5M|$31.8M|$35.0M|

| 2022|2,724|$410.9M|$25.7M|$28.8M|

## 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|

| STRATEGIC ADVISORS, INC.|ADVISOR|$118,087|—|$118,087|

| FIDELITY INVESTMENTS INSTITUTIONAL|RECORDKEEPER|$90,312|—|$90,312|

| WEAVER AND TIDWELL, LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [STRATEGIC ADVISORS, INC.](https://planprovider.pro/provider/creative-planning) — ADVISOR

- [FIDELITY INVESTMENTS INSTITUTIONAL](https://planprovider.pro/provider/fidelity-investments) — RECORDKEEPER

- [WEAVER AND TIDWELL, LLP](https://planprovider.pro/provider/weaver-and-tidwell-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $208,399

- **Estimated Expense Ratio:** 0.034% 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|$203,397|$118,087|$2,700|—|—|

| 2023|$147,899|$61,159|$4,500|—|—|

| 2022|$200,622|$19,291|—|—|—|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/targa-resources-llc-401k-plan)

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