Plan Ledger DOL Form 5500 · updated monthly

Momentum Midstream Management LLC401(k)

MOMENTUM MIDSTREAM MANAGEMENT LLC 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Momentum Midstream Management LLC reported $31,047 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,600 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 0.13% to 0.10%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 1,355th-largest of 5,688 plans among Texas employers on file, and the 224th of 612 in mining, oil & gas extraction. In 2024, employees put in $1.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$35,608,949
Participants with balances310
Active participants263
Employer contributions$1,735,766
Employee contributions$2,567,694
Employer contribution per active participant$6,600
Average account balance$114,868
Benefits paid to participants$1,955,574
Plan auditUnmodified (clean) audit opinion
AuditorPANNELL KERR FORSTER OF TEXAS, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$35.6M · 310 accts · $1.7M emplr
2023$28.9M · 323 accts · $1.7M emplr
2022$20.3M · 304 accts · $544K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,050
Investment management$27,997
Total administrative$31,047
The Momentum Midstream Management LLC 401(k) match · 2024
Employer contribution per active participant$6,600
Median for plans this size$2,416
2024$6,600 per active participant
2023$6,159 per active participant
2022$2,083 per active participant

Momentum Midstream Management LLC's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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
EMPOWER ADVISORY GROUP, LLC · Investment management$27,997
JPMORGAN INVEST HOLDINGS LLC$3,049

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$31,047 · 0.10%
2023$24,200 · 0.10%
2022$22,233 · 0.13%
Same employer
Similar plansMining, Oil & Gas Extraction · Texas
Amplify Energy Services LLC TX$37.9M · 0.02%
Seismic Exchange, Inc. TX$37.4M · 0.01%
Eco-Bat Technologies LTD. TX$37.0M · 0.02%
Rees-Jones Holdings LLC TX$35.1M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 844800418 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.