Plan Snapshot
- Plan Sponsor: Total Operations And Productio
- Sponsor EIN: 871196970
- Sponsor Address: 12614 W COUNTY ROAD 91, MIDLAND, TX, 797075811
- Plan Type: 401(k)
- Total Participants: 101
- Total Assets: $766,594
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 101 | $766,594 | $480,552 | $641,000 |
| 2023 | 121 | $2.6M | $381,059 | $643,133 |
| 2022 | 89 | $1.3M | $220,113 | $377,856 |
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 |
|---|---|---|---|---|
| PAYCHEX, INC. | RECORDKEEPER | $7,260 | — | $7,260 |
| 401K GENERATION | CONTRACT ADMINISTRATOR | $6,625 | — | $6,625 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PAYCHEX, INC. — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $13,885
- Estimated Expense Ratio: 1.811% 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 | $13,961 | — | $13,961 | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |