Plan Snapshot
- Plan Sponsor: Tidal Power Services, LLC
- Sponsor EIN: 260068898
- Sponsor Address: 4211 CHANCE LANE, ROSHARON, TX, 77583
- Plan Type: 401(k)
- Total Participants: 128
- Total Assets: $16.1M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 128 | $16.1M | $506,158 | $1.1M |
| 2023 | 116 | $13.0M | $434,484 | $1.0M |
| 2022 | 107 | $10.6M | $391,822 | $998,153 |
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 |
|---|---|---|---|---|
| RAYMOND JAMES | INVESTMENT ADVISOR | $27,482 | — | $27,482 |
| JPMORGAN INVEST HOLDINGS LLC | RECORDKEEPER | $17,700 | — | $17,700 |
| JOHN HANCOCK LIFE INSURANCE COMPANY | RECORDKEEPER | $6,257 | — | $6,257 |
| RYAN & MANN LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK LIFE INSURANCE COMPANY — RECORDKEEPER
- RYAN & MANN LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $51,439
- Estimated Expense Ratio: 0.320% 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 | $51,452 | $27,482 | $6,257 | — | — |
| 2023 | $67,639 | $35,128 | — | — | — |
| 2022 | $60,059 | — | $60,059 | — | — |