Plan Snapshot
- Plan Sponsor: Terra Energy Partners Management, LLC
- Sponsor EIN: 473797277
- Sponsor Address: 3050 POST OAK BLVD. SUITE 1500, HOUSTON, TX, 77056
- Plan Type: 401(k)
- Total Participants: 264
- Total Assets: $49.9M
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 | 264 | $49.9M | $2.9M | $2.7M |
| 2023 | 269 | $41.5M | $2.8M | $2.7M |
| 2022 | 255 | $35.0M | $2.5M | $2.3M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $71,900 | — | $71,900 |
| EMPOWER ANNUITY INSURANCE COMPANY | INVESTMENT MGMT | $44,445 | — | $44,445 |
| WEAVER AND TIDWELL, L.L.P. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WEAVER AND TIDWELL, L.L.P. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $116,345
- Estimated Expense Ratio: 0.233% 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 | $116,345 | $44,445 | — | — | — |
| 2023 | $94,157 | $33,319 | — | — | — |
| 2022 | $93,180 | $27,692 | $65,488 | — | — |