Plan Snapshot
- Plan Sponsor: Welspun Tubular, LLC
- Sponsor EIN: 743197599
- Sponsor Address: 9301 FRAZIER PIKE, LITTLE ROCK, AR, 722069280
- Plan Type: 401(k)
- Total Participants: 577
- Total Assets: $16.4M
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 | 577 | $16.4M | $1.2M | $1.7M |
| 2023 | 573 | $13.0M | $1.1M | $1.5M |
| 2022 | 316 | $9.1M | $475,355 | $750,676 |
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 | $87,842 | — | $87,842 |
| MMLIS | BROKER | — | $20,059 | $20,059 |
| SAXONY SECURITIES INC | BROKER | — | $11,870 | $11,870 |
| HCJ CPAS & ADVISORS PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HCJ CPAS & ADVISORS PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $119,771
- Estimated Expense Ratio: 0.728% 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 | $100,217 | $1,773 | — | — | — |
| 2023 | $64,672 | $96 | — | — | — |
| 2022 | $54,091 | $42,045 | $12,046 | — | — |