Plan Ledger DOL Form 5500 · updated monthly

Apache Corporation401(k)

APACHE CORPORATION 401(K) SAVINGS PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Apache Corporation reported $193,922 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $11,879 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 0.04% to 0.03%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 160th-largest of 5,688 plans among Texas employers on file, and the 23rd of 612 in mining, oil & gas extraction. In 2024, employees put in $1.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$715,252,110
Participants with balances2,363
Active participants1,563
Employer contributions$18,567,445
Employee contributions$24,203,617
Employer contribution per active participant$11,879
Average account balance$302,688
Benefits paid to participants$81,572,544
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$715.3M · 2,363 accts · $18.6M emplr
2023$640.7M · 2,299 accts · $17.3M emplr
2022$550.1M · 2,348 accts · $15.6M emplr
Administrative expenses, itemized · 2024
Investment management$241,469
Total administrative$193,922
The Apache Corporation 401(k) match · 2024
Employer contribution per active participant$11,879
Median for plans this size$4,294
2024$11,879 per active participant
2023$11,768 per active participant
2022$10,894 per active participant

Apache Corporation's 2024 employer contribution ran above the $4,294 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 · 20243
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$241,469
UBS · Investment advisory (plan)$91,732
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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

Administrative cost history3
2024$193,922 · 0.03%
2023$213,525 · 0.04%
2022$225,905 · 0.04%
All plans at this employer2
APACHE CORPORATION 401(K) SAVINGS PLAN401(k)
APACHE CORPORATION MONEY PURCHASE RETIREMENT PLANMoney purchase plan
Same employer
Similar plansMining, Oil & Gas Extraction · Texas
Hilcorp Energy Company TX$817.8M · 0.04%
Championx LLC TX$724.1M · 0.06%
Patterson-Uti Energy, Inc TX$613.0M · 0.09%
Coterra Energy Inc. TX$534.4M · 0.02%
Hunt Consolidated, Inc. TX$415.0M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 410747868 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.