Plan Ledger DOL Form 5500 · updated monthly

Gulfport Energy Corporation401(k)

GULFPORT ENERGY CORPORATION 401(K) PROFIT SHARING PLAN · OKLAHOMA CITY, OK · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Gulfport Energy Corporation reported $63,674 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $8,186 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 3 years on file its reported administrative ratio has held roughly steady near 0.18%. 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 150th-largest of 724 plans among Oklahoma employers on file, and the 212th of 612 in mining, oil & gas extraction. In 2024, employees put in $1.33 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$38,650,636
Participants with balances335
Active participants225
Employer contributions$1,841,945
Employee contributions$2,456,705
Employer contribution per active participant$8,186
Average account balance$115,375
Benefits paid to participants$3,519,255
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$38.7M · 335 accts · $1.8M emplr
2023$32.7M · 339 accts · $1.6M emplr
2022$29.7M · 332 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,384
Investment management$49,992
Total administrative$63,674
The Gulfport Energy Corporation 401(k) match · 2024
Employer contribution per active participant$8,186
Median for plans this size$2,416
2024$8,186 per active participant
2023$7,881 per active participant
2022$5,042 per active participant

Gulfport Energy Corporation'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 · 20243
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$49,985
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$12,183
TRISTAR PENSION, LTD · Contract administrator · Other services$200

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$63,674 · 0.18%
2023$61,627 · 0.20%
2022$63,282 · 0.19%
Same employer
Similar plansMining, Oil & Gas Extraction · Oklahoma
Cactus Drilling Company, LLC OK$122.9M · 0.05%
Vital Energy, Inc. OK$64.3M · 0.05%
Unit Corporation OK$60.5M · 0.02%
Canvas Energy LLC OK$42.5M · 0.03%
Mack Energy Co. OK$27.7M · 0.21%
Shebester-Bechtel, Inc. OK$25.4M · 0.13%
Cheyenne Petroleum Company OK$22.6M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731521290 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.