401(k) · DOL Form 5500 · 2023

Targa Resources LLC 401(k) Plan

Data updated 2026-08-25

$520M
Total assets Above avg plan size
2,724
Participants Above avg headcount
97th
Percentile by assets National rank
$191,066
Avg per participant Above avg balance/head
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Official DOL plan name: Targa Resources 401(k) and Profit Sharing Plan · Sponsored by Targa Resources LLC · Texas · Transportation & Warehousing

$520M in assets, 2,724 participants

Targa Resources LLC's Targa Resources 401(k) and Profit Sharing Plan reported $520M in total assets and 2,724 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • #3,236 in Transportation & Warehousing (3,362 peers)

Coverage in Texas

Targa Resources 401(k) and Profit Sharing Plan covers 2,724 participants in Texas, 4.0x the typical Texas plan (state average ~688 per filing). Assets: $520M.

#3,236
in Transportation & Warehousing (3,362 peers)
+26.7%
assets growth YoY
5.2×
vs typical plan assets (national mean)

Targa Resources 401(k) and Profit Sharing Plan's outsized position by total assets

Targa Resources 401(k) and Profit Sharing Plan vs every filed plan by assets

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

$520,464,231 Top 3% higher than 97% 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

Targa Resources 401(k) and Profit Sharing Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Targa Resources 401(k) and Profit Sharing Plan lands in the large band (2,724 participants).

EBSA filing schedule strip

Filing strip 141904332 · Targa Resources LLC PY 2023 · 401(k)

Targa Resources 401(k) and Profit Sharing Plan · $520M · 2,724 · 97th

  • ASSETS $520M
  • PCT 2,724
  • EIN 97th
  • RANK 401(k)
  • PHOTO near Sheet Metal Local 10 Supplemental Retirement Fund
  • IND ind #3236

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 Transportation & Warehousing retirement plans → · Plans in Texas →

Targa Resources 401(k) and Profit Sharing Plan in the asset neighbourhood

Colas Inc. and Subsidiaries 401(k) Savings PlanColas Inc. and Subsidiaries …$521MDakotas Areawide IBEW-NECA Savings and Retirement PlanDakotas Areawide IBEW-NECA S…$521MTarga Resources 401(k) and Profit Sharing PlanTarga Resources 401(k) and P…$520MSheet Metal Local 10 Supplemental Retirement FundSheet Metal Local 10 Supplem…$520MInformation Resources, Inc. 401(k) Retirement Savings PlanInformation Resources, Inc. …$520M
End-of-year total assets ($M) among Targa Resources 401(k) and Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Texas filing particulars

Total Assets (Beginning of Year)$411M
Net Assets (End of Year)$520M
Net Income$98M
Employer EIN141904332
Plan Effective Date2004-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Targa Resources LLC)

Sponsor-wide plan assets over time

All Targa Resources LLC plans reported in each filing year

Latest sponsor-wide plan assets
$613M 17.71058557144151% vs 2023
2024 filing year
$500M$550M$600M$650M 20232024 $520M $613M ▲ +17.7%
Year Plans Participants Total Assets
2023 1 2,724 $520M
2024 1 3,181 $613M

Nearby 401(k) Plans in Texas

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

Targa Resources 401(k) and Profit Sharing Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Targa Resources 401(k) and Profit Sharing Plan, Total assets ($B): 0.520464231 · Participants: 2724Targa Resources 401(k) and Profit Sharing 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
Targa Resources 401(k) and Profit Sharing Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Targa Resources 401(k) and Profit Sharing Plan side-by-side with 3 peers →

Targa Resources 401(k) and Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Sheet Metal Local 10 Supplemental Retirement Fund in MN ($520M); by covered participants it is Oscar Health 401(k) Plan in NY (2,724 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,724 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 Targa Resources 401(k) and Profit Sharing Plan assets move in 2023? ▼
Targa Resources 401(k) and Profit Sharing Plan grew sharply - up 26.7% during 2023, from $411M to $520M. Reported net income was $98M.
How have Targa Resources LLC plan assets changed over time? ▼
Across 2 plan years on file (2023-2024), Targa Resources LLC's sponsor-wide assets grew 17.7%, from $520M to $613M.
Where does Targa Resources 401(k) and Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Targa Resources 401(k) and Profit Sharing Plan ranks in the 97th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Targa Resources 401(k) and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Sheet Metal Local 10 Supplemental Retirement Fund in MN ($520M, 4,254 participants).
Which 401(k) plans cover a similar participant headcount to Targa Resources 401(k) and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Oscar Health 401(k) Plan in NY (2,724 participants, $112M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 141904332.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.