401(k) · DOL Form 5500 · 2023

Hep Services LLC 401(k) Plan

Data updated 2026-08-25

$31M
Total assets Below avg plan size
327
Participants Below avg headcount
80th
Percentile by assets National rank
$96,192
Avg per participant Below avg balance/head
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Official DOL plan name: Howard Energy Partners 401(k) Plan · Sponsored by Hep Services LLC · Texas · Mining & Oil Extraction

$31M in assets, 327 participants

Hep Services LLC's Howard Energy Partners 401(k) Plan reported $31M in total assets and 327 participants in its 2023 DOL Form 5500 filing, ranking in the 80th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #523 in Mining & Oil Extraction (811 peers)

Coverage in Texas

Howard Energy Partners 401(k) Plan covers 327 participants in Texas, about 48% of the average Texas filer (state average ~688 per filing). Assets: $31M.

#523
in Mining & Oil Extraction (811 peers)
+37.8%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Howard Energy Partners 401(k) Plan's outsized position by total assets

Howard Energy Partners 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$31,454,805 Top 20% higher than 80% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Howard Energy Partners 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Howard Energy Partners 401(k) Plan sits mid-pack in the medium band (327 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Howard Energy Partners 401(k) Plan reported net income rose from -$574K in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Howard Energy Partners 401(k) Plan end-of-year assets rose from $23M in the plan year 2022 filing to $31M in the plan year 2023 filing.
  • Howard Energy Partners 401(k) Plan reported participants fell from 336 in the plan year 2022 filing to 327 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 364855577 · Hep Services LLC PY 2023 · 401(k)

Howard Energy Partners 401(k) Plan · $31M · 327 · 80th

  • VS-ST $31M
  • VS-ST 327
  • VS-ST 80th
  • VS-ST 401(k)
  • VS-ST near 401(k) Profit Sharing Plan of Magnetic Analysis Corporation
  • VS-ST ind #523

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Mining & Oil Extraction retirement plans → · Plans in Texas →

Howard Energy Partners 401(k) Plan in the asset neighbourhood

Bedrock Manufacturing Company 401(k) PlanBedrock Manufacturing Compan…$31MInternational Development & Resources, Inc. 401(k) PlanInternational Development & …$31MHoward Energy Partners 401(k) PlanHoward Energy Partners 401(k…$31M401(k) Profit Sharing Plan of Magnetic Analysis Corporation401(k) Profit Sharing Plan o…$31MInterra Credit Union 401(k) Plan and TrustInterra Credit Union 401(k) …$31M
End-of-year total assets ($M) among Howard Energy Partners 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Texas filing particulars

Total Assets (Beginning of Year)$23M
Net Assets (End of Year)$31M
Net Income$9M
Employer EIN364855577
Plan Effective Date2014-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hep Services LLC)

Sponsor-wide plan assets over time

All Hep Services LLC plans reported in each filing year

Latest sponsor-wide plan assets
$42M 84.44083301603104% vs 2022
2024 filing year
$20M$30M$40M$50M 202220232024 $22.8M $42.1M ▲ +84.4%
Year Plans Participants Total Assets
2022 1 336 $23M
2023 1 327 $31M
2024 1 362 $42M

Nearby 401(k) Plans in Texas

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Howard Energy Partners 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Howard Energy Partners 401(k) Plan, Total assets ($B): 0.031454805 · Participants: 327Howard Energy Partners 401(k) PlanAT&T Retirement Savings Plan, Total assets ($B): 40.012012 · Participants: 119854AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.917 · Participants: 23477Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 16.496476432 · Participants: 41679Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 14.680189879 · Participants: 88792American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 13.529835 · Participants: 45686Dell Inc. 401(k) Plan
Howard Energy Partners 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Howard Energy Partners 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is 401(k) Profit Sharing Plan of Magnetic Analysis Corporation in NY ($31M); by covered participants it is Simpson University 403b Plan in CA (327 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (327 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Howard Energy Partners 401(k) Plan assets move in 2023?
Howard Energy Partners 401(k) Plan surged - up 37.8% during 2023, from $23M to $31M. Reported net income was $9M.
How have Hep Services LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Hep Services LLC's sponsor-wide assets grew 84.4%, from $23M to $42M.
Where does Howard Energy Partners 401(k) Plan rank by assets among Form 5500 filers?
Howard Energy Partners 401(k) Plan ranks in the 80th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Howard Energy Partners 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is 401(k) Profit Sharing Plan of Magnetic Analysis Corporation in NY ($31M, 85 participants).
Which 401(k) plans cover a similar participant headcount to Howard Energy Partners 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Simpson University 403b Plan in CA (327 participants, $5M in assets).