Plan Ledger DOL Form 5500 · updated monthly

Producers Midstream Management, LLC401(k)

PRODUCERS MIDSTREAM MANAGEMENT 401(K) PLAN · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
1.14%

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

Producers Midstream Management, LLC reported $130,544 in plan administrative expenses for 2024: 1.14% of average plan assets, higher than ~90% of peers. Employer contributions averaged $5,787 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 rose from 0.09% to 1.14%. 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 2,676th-largest of 5,688 plans among Texas employers on file, and 300th of 412 in utilities. In 2024, employees put in $1.61 for every $1.00 the employer contributed; active participation has shrunk from 164 to 146 since 2022.

Plan summary
Net assets, end of year$12,864,879
Participants with balances167
Active participants146
Employer contributions$844,860
Employee contributions$1,360,804
Employer contribution per active participant$5,787
Average account balance$77,035
Benefits paid to participants$1,423,645
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.9M · 167 accts · $845K emplr
2023$10.1M · 145 accts · $765K emplr
2022$6.5M · 138 accts · $714K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$130,544
Total administrative$130,544
The Producers Midstream Management, LLC 401(k) match · 2024
Employer contribution per active participant$5,787
Median for plans this size$2,416
2024$5,787 per active participant
2023$4,691 per active participant
2022$4,355 per active participant

Producers 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 · 20241

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$130,544 · 1.14%
2023$23,830 · 0.29%
2022$3,931 · 0.09%
Similar plansUtilities · Texas
Wtg Midstream, LLC TX$16.3M · 0.24%
Axip Services Company, LLC TX$13.3M · 0.25%
Enerfin Resources Company TX$11.9M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 813969655 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.