401(k) · DOL Form 5500 · 2024

Targa Resources LLC 401(k) Plan

Data updated 2026-08-11

$613M
Total assets
3,181
Participants
98th
Percentile by assets
$192,594
Avg per participant
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Official DOL plan name: Targa Resources 401(k) and Profit Sharing Plan · Sponsored by Targa Resources LLC · Texas · Transportation & Warehousing

$613M in assets, 3,181 participants

Targa Resources LLC's Targa Resources 401(k) and Profit Sharing Plan reported $613M in total assets and 3,181 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 123,622 plans)
  • #3,173 in Transportation & Warehousing (3,299 peers)

Coverage in Texas

Targa Resources 401(k) and Profit Sharing Plan covers 3,181 participants in Texas, 4.6x the typical Texas plan (state average ~688 per filing). Assets: $613M.

$613M
total plan assets (2024 EOY)
3,181
covered participants
98th
percentile by assets (of 123,622 plans)
$192,594
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Targa Resources 401(k) and Profit Sharing Plan end-of-year assets rose from $520M in the plan year 2023 filing to $613M in the plan year 2024 filing.
  • Targa Resources 401(k) and Profit Sharing Plan reported participants rose from 2,724 in the plan year 2023 filing to 3,181 in the plan year 2024 filing.
  • Targa Resources 401(k) and Profit Sharing Plan reported net income fell from $98M in the plan year 2023 filing to $92M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Texas
Industry
Transportation & Warehousing

Participants vs Texas filers

In Texas, the average filing covers about 688 participants across 10,116 plans. Targa Resources 401(k) and Profit Sharing Plan reports 3,181 participants - 4.6x that state average ($613M EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)$520M
Net Assets (End of Year)$613M
Net Income$92M
Employer EIN141904332
Plan Effective Date2004-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Targa Resources LLC)

$500M$550M$600M$650M 20232024 $520M $613M ▲ +17.7%
Total plan assets by year, all Targa Resources LLC plans on file
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

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(…AT&T Retirement Savi…Exxonmobil Savings P…Chevron Employee Sav…Caterpillar 401(k) S…Southwest Airlines C…
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 Sharin… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Targa Resources 401(k) and Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Targa Resources 401(k) and Profit Sharing Plan assets move in 2024? ▼
Targa Resources 401(k) and Profit Sharing Plan grew sharply - up 17.7% during 2024, from $520M to $613M. Reported net income was $92M.
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 98th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (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 Optum Partner Services 401(k) Savings Plan in MN ($613M, 3,588 participants).

Next read for Targa Resources 401(k) and Profit Sharin…

Filing takeaways

Ways to act on Targa Resources 401(k) and Profit Sharing Plan's numbers.

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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.