Plan Ledger DOL Form 5500 · updated monthly

Crc Services, LLC401(k)

CALIFORNIA RESOURCES CORPORATION SAVINGS PLAN · LONG BEACH, CA · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Crc Services, LLC reported $281,279 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $10,136 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 1 year on file its reported administrative ratio rose from 0.03% 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 261st-largest of 9,483 plans among California employers on file, and the 33rd of 612 in mining, oil & gas extraction. In 2024, the employer put in $1.04 for every $1.00 employees contributed themselves; active participation has grown from 1,090 to 1,565 since 2022.

Plan summary
Net assets, end of year$501,427,933
Participants with balances2,465
Active participants1,565
Employer contributions$15,862,563
Employee contributions$15,293,471
Employer contribution per active participant$10,136
Average account balance$203,419
Benefits paid to participants$50,061,181
Plan auditUnmodified (clean) audit opinion
AuditorKPMG LLP
Plan history3
Yearassets · accounts · employer contribution
2024$501.4M · 2,465 accts · $15.9M emplr
2023$448.6M · 1,566 accts · $16.3M emplr
2022$381.2M · 1,649 accts · $16.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$180,330
Total administrative$281,279
The Crc Services, LLC 401(k) match · 2024
Employer contribution per active participant$10,136
Median for plans this size$4,294
2024$10,136 per active participant
2023$16,625 per active participant
2022$15,303 per active participant

Crc Services, 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$180,367
MERCER INVESTMENT MANAGEMENT · Investment management$100,949

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$281,279 · 0.06%
2023$118,082 · 0.03%
2022Not separately reported
Same employer
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Eqt Corporation PA$549.8M · 0.02%
Ovintiv USA Inc. CO$547.2M · 0.05%
Coterra Energy Inc. TX$534.4M · 0.02%
The Brink's Company VA$508.3M · 0.09%
Aera Energy Services Company CA$466.0M · 0.09%
Cnx Resources Corporation PA$449.4M · 0.05%
Choctaw Nation of Oklahoma OK$424.7M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 465676989 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.