Plan Ledger DOL Form 5500 · updated monthly

Citation Oil & Gas Corp.401(k)

CITATION OIL & GAS CORP. RETIREMENT SAVINGS PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Citation Oil & Gas Corp. reported $206,489 in plan administrative expenses for 2024: 0.22% of average plan assets, above the peer median. Employer contributions averaged $5,721 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 rose from 0.19% to 0.22%. 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 652nd-largest of 5,688 plans among Texas employers on file, and the 111th of 612 in mining, oil & gas extraction. In 2024, employees put in $1.49 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$99,948,781
Participants with balances607
Active participants496
Employer contributions$2,837,762
Employee contributions$4,238,170
Employer contribution per active participant$5,721
Average account balance$164,660
Benefits paid to participants$6,922,923
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$99.9M · 607 accts · $2.8M emplr
2023$88.6M · 580 accts · $2.6M emplr
2022$77.8M · 573 accts · $2.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$131,383
Investment management$75,106
Total administrative$206,489
The Citation Oil & Gas Corp. 401(k) match · 2024
Employer contribution per active participant$5,721
Median for plans this size$3,635
2024$5,721 per active participant
2023$5,261 per active participant
2022$4,875 per active participant

Citation Oil & Gas Corp.'s 2024 employer contribution ran above the $3,635 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 · 20242
LINCOLN NATIONAL CORPORATION · Contract administrator$131,383
CREATIVE PLANNING, LLC · Investment advisory (plan)$75,106

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$206,489 · 0.22%
2023$220,770 · 0.27%
2022$166,121 · 0.19%
Same employer
Similar plansMining, Oil & Gas Extraction · Texas
Eni US Operating Co. Inc. TX$112.4M · 0.22%
Kosmos Energy, LLC TX$111.6M · 0.00%
Profrac Holdings II, LLC TX$103.9M · 0.31%
Key Energy Services, Inc. TX$99.9M · 0.17%
Parker Drilling Company TX$96.5M · 0.07%
Kodiak Gas Services, LLC TX$94.0M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742163444 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.