Plan Ledger DOL Form 5500 · updated monthly

Championx LLC401(k)

CHAMPIONX 401(K) PLAN · SUGAR LAND, TX · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Championx LLC reported $437,061 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $7,448 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 0.07% to 0.06%. 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 159th-largest of 5,688 plans among Texas employers on file, and the 22nd of 612 in mining, oil & gas extraction. In 2024, employees put in $1.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$724,119,202
Participants with balances5,191
Active participants4,147
Employer contributions$30,888,899
Employee contributions$37,957,224
Employer contribution per active participant$7,448
Average account balance$139,495
Benefits paid to participants$68,779,595
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$724.1M · 5,191 accts · $30.9M emplr
2023$633.0M · 5,325 accts · $29.9M emplr
2022$520.6M · 5,207 accts · $31.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$235,182
Investment management$201,879
Total administrative$437,061
The Championx LLC 401(k) match · 2024
Employer contribution per active participant$7,448
Median for plans this size$4,294
2024$7,448 per active participant
2023$6,950 per active participant
2022$7,360 per active participant

Championx LLC'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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$235,232
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$201,879

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$437,061 · 0.06%
2023$406,872 · 0.07%
2022$372,165 · 0.07%
Same employer
Similar plansMining, Oil & Gas Extraction · Texas
Hilcorp Energy Company TX$817.8M · 0.04%
Apache Corporation TX$715.3M · 0.03%
Patterson-Uti Energy, Inc TX$613.0M · 0.09%
Coterra Energy Inc. TX$534.4M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 361520480 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.