Plan Ledger DOL Form 5500 · updated monthly

Diamondback E & P LLC401(k)

DIAMONDBACK E & P LLC 401(K) PLAN · OKLAHOMA CITY, OK · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Diamondback E & P LLC reported $184,071 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $15,292 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 0.07% to 0.08%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other management of companies employers. By assets it is the 33rd-largest of 724 plans among Oklahoma employers on file, and the 130th of 786 in management of companies. In 2024, the employer put in $1.28 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$250,748,021
Participants with balances1,443
Active participants1,028
Employer contributions$15,720,529
Employee contributions$12,311,088
Employer contribution per active participant$15,292
Average account balance$173,769
Benefits paid to participants$21,640,952
Plan auditUnmodified (clean) audit opinion
AuditorROSE ROCK CPAS, PLLC
Plan history2
Yearassets · accounts · employer contribution
2024$250.7M · 1,443 accts · $15.7M emplr
2022$166.7M · 1,354 accts · $11.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$113,029
Investment management$71,042
Total administrative$184,071
The Diamondback E & P LLC 401(k) match · 2024
Employer contribution per active participant$15,292
Median for plans this size$3,635
2024$15,292 per active participant
2022$12,343 per active participant

Diamondback E & P LLC'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 · 20241
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$183,996

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

Administrative cost history2
2024$184,071 · 0.08%
2022$133,861 · 0.07%
Same employer
Similar plansManagement of Companies · Oklahoma
Oge Energy Corp. OK$834.1M · 0.05%
Midfirst Bank OK$485.6M · 0.11%
Schusterman Interests, LLC OK$172.5M · 0.01%
Lsb Industries, Inc. OK$60.3M · 0.08%
Mach Resources, LLC OK$48.6M · 0.20%
Sandridge Energy, Inc. OK$42.3M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364728559 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.