Plan Ledger DOL Form 5500 · updated monthly

Terra Energy Partners Management, LLC401(k)

TERRA ENERGY PARTNERS 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Terra Energy Partners Management, LLC reported $116,345 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $11,001 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 3 years on file its reported administrative ratio has held roughly steady near 0.25%. 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 1,057th-largest of 5,688 plans among Texas employers on file, and the 184th of 612 in mining, oil & gas extraction. In 2024, the employer put in $1.07 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$49,901,096
Participants with balances299
Active participants264
Employer contributions$2,904,174
Employee contributions$2,717,214
Employer contribution per active participant$11,001
Average account balance$166,893
Benefits paid to participants$3,138,235
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$0 · $1.8M emplr
2024$49.9M · 299 accts · $2.9M emplr
2023$41.5M · 301 accts · $2.8M emplr
2022$35.0M · 286 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$71,900
Investment management$44,445
Total administrative$116,345
The Terra Energy Partners Management, LLC 401(k) match · 2024
Employer contribution per active participant$11,001
Median for plans this size$2,416
2024$11,001 per active participant
2023$10,501 per active participant
2022$9,922 per active participant

Terra Energy Partners 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 ANNUITY INSURANCE COMPANY · Investment management$44,445

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

Administrative cost history4
2025Not separately reported
2024$116,345 · 0.25%
2023$94,157 · 0.25%
2022$93,180 · 0.26%
Same employer
Similar plansMining, Oil & Gas Extraction · Texas
Crownquest Operating, L.L.C TX$51.7M · 0.18%
Csi Compressco Gp, LLC TX$51.1M · 0.03%
Pacific Drilling TX$50.7M · 0.06%
Exco Resources, Inc. TX$50.4M · 0.24%
Newpark Drilling Fluids LLC TX$47.8M · 0.03%
Comstock Resources, Inc. TX$43.9M · 0.26%
Petrobras America Inc. TX$42.2M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 473797277 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.