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Company:
Texas Petroleum Investment Company
Plan:
Texas Petroleum Investment Company 401k Plan
 

Texas Petroleum Investment Company

75 Plan: Texas Petroleum Investment Company 401k Plan

 
 
75
35
75
91
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 16 point difference between this plan's BrightScope Rating (75) and the top rated plan (91) could equate to:
[How is this calculated?]
10 additional years of work
Up to $143,100 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

Texas Petroleum Investment Company 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 75. This plan is in the top 15% of plans for Company Generosity and Salary Deferral. Texas Petroleum Investment Company 401k Plan currently has over 100 active participants and over $6.6M in plan assets.

 

 Retirement Plan Details

Address 5850 San Felipe Street, Suite 250
Houston, TX 77057 
Industry Mining, Quarrying, and Oil and Gas Extraction
Administrator Paul Rice
Sponsor Brannon Miley
Net Plan Assets $6,580,000
Total Participants 150
Avg Account Balance $43,000

 Compare Other Companies in Peer Group

Atmos Energy Holdings 85.4
Ridgewood Energy 84.1
Fasken Oil and Ranch, Ltd. 82.9
Mack Energy Co. 80.8
Cyn Oil 57.5
Halliburton Company 44.8

 Top 3 Funds in this 401k

1. Fidelity Retirement Money Market 16%
2. Janus Overseas 8%
3. Fidelity Freedom 2020 7%

  Plan Service Provider

Auditor Hein & Associates LLP

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