Employers › Kinetik Holdings
Recordkeeping fees per participant · Kinetik 401(k) Plan · plan year 2024
$22.77
Higher than 22% of the 14,075 plans $10 to 50M that report it.
= $11,364 / 499
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250908085550NAL0019166081001, received 2025-09-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250908085550NAL0019166081001, received 2025-09-08
Percentiles compare this plan with the Schedule H plans $10 to 50M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-09-08.
Administrative expenses excluding investment management, per participant
$22.77
Higher than 15% of the 24,371 plans $10 to 50M that report it.
= $11,364 / 499
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250908085550NAL0019166081001, received 2025-09-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250908085550NAL0019166081001, received 2025-09-08
Administrative expenses per participant
$47.83
Higher than 16% of the 25,098 plans $10 to 50M that report it.
= $23,868 / 499
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250908085550NAL0019166081001, received 2025-09-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250908085550NAL0019166081001, received 2025-09-08
Administrative expenses as a share of assets
0.086%
Higher than 19% of the 25,132 plans $10 to 50M that report it.
= $23,868 / $27,801,643
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250908085550NAL0019166081001, received 2025-09-08
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250908085550NAL0019166081001, received 2025-09-08
Employer contributions per participant
$6,999
Higher than 96% of the 24,050 plans $10 to 50M that report it.
= $3,492,678 / 499
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250908085550NAL0019166081001, received 2025-09-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250908085550NAL0019166081001, received 2025-09-08
Employer share of total contributions
35.0%
Higher than 74% of the 24,084 plans $10 to 50M that report it.
= $3,492,678 / $9,968,794
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250908085550NAL0019166081001, received 2025-09-08
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250908085550NAL0019166081001, received 2025-09-08
Vesting
“Participants are vested immediately in their contributions and employer contributions plus actual earnings thereon.”
Form 11-K filed 2026-06-08, for the year ended 2025-12-31 · plan description note, vesting · source document
Automatic enrollment
“The Plan includes an auto-enrollment provision whereby all newly eligible employees are automatically enrolled in the Plan unless they affirmatively elect not to participate in the Plan.”
Form 11-K filed 2026-06-08, for the year ended 2025-12-31 · plan description note, contributions · source document
Terms quoted from the filing for the year ended 2025-12-31. Figures cover plan year 2024. The plan document governs.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250908085550NAL0019166081001, received 2025-09-08
| Field | Value | Source |
|---|---|---|
| Plan sponsor | BCP MANAGEMENT SERVICES, LLC | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250908085550NAL0019166081001, received 2025-09-08 |
| Plan name | KINETIK 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250908085550NAL0019166081001, received 2025-09-08 |
| Sponsor EIN / plan number | 84-2885657 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250908085550NAL0019166081001, received 2025-09-08 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250908085550NAL0019166081001, received 2025-09-08 |
| Sponsor location | HOUSTON, TX | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250908085550NAL0019166081001, received 2025-09-08 |
| Industry (business code) | 486000, Transportation and warehousing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250908085550NAL0019166081001, received 2025-09-08 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250908085550NAL0019166081001, received 2025-09-08 |
| Filing received | 2025-09-08 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250908085550NAL0019166081001, received 2025-09-08 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250908085550NAL0019166081001, received 2025-09-08 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250908085550NAL0019166081001, received 2025-09-08 |
| Participants, beginning of year | 366 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250908085550NAL0019166081001, received 2025-09-08 |
| Active participants | 466 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250908085550NAL0019166081001, received 2025-09-08 |
| Participants, end of year | 500 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250908085550NAL0019166081001, received 2025-09-08 |
| Participants with an account balance | 499 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250908085550NAL0019166081001, received 2025-09-08 |
| Total assets, beginning of year | $16,987,402 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250908085550NAL0019166081001, received 2025-09-08 |
| Total assets, end of year | $27,801,643 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250908085550NAL0019166081001, received 2025-09-08 |
| Net assets, end of year | $27,801,643 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250908085550NAL0019166081001, received 2025-09-08 |
| Total income | $12,717,742 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250908085550NAL0019166081001, received 2025-09-08 |
| Net income | $10,814,241 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250908085550NAL0019166081001, received 2025-09-08 |
| Employer contributions | $3,492,678 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250908085550NAL0019166081001, received 2025-09-08 |
| Participant contributions | $3,713,950 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250908085550NAL0019166081001, received 2025-09-08 |
| Other contributions (incl. rollovers) | $2,762,166 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250908085550NAL0019166081001, received 2025-09-08 |
| Total contributions | $9,968,794 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250908085550NAL0019166081001, received 2025-09-08 |
| Benefit payments | $1,871,376 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250908085550NAL0019166081001, received 2025-09-08 |
| Total expenses (incl. benefit payments) | $1,903,501 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250908085550NAL0019166081001, received 2025-09-08 |
| Total administrative expenses | $23,868 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250908085550NAL0019166081001, received 2025-09-08 |
| Contract administrator fees | $0 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250908085550NAL0019166081001, received 2025-09-08 |
| Recordkeeping fees | $11,364 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250908085550NAL0019166081001, received 2025-09-08 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250908085550NAL0019166081001, received 2025-09-08 |
| Investment advisory and management fees | $12,504 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250908085550NAL0019166081001, received 2025-09-08 |
| Administrative expenses excluding investment management | $11,364 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250908085550NAL0019166081001, received 2025-09-08 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250908085550NAL0019166081001, received 2025-09-08 |
| Held in common/collective trusts | $461,780 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250908085550NAL0019166081001, received 2025-09-08 |
| Held in mutual funds | $26,064,638 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250908085550NAL0019166081001, received 2025-09-08 |
| Independent auditor | WEAVER AND TIDWELL, LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250908085550NAL0019166081001, received 2025-09-08 |
Position = column in the DOL layout for form year 2024. Filing 20250908085550NAL0019166081001, received 2025-09-08.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | 27 Investment advisory (plan) | $12,504 | no |
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees | $11,364 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250908085550NAL0019166081001, received 2025-09-08.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $16,987,402 | $27,801,643 | 63.7% |
| Participants with a balance | 361 | 499 | 38.2% |
| Administrative expenses | $13,719 | $23,868 | 74.0% |
| Recordkeeping fees per participant | $22.53 | $22.77 | 1.1% |
| Employer contributions | $2,566,904 | $3,492,678 | 36.1% |
Prior filing 20241001092628NAL0006857505001, received 2024-10-01; the plan years are contiguous.
Sponsor name as filed: BCP MANAGEMENT SERVICES, LLC; SEC registrant: Kinetik Holdings Inc. (CIK 1692787, matched by 11-K plan title; display name from the Form 11-K cover).