Plan Snapshot
- Plan Sponsor: Tgs-Nopec Geophysical Company
- Sponsor EIN: 760170405
- Sponsor Address: 10451 CLAY ROAD, HOUSTON, TX, 77043
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 734
- Total Assets: $161.0M
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. |
|---|---|---|---|---|
| 2025 | 734 | $161.0M | $0 | $0 |
| 2024 | 392 | $113.3M | $3.4M | $4.7M |
| 2023 | 315 | $104.6M | $2.5M | $4.4M |
| 2022 | 329 | $94.6M | $2.9M | $3.8M |
| 2020 | 289 | $103.1M | $2.4M | $4.4M |
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 | $131,480 | — | $131,480 |
| MORGAN STANLEY CAPITAL MANAGEMENT I | Investment Advisor | $60,000 | — | $60,000 |
| ADVISED ASSETS GROUP, LLC | Investment Advisor | $18,359 | — | $18,359 |
| CROWE LLP | Auditor | $11,550 | — | $11,550 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $221,389
- Estimated Expense Ratio: 0.138% 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 |
|---|---|---|---|---|---|
| 2025 | $14,877,093 | $78,409 | — | $11,500 | — |
| 2024 | $291,353 | $47,429 | $168,924 | — | — |
| 2023 | $199,016 | $45,000 | $154,016 | — | — |
| 2022 | $233,386 | $60,000 | $158,820 | — | $14,000 |
| 2020 | $256,639 | — | — | — | — |