Texas Petroleum Investment 401(k) match, vesting and fees
What Texas Petroleum Investment's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Fidelity Investments Institutional | Schedule C ↗ |
| Independent auditor | Baker Tilly US, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 356 defined-contribution plans in mining, quarrying, and oil and gas extraction with 100 to 499 participants.
| Texas Petroleum Investment: employer contribution per participant | $4,927 | |
| Peer median | $3,000 |
| Texas Petroleum Investment: average balance | $259,248 | |
| Peer median | $70,698 |
| Texas Petroleum Investment: admin expenses ÷ assets | 0.02% | |
| Peer median | 0.32% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $31.2M at the end of plan year 2023 to $33.4M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 130 | $33.4M | $636K | $4,927 | 0.02% | Not published | Form 5500 ↗ |
| 2023 | 146 | $31.2M | $731K | $5,044 | 0.05% | Not published | Form 5500 ↗ |
Common questions
Does Texas Petroleum Investment match 401(k) contributions?
The match terms for the Texas Petroleum Investment Company 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $636K in employer contributions, about $4,927 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Texas Petroleum Investment 401(k) match vested?
The vesting schedule for the Texas Petroleum Investment Company 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Texas Petroleum Investment 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Investments Institutional. The plan administrator is Texas Petroleum Investment Company.
I left Texas Petroleum Investment. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Texas Petroleum Investment Company, (713) 789-9225) or the recordkeeper, Fidelity Investments Institutional. The Texas Petroleum Investment old 401(k) page lists the contacts from every plan filing. Find an old Texas Petroleum Investment 401(k)
Data from the public Form 5500 annual reports Texas Petroleum Investment filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Texas Petroleum Investment. Not financial advice. Report a correction · Methodology