Plan Ledger DOL Form 5500 · updated monthly

Callon Petroleum Company401(k)

CALLON PETROLEUM COMPANY EMPLOYEE SAVINGS & PROTECTION PLAN · HOUSTON, TX · plan year 2023

Reported admin expense ratio · 2023
0.14%

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

Callon Petroleum Company reported $71,886 in plan administrative expenses for 2023: 0.14% of average plan assets, below the peer median. Employer contributions averaged $13,630 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 0.20% to 0.15%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 1,016th-largest of 5,688 plans among Texas employers on file, and the 170th of 612 in mining, oil & gas extraction. In 2023, employees put in $1.16 for every $1.00 the employer contributed; active participation has shrunk from 355 to 277 since 2022.

Plan summary
Net assets, end of year$53,159,694
Participants with balances454
Active participants277
Employer contributions$3,775,464
Employee contributions$4,394,371
Employer contribution per active participant$13,630
Average account balance$117,092
Benefits paid to participants$10,805,518
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$0 · $35K emplr
2024$31.7M · 219 accts · $922K emplr
2023$53.2M · 454 accts · $3.8M emplr
2022$46.2M · 485 accts · $3.5M emplr
Administrative expenses, itemized · 2023
Investment management$75,750
Total administrative$71,886
The Callon Petroleum Company 401(k) match · 2023
Employer contribution per active participant$13,630
Median for plans this size$2,440
2023$13,630 per active participant
2022$9,957 per active participant

Callon Petroleum Company's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
REGIONS BANK · Investment advisory (plan)$57,132
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$18,618
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 history4
2025Not separately reported
2024$63,225 · 0.15%
2023$71,886 · 0.14%
2022$98,008 · 0.20%
Similar plansMining, Oil & Gas Extraction · Texas
Nine Energy Service, LLC TX$59.7M · 0.27%
Propetro Services, Inc. TX$57.2M · 0.25%
Ecobat, LLC TX$56.6M · 0.06%
Hep Services LLC TX$53.9M · 0.20%
Encino Energy, LLC TX$52.7M · 0.06%
Crownquest Operating, L.L.C TX$51.7M · 0.18%
Csi Compressco Gp, LLC TX$51.1M · 0.03%
Pacific Drilling TX$50.7M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 640844345 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.