Plan Ledger DOL Form 5500 · updated monthly

Enerfin Resources Company401(k)

ENERFIN RESOURCES COMPANY 401(K) PROFIT SHARING PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.52%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Enerfin Resources Company reported $59,109 in plan administrative expenses for 2024: 0.52% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,972 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.71% to 0.52%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other utilities employers. By assets it is the 2,810th-largest of 5,688 plans among Texas employers on file, and 307th of 412 in utilities. In 2024, employees put in $2.66 for every $1.00 the employer contributed; active participation has shrunk from 99 to 83 since 2022.

Plan summary
Net assets, end of year$11,852,024
Participants with balances97
Active participants83
Employer contributions$246,700
Employee contributions$657,147
Employer contribution per active participant$2,972
Average account balance$122,186
Benefits paid to participants$1,346,143
Plan auditUnmodified (clean) audit opinion
AuditorEEPB
Plan history3
Yearassets · accounts · employer contribution
2024$11.9M · 97 accts · $247K emplr
2023$11.0M · 107 accts · $386K emplr
2022$9.4M · 107 accts · $167K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,149
Investment management$38,960
Total administrative$59,109
The Enerfin Resources Company 401(k) match · 2024
Employer contribution per active participant$2,972
Median for plans this size$2,416
2024$2,972 per active participant
2023$3,864 per active participant
2022$1,683 per active participant

Enerfin Resources Company's 2024 employer contribution ran above the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$38,616
EMPOWER ADVISORY GROUP, LLC · Investment management$344

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$59,109 · 0.52%
2023$58,315 · 0.57%
2022$73,376 · 0.71%
Similar plansUtilities · Texas
Axip Services Company, LLC TX$13.3M · 0.25%
Quality Water & Air Inc. TX$10.3M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760333013 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.