Plan Snapshot
- Plan Sponsor: Technip Energies Usa, INC.
- Sponsor EIN: 760386371
- Sponsor Address: 11720 KATY FREEWAY, HOUSTON, TX, 77079
- Plan Type: 401(k)
- Total Participants: 1,107
- Total Assets: $346.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 1,107 | $346.4M | $11.6M | $18.3M |
| 2023 | 1,057 | $297.1M | $10.7M | $16.7M |
| 2022 | 932 | $242.6M | $8.7M | $13.7M |
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 |
|---|---|---|---|---|
| WEAVER &TIDWELL LLP | Auditor | $11,550 | — | $11,550 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WEAVER &TIDWELL LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $11,550
- Estimated Expense Ratio: 0.003% 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 | $210,181 | $98,753 | $300 | $11,550 | — |
| 2023 | $161,007 | $86,451 | $300 | — | — |
| 2022 | $175,352 | $84,145 | — | — | — |