Plan Ledger DOL Form 5500 · updated monthly

Black Stone Natural Resources Management Company401(k)

BLACK STONE NATURAL RESOURCES MANAGEMENT COMPANY 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Black Stone Natural Resources Management Company reported $4,628 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,547 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 0.023% to 0.022%. 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 1,852nd-largest of 5,688 plans among Texas employers on file, and the 291st of 612 in mining, oil & gas extraction. In 2024, employees put in $1.87 for every $1.00 the employer contributed; active participation has grown from 98 to 113 since 2022.

Plan summary
Net assets, end of year$22,884,465
Participants with balances141
Active participants113
Employer contributions$739,850
Employee contributions$1,383,867
Employer contribution per active participant$6,547
Average account balance$162,301
Benefits paid to participants$2,027,409
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.9M · 141 accts · $740K emplr
2023$20.0M · 134 accts · $650K emplr
2022$18.3M · 131 accts · $579K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$871
Total administrative$4,628
The Black Stone Natural Resources Management Company 401(k) match · 2024
Employer contribution per active participant$6,547
Median for plans this size$2,416
2024$6,547 per active participant
2023$6,014 per active participant
2022$5,913 per active participant

Black Stone Natural Resources Management Company'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 · 20242
THE LAMPO GROUP LLC DBA SMARTDOLLAR$3,757

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$4,628 · 0.02%
2023$5,053 · 0.03%
2022$4,528 · 0.02%
Same employer
Similar plansMining, Oil & Gas Extraction · Texas
Killam Oil Co., LTD. TX$24.1M · 0.42%
Tam International, Inc. TX$23.5M · 0.39%
Burk Royalty Co., LTD. TX$23.5M · 0.37%
Tellurian Services LLC TX$23.4M · 0.09%
Finley Resources Inc. TX$22.5M · 0.04%
Enven Energy Ventures LLC TX$22.1M · 0.08%
Maersk Drilling USA, Inc. TX$21.9M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760499297 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.