401(k) · DOL Form 5500 · 2024

Targa Resources LLC 401(k) Plan

Data updated 2026-08-25

$613M
Total assets Above avg plan size
3,181
Participants Above avg headcount
98th
Percentile by assets National rank
$192,594
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

$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.

  • #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.

#3,173
in Transportation & Warehousing (3,299 peers)
+17.7%
assets growth YoY
6.1×
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 2024 · DOL Form 5500

$612,641,494 Top 2% higher than 98% of 123,620 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 2024

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

Plan-year 2024 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 (3,181 participants).

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 →

Form 5500 schedule snapshot

Filing strip 141904332 · Targa Resources LLC PY 2024 · 401(k)

Targa Resources 401(k) and Profit Sharing Plan · $613M · 3,181 · 98th

  • EIN $613M
  • EIN 3,181
  • EIN 98th
  • EIN 401(k)
  • EIN near Optum Partner Services 401(k) Savings Plan
  • EIN ind #3173

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

Informatica LLC 401(k) Retirement PlanInformatica LLC 401(k) Retir…$613M401(k) Savings and Retirement Plan, Sponsored by Natixis Investment Managers, LLC401(k) Savings and Retiremen…$613MOptum Partner Services 401(k) Savings PlanOptum Partner Services 401(k…$613MTarga Resources 401(k) and Profit Sharing PlanTarga Resources 401(k) and P…$613MMission Support and Test Services LLC (Msts) Employee 401(k) PlanMission Support and Test Ser…$612M
End-of-year total assets ($M) among Targa Resources 401(k) and Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

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)

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): 0.612641494 · Participants: 3181Targa Resources 401(k) and Profit Sharing PlanAT&T Retirement Savings Plan, Total assets ($B): 43.121795 · Participants: 109889AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 23.711 · Participants: 21990Exxonmobil Savings PlanChevron Employee Savings Investment Plan, Total assets ($B): 20.378704663 · Participants: 21505Chevron Employee Savings Investment PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 18.81200478 · Participants: 43873Caterpillar 401(k) Savings PlanSouthwest Airlines Co. Retirement Savings Plan, Total assets ($B): 16.991748637 · Participants: 67820Southwest Airlines Co. Retirement Savings 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 Optum Partner Services 401(k) Savings Plan in MN ($613M); by covered participants it is Plug Power Inc. Savings and Retirement Plan in NY (3,181 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (3,181 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 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).
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 Plug Power Inc. Savings and Retirement Plan in NY (3,181 participants, $154M in assets).

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.