Plan Ledger DOL Form 5500 · updated monthly

Battalion Oil Corporation401(k)

BATTALION OIL CORPORATION 401(K) PLAN RETIREMENT PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Battalion Oil Corporation reported $41,930 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $12,082 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 0.26% to 0.25%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 2,193rd-largest of 5,688 plans among Texas employers on file, and 330th of 612 in mining, oil & gas extraction. In 2024, employees put in $1.06 for every $1.00 the employer contributed; active participation has shrunk from 62 to 39 since 2022.

Plan summary
Net assets, end of year$17,618,954
Participants with balances89
Active participants39
Employer contributions$471,188
Employee contributions$501,289
Employer contribution per active participant$12,082
Average account balance$197,966
Benefits paid to participants$1,834,604
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$17.6M · 89 accts · $471K emplr
2023$16.3M · 96 accts · $693K emplr
2022$17.6M · 116 accts · $909K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,930
Total administrative$41,930
The Battalion Oil Corporation 401(k) match · 2024
Employer contribution per active participant$12,082
Median for plans this size$2,416
2024$12,082 per active participant
2023$18,249 per active participant
2022$14,656 per active participant

Battalion Oil Corporation's 2024 employer contribution ran above the $2,416 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 · 20241
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$41,930

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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Administrative cost history3
2024$41,930 · 0.25%
2023$45,351 · 0.27%
2022$49,772 · 0.26%
Similar plansMining, Oil & Gas Extraction · Texas
Pro Directional TX$17.9M · 0.58%
Pci Nitrogen, LLC TX$17.7M · 0.16%
Tug Hill Inc TX$17.6M · 0.17%
Smart Sand Inc TX$17.4M · 1.02%
Big D Equipment Company TX$16.9M · 0.47%
Earthstone Operating, LLC TX$16.4M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200700684 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.