Plan Snapshot
- Plan Sponsor: Wtg Midstream, LLC
- Sponsor EIN: 872197401
- Sponsor Address: 303 VETERANS AIRPARK LN. STE. 4000, MIDLAND, TX, 79705
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 331
- Total Assets: $16.3M
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. |
|---|---|---|---|---|
| 2023 | 331 | $16.3M | $911,879 | $1.4M |
| 2022 | 279 | $12.4M | $587,917 | $907,452 |
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 | $34,534 | — | $34,534 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $34,534
- Estimated Expense Ratio: 0.212% 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 |
|---|---|---|---|---|---|
| 2023 | $34,480 | $34,480 | — | — | — |
| 2022 | $16,161 | $16,161 | — | — | — |