Plan Ledger DOL Form 5500 · updated monthly

Greater Opportunities of the PDC plan

401(K) PROFIT SHARING PLAN FOR EMPLOYEES OF GREATER OPPORTUNITIES OF THE PERMIAN BASIN, INC. · ODESSA, TX · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Greater Opportunities of the P reported $469 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $909 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 0.01% to 0.02%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Texas (4,800th of 5,688), and 9,780th of 11,911 in health care & social assistance. In 2024, the employer put in $1.28 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$2,324,963
Participants with balances170
Active participants178
Employer contributions$161,823
Employee contributions$126,814
Employer contribution per active participant$909
Average account balance$13,676
Benefits paid to participants$418,791
Plan auditUnmodified (clean) audit opinion
AuditorCONDLEY & COMPANY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$2.3M · 170 accts · $162K emplr
2023$2.2M · 286 accts · $168K emplr
2022$1.8M · 295 accts · $143K emplr
Employer contributions to the Greater Opportunities of the P plan · 2024
Employer contribution per active participant$909
Median for plans this size$1,313
2024$909 per active participant
2023$993 per active participant
2022$808 per active participant

Greater Opportunities of the P's 2024 employer contribution ran below the $1,313 median for plans its size. 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
MUTUAL OF AMERICA INVESTMENT CORP · Claims processing · Recordkeeping$1,293

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

Recordkeeper by year2
2024Mutual of America
2023Mutual of America

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

Administrative cost history3
2024$469 · 0.02%
2023$2,719 · 0.13%
2022$179 · 0.01%
Same employer
Similar plansHealth Care & Social Assistance · Texas
Cathy Home Care LTD. TX$2.5M · 0.08%
Medical Clinic of Sealy TX$2.4M · 0.01%
Hospice of El Paso, Inc. TX$2.4M · 0.01%
Caregiver 2, Inc. TX$2.3M · 1.70%
Smw Health Network, LLC TX$2.3M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 756053898 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.