Plan Snapshot
- Plan Sponsor: Transocean Resources Management INC.
- Sponsor EIN: 461019646
- Sponsor Address: 140 S STATE COLLEGE BLVD SUITE 300, BREA, CA, 92821
- Plan Type: 401(k)
- Total Participants: 102
- Total Assets: $4.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 102 | $4.0M | $257,042 | $393,151 |
| 2023 | 115 | $3.1M | $259,651 | $436,474 |
| 2022 | 116 | $2.0M | $186,618 | $311,093 |
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 |
|---|---|---|---|---|
| TARNSAMERICA LIFE INSURANCE COMPANY | RECORDKEEPER | $16,250 | — | $16,250 |
| THONG, YU, WONG & LEE, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THONG, YU, WONG & LEE, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $16,250
- Estimated Expense Ratio: 0.402% 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 | $17,000 | — | $17,000 | — | — |
| 2023 | $12,328 | — | $12,328 | — | — |
| 2022 | $12,554 | — | $12,554 | — | — |