Plan Ledger DOL Form 5500 · updated monthly

Kvp Energy Services LLC401(k)

KVP ENERGY SERVICES 401(K) & PROFIT SHARING PLAN · ANDREWS, TX · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Kvp Energy Services LLC reported $15,204 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $47 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 0.43% to 0.10%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 2,382nd-largest of 5,688 plans among Texas employers on file, and the 2,419th of 5,337 in construction. In 2024, employees put in $93.30 for every $1.00 the employer contributed; active participation has shrunk from 738 to 621 since 2022.

Plan summary
Net assets, end of year$15,428,002
Participants with balances666
Active participants621
Employer contributions$29,454
Employee contributions$2,748,162
Employer contribution per active participant$47
Average account balance$23,165
Benefits paid to participants$3,461,378
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.4M · 666 accts · $29K emplr
2023$14.2M · 645 accts · $926K emplr
2022$10.6M · 762 accts · $998K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$15,204
Total administrative$15,204
The Kvp Energy Services LLC 401(k) match · 2024
Employer contribution per active participant$47
Median for plans this size$2,416
2024$47 per active participant
2023$1,633 per active participant
2022$1,353 per active participant

Kvp Energy Services LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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 · 20242
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Loan processing$18,804
PLEXUS FINANCIAL SERVICES · Consultingindirect comp

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica, Securian

This plan has changed recordkeepers within these filings. If you left Kvp Energy Services LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$15,204 · 0.10%
2023$44,241 · 0.36%
2022$45,728 · 0.43%
Similar plansConstruction · Texas
Avadek, Inc. TX$15.9M · 0.47%
Vortex Companies, LLC TX$15.5M · 0.07%
Shearer Supply, LLC TX$15.3M · 0.04%
W. T. Byler Co. Inc. TX$15.3M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 873872733 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.