Retirement plan

ENERVEST EMPLOYEE SERVICES LLC 401(K) SAVINGS PLAN

Name: ENERVEST EMPLOYEE SERVICES LLC - ENERVEST EMPLOYEE SERVICES LLC 401(K) SAVINGS PLAN (2015) Form 5500
Creator: ENERVEST EMPLOYEE SERVICES LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ENERVEST EMPLOYEE SERVICES LLC 401(K) SAVINGS PLAN, ENERVEST EMPLOYEE SERVICES LLC

ENERVEST EMPLOYEE SERVICES LLCEIN 47-1632874Plan #001PY 2015

1001 FANNIN STREET, SUITE 800 - HOUSTON, TX 77002713-659-3500

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$126.1M

No prior year

Total participants

374

No prior year

Average account balance

$341,771

No prior year

Annual return

157.85%

No prior year

Benchmarks

See 294 peers

Peer group

Industry21 - Mining, Quarrying, and Oil and Gas Extraction

Plan typeDefined contribution

Participants100-249

Cohort294 peers

Snapshot2015

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$165.86M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$217K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

766

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

97.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$6.11M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+12.18%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$265

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 3 by compensation

Provider	Service type	Compensation
WEAVER AND TIDWELL, LLP1+ years Service code 10 2821 WEST 7TH STREET · FORT WORTH, TX 76107	Accounting	$12,043
MORGAN STANLEY SMITH BARNEY1+ years Filed as: MORGAN STANLEY SMITH BARNEY LLC. Service code 27 5051 WESTHEIMER · HOUSTON, TX 77056	Advisory (Plan)	$9,999
T ROWE PRICE RPS INC1+ years Service code 15 100 EAST PRATT STREET · BALTIMORE, MD 21202	Recordkeeping	$1,550

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$24K

$171 / participant

Investment mgmt$10K42.4%
Other / not subdivided$14K57.6%

% of EOY assets

0.019%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: WEAVER AND TIDWELL, LLP
Auditor EIN: 750786316
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$341,771

$59,231+477.0%

$90,223+278.8%

$52,331+553.1%

Participation rate

96.4%

75.0%+21.4pp

79.0%+17.3pp

68.1%+28.3pp

Annual return

157.85%

3.53%+154.3pp

1.31%+156.5pp

4.54%+153.3pp

Employer contribution / active EE

$6,941

$3,391+104.7%

$4,378+58.5%

$1,882+268.9%

Participant deferral / active EE

$6,796

$4,659+45.9%

$5,792+17.3%

$3,022+124.9%

Admin fee / account holder

$64

$515-87.6%

$7,406-99.1%

$592-89.2%

Provider

Service type

Compensation

WEAVER AND TIDWELL, LLP1+ years

Service code 10

2821 WEST 7TH STREET · FORT WORTH, TX 76107

Accounting

$12,043

MORGAN STANLEY SMITH BARNEY1+ years

Filed as: MORGAN STANLEY SMITH BARNEY LLC.

Service code 27

5051 WESTHEIMER · HOUSTON, TX 77056

Advisory (Plan)

$9,999

T ROWE PRICE RPS INC1+ years

Service code 15

100 EAST PRATT STREET · BALTIMORE, MD 21202

Recordkeeping

$1,550

ENERVEST EMPLOYEE SERVICES LLC 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ENERVEST EMPLOYEE SERVICES LLC 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion