Plan Ledger DOL Form 5500 · updated monthly

Denbury Inc.401(k)

DENBURY INC. 401(K) PROFIT SHARING PLAN · PLANO, TX · plan year 2023

Reported admin expense ratio · 2023
0.04%

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

Denbury Inc. reported $69,240 in plan administrative expenses for 2023: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,327 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 fell from 0.05% to 0.04%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 388th-largest of 5,688 plans among Texas employers on file, and the 67th of 612 in mining, oil & gas extraction. In 2023, employees put in $1.36 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$207,352,288
Participants with balances941
Active participants809
Employer contributions$6,736,838
Employee contributions$9,133,738
Employer contribution per active participant$8,327
Average account balance$220,353
Benefits paid to participants$20,762,518
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $3.5M emplr
2023$207.4M · 941 accts · $6.7M emplr
2022$181.1M · 942 accts · $5.8M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$19,600
Audit (IQPA)$28,634
Total administrative$69,240
The Denbury Inc. 401(k) match · 2023
Employer contribution per active participant$8,327
Median for plans this size$3,659
2023$8,327 per active participant
2022$7,554 per active participant

Denbury Inc.'s 2023 employer contribution ran above the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$19,600
WHITLEY PENN LLP · Accounting / audit$28,634
POLSINELLI$20,981

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024Not separately reported
2023$69,240 · 0.04%
2022$98,392 · 0.05%
Same employer
Similar plansMining, Oil & Gas Extraction · Texas
Petro-Hunt, L.L.C. TX$224.8M · 0.04%
Nextier Holding Co. TX$215.4M · 0.30%
U.S. Silica Company TX$215.0M · 0.10%
Genesis Energy, LLC TX$184.7M · 0.06%
Frank's International, LLC TX$179.1M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 200467835 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.