Plan Ledger DOL Form 5500 · updated monthly

Ecopetrol USA, Inc.401(k)

ECOPETROL USA, INC. 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Ecopetrol USA, Inc. reported $58,218 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $19,844 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 0.26% to 0.22%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 1,566th-largest of 5,688 plans among Texas employers on file, and the 245th of 612 in mining, oil & gas extraction. In 2024, the employer put in $1.13 for every $1.00 employees contributed themselves; active participation has shrunk from 134 to 114 since 2022.

Plan summary
Net assets, end of year$29,315,234
Participants with balances160
Active participants114
Employer contributions$2,262,259
Employee contributions$1,999,795
Employer contribution per active participant$19,844
Average account balance$183,220
Benefits paid to participants$3,489,400
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$29.3M · 160 accts · $2.3M emplr
2023$24.3M · 164 accts · $2.4M emplr
2022$18.5M · 158 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,218
Investment management$20,000
Total administrative$58,218
The Ecopetrol USA, Inc. 401(k) match · 2024
Employer contribution per active participant$19,844
Median for plans this size$2,416
2024$19,844 per active participant
2023$20,240 per active participant
2022$14,083 per active participant

Ecopetrol USA, Inc.'s 2024 employer contribution ran above the $2,416 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$38,218
GALLAGHER FIDUCIARY ADVISORS LLC · Investment advisory (plan)$20,000

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$58,218 · 0.22%
2023$52,890 · 0.25%
2022$49,195 · 0.26%
Same employer
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Pason Systems USA Corp. TX$29.5M · 0.11%
Maguire Oil Company TX$28.7M · 0.22%
Primeenergy Corporation TX$27.4M · 0.15%
Basa Resources, Inc. TX$26.2M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 842554588 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.