Plan Ledger DOL Form 5500 · updated monthly

Civitas Resources, Inc.401(k)

CIVITAS RESOURCES, INC. 401(K) PLAN · DENVER, CO · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Civitas Resources, Inc. reported $75,976 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $8,184 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 0.15% 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 202nd-largest of 1,461 plans among Colorado employers on file, and the 155th of 612 in mining, oil & gas extraction. In 2024, employees put in $1.41 for every $1.00 the employer contributed; active participation has grown from 344 to 652 since 2022.

Plan summary
Net assets, end of year$61,788,800
Participants with balances813
Active participants652
Employer contributions$5,336,271
Employee contributions$7,536,696
Employer contribution per active participant$8,184
Average account balance$76,001
Benefits paid to participants$6,197,474
Plan auditUnmodified (clean) audit opinion
AuditorRICHEY MAY & CO
Plan history3
Yearassets · accounts · employer contribution
2024$61.8M · 813 accts · $5.3M emplr
2023$43.9M · 629 accts · $3.2M emplr
2022$34.0M · 497 accts · $2.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,879
Investment management$23,097
Total administrative$75,976
The Civitas Resources, Inc. 401(k) match · 2024
Employer contribution per active participant$8,184
Median for plans this size$3,635
2024$8,184 per active participant
2023$6,703 per active participant
2022$7,448 per active participant

Civitas Resources, Inc.'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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$53,710
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$23,097

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$75,976 · 0.14%
2023$42,664 · 0.11%
2022$51,765 · 0.15%
Same employer
Similar plansMining, Oil & Gas Extraction · Colorado
Antero Resources Corporation CO$100.0M · 0.02%
Orica USA 401K Plan CO$90.6M · 0.21%
Westmoreland Mining LLC CO$79.3M · 0.21%
Intrepid Potash, Inc. CO$63.9M · 0.28%
Calfrac Well Services Corp. CO$50.6M · 0.50%
Purewest Resources, Inc. CO$49.2M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611630631 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.