Plan Ledger DOL Form 5500 · updated monthly

Tejas Production Services, Inc.401(k)

TEJAS PRODUCTION SERVICES, INC. PROFIT SHARING & 401(K) PLAN · VICTORIA, TX · plan year 2022

Reported admin expense ratio · 2022
1.35%

Tejas Production Services, Inc. reported $12,627 in plan administrative expenses for 2022: 1.35% of average plan assets, above the peer median. 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is among the smaller plans on file in Texas (5,287th of 5,688), and 590th of 612 in mining, oil & gas extraction.

Plan summary
Net assets, end of year$988,681
Participants with balances66
Active participants109
Employer contributions—
Employee contributions$205,702
Employer contribution per active participant—
Average account balance$14,980
Benefits paid to participants$178,727
Plan auditUnmodified (clean) audit opinion
AuditorSKIBBIECPA
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$12,627 · 1.35%
Similar plansMining, Oil & Gas Extraction · Texas
Line Quest, LLC TX$1.6M · 1.31%
Iron Horse Tools, Inc. TX$1.2M · 0.51%
Petrostar Services LLC TX$763K · 0.67%
Standard E and S, LLC TX$753K · 3.38%
B&S Integrity LLC TX$713K · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742711256 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.