Plan Ledger DOL Form 5500 · updated monthly

Altitude Energy Partners401(k)

ALTITUDE ENERGY PARTNERS 401(K) PLAN · CASPER, WY · plan year 2024

Reported admin expense ratio · 2024
0.27%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Altitude Energy Partners reported $10,102 in plan administrative expenses for 2024: 0.27% of average plan assets, below the peer median. Employer contributions averaged $2,703 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.48% to 0.27%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is among the smaller plans on file in Wyoming (55th of 81), and 516th of 612 in mining, oil & gas extraction. In 2024, employees put in $2.91 for every $1.00 the employer contributed; active participation has grown from 88 to 134 since 2022.

Plan summary
Net assets, end of year$4,437,032
Participants with balances266
Active participants134
Employer contributions$362,222
Employee contributions$1,053,143
Employer contribution per active participant$2,703
Average account balance$16,681
Benefits paid to participants$402,602
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.4M · 266 accts · $362K emplr
2023$2.9M · 251 accts · $311K emplr
2022$1.6M · 217 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,165
Investment management$6,937
Total administrative$10,102
The Altitude Energy Partners 401(k) match · 2024
Employer contribution per active participant$2,703
Median for plans this size$1,313
2024$2,703 per active participant
2023$2,724 per active participant

Altitude Energy Partners's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
ASCENSUS LLC · Recordkeeping$3,165
UBS FINANCIAL SERVICES INC. · Investment advisory (plan)$6,937

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Ascensus
2023Ascensus

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$10,102 · 0.27%
2023$8,335 · 0.37%
2022$12,541 · 0.48%
Similar plansMining, Oil & Gas Extraction · Wyoming
Power Resources, Inc. WY$28.6M · 0.30%
Kemmerer Operations, LLC WY$22.5M · 0.27%
Cyclone Drilling, Inc. WY$19.0M · 0.52%
R & R Services, Inc WY$2.5M · 0.02%
Trk Enterprises, Inc. WY$2.3M · 1.59%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474261736 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.