Plan Ledger DOL Form 5500 · updated monthly

Chesapeake Energy Corporation401(k)

CHESAPEAKE ENERGY CORPORATION SAVINGS AND INCENTIVE STOCK BONUS PLAN · OKLAHOMA CITY, OK · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Chesapeake Energy Corporation reported $265,773 in plan administrative expenses for 2024: 0.04% of average plan assets, below the peer median. Employer contributions averaged $5,277 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 0.06% to 0.04%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 14th-largest of 724 plans among Oklahoma employers on file, and the 278th of 11,654 in professional & technical services. In 2024, employees put in $1.58 for every $1.00 the employer contributed; active participation has grown from 1,192 to 1,742 since 2022.

Plan summary
Net assets, end of year$639,787,305
Participants with balances3,572
Active participants1,742
Employer contributions$9,191,821
Employee contributions$14,482,717
Employer contribution per active participant$5,277
Average account balance$179,112
Benefits paid to participants$72,869,644
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$639.8M · 3,572 accts · $9.2M emplr
2023$571.5M · 2,832 accts · $9.6M emplr
2022$506.6M · 3,161 accts · $24.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$60,501
Investment management$113,772
Total administrative$265,773
The Chesapeake Energy Corporation 401(k) match · 2024
Employer contribution per active participant$5,277
Median for plans this size$4,294
2024$5,277 per active participant
2023$10,015 per active participant
2022$20,749 per active participant

Chesapeake Energy Corporation's 2024 employer contribution ran above the $4,294 median for plans its size. 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
FINANCIAL ENGINES · Investment advisory (plan)$113,772
MERCER · Consulting$91,500
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$62,251

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$265,773 · 0.04%
2023$324,277 · 0.06%
2022$312,714 · 0.06%
Same employer
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Godaddy.com, LLC AZ$641.6M · 0.09%
Fish & Richardson P.C. MN$641.0M · 0.04%
Dayforce US, Inc. MN$633.5M · 0.06%
Moss Adams LLP WA$633.4M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731395733 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.