Plan Ledger DOL Form 5500 · updated monthly

Enerplus Resources (USA) Corporation401(k)

ENERPLUS RESOURCES (USA) CORP. 401(K) PLAN · DENVER, CO · plan year 2023

Reported admin expense ratio · 2023
0.27%

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

Enerplus Resources (USA) Corporation reported $100,219 in plan administrative expenses for 2023: 0.27% of average plan assets, below the peer median. Employer contributions averaged $8,839 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 0.26% to 0.28%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 289th-largest of 1,461 plans among Colorado employers on file, and the 203rd of 612 in mining, oil & gas extraction. In 2023, employees put in $1.33 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$41,512,137
Participants with balances285
Active participants248
Employer contributions$2,192,093
Employee contributions$2,911,279
Employer contribution per active participant$8,839
Average account balance$145,657
Benefits paid to participants$3,068,370
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$0
2024$34.4M · 177 accts · $2.1M emplr
2023$41.5M · 285 accts · $2.2M emplr
2022$33.3M · 267 accts · $1.9M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$100,219
Total administrative$100,219
The Enerplus Resources (USA) Corporation 401(k) match · 2023
Employer contribution per active participant$8,839
Median for plans this size$2,440
2024$14,587 per active participant
2023$8,839 per active participant
2022$8,500 per active participant

Enerplus Resources (USA) Corporation's 2023 employer contribution ran above the $2,440 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$100,219
TRUENORTH, INC. · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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

Administrative cost history4
2025Not separately reported
2024$107,818 · 0.28%
2023$100,219 · 0.27%
2022$90,353 · 0.26%
Same employer
Similar plansMining, Oil & Gas Extraction · Colorado
Calfrac Well Services Corp. CO$50.6M · 0.50%
Purewest Resources, Inc. CO$49.2M · 0.06%
Jonah Energy, LLC CO$47.5M · 0.06%
Qb Energy Management, LLC CO$36.9M · 0.42%
Caerus Operating LLC CO$34.6M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751777291 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.