2023 Form 5500 filing — Targa Resources 401(K) And Profit Sharing Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241011151634NAL0023071985001) for Targa Resources 401(K) And Profit Sharing Plan, reported by Targa Resources LLC under EIN 14-1904332 and plan number 001. It reports 3,290 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$520.5MReported net assets$520,464,097
Participants3.3K3,290
Provider compensation$152.3K2 Schedule C row(s)$152,292
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241011151634NAL0023071985001
- Plan sponsor
- Targa Resources LLC
- EIN
- 14-1904332
- Plan number
- 001
- Location
- Houston, TX
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$520.5M total assets
Net assets$520.5MLiabilities$134
Full reported line items
- Total assets (EOY)
- $520,464,231
- Total liabilities (EOY)
- $134
- Net assets (EOY)
- $520,464,097
- Employer contributions
- $31,810,390
- Participant contributions
- $35,034,572
- Total income / additions
- $154,242,685
- Benefits paid
- $55,930,557
- Administrative expenses
- $147,899
- Total expenses
- $56,210,413
- Net increase / (decrease)
- $98,032,272
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $91,133 | $0 |
| Strategic Advisors, Inc. | ADVISOR | $61,159 | not reported in the loaded dataset |