Plan Ledger DOL Form 5500 · updated monthly

Chord Energy Corporation401(k)

CHORD ENERGY RETIREMENT SAVINGS PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Chord Energy Corporation reported $150,412 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $8,919 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 0.24% to 0.14%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 546th-largest of 5,688 plans among Texas employers on file, and the 96th of 612 in mining, oil & gas extraction. In 2024, employees put in $1.16 for every $1.00 the employer contributed; active participation has grown from 540 to 712 since 2022.

Plan summary
Net assets, end of year$122,216,492
Participants with balances1,051
Active participants712
Employer contributions$6,350,011
Employee contributions$7,379,818
Employer contribution per active participant$8,919
Average account balance$116,286
Benefits paid to participants$9,483,709
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$122.2M · 1,051 accts · $6.4M emplr
2023$95.3M · 801 accts · $4.1M emplr
2022$82.6M · 816 accts · $3.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,654
Investment management$79,958
Audit (IQPA)$16,800
Total administrative$150,412
The Chord Energy Corporation 401(k) match · 2024
Employer contribution per active participant$8,919
Median for plans this size$3,635
2024$8,919 per active participant
2023$8,192 per active participant
2022$6,529 per active participant

Chord Energy Corporation's 2024 employer contribution ran above the $3,635 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 · 20243
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$79,958
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$53,654
WEAVER AND TIDWELL, LLP · Accounting / audit$16,800

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$150,412 · 0.14%
2023$142,124 · 0.16%
2022$198,719 · 0.24%
Same employer
Similar plansMining, Oil & Gas Extraction · Texas
Seadrill Americas Inc. TX$146.6M · 0.00%
Select Water Solutions, Inc. TX$126.2M · 0.23%
J-W Power Company TX$119.4M · 0.12%
Tetra Technologies, Inc. TX$113.6M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800554627 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.