Plan Snapshot
- Plan Sponsor: Tgs-Nopec Geophysical Company
- Sponsor EIN: 760170405
- Sponsor Address: 10451 CLAY ROAD, HOUSTON, TX, 70441
- Plan Type: 401(k)
- Total Participants: 392
- Total Assets: $113.3M
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 | 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 | $0 | $0 |
| 2019 | 344 | $93.5M | $0 | $0 |
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 | Recordkeeper | $168,924 | — | $168,924 |
| MORGAN STANLEY | Investment Advisor | $75,000 | — | $75,000 |
| CROWE LLP | Investment Advisor | $42,000 | — | $42,000 |
| ADVISED ASSETS GROUP, LLC | Investment Advisor | $5,429 | — | $5,429 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $291,353
- Estimated Expense Ratio: 0.257% 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 | $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 | — | — | — | — |
| 2019 | $240,290 | — | — | — | — |