Plan Ledger DOL Form 5500 · updated monthly

Halliburton Company401(k)

HALLIBURTON RETIREMENT AND SAVINGS PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Halliburton Company reported $1,690,000 in plan administrative expenses for 2024: 0.04% of average plan assets, below the peer median. Employer contributions averaged $7,298 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 0.041% to 0.038%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 30th-largest of 5,688 plans among Texas employers on file, and the 3rd of 612 in mining, oil & gas extraction. In 2024, employees put in $1.51 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,536,013,000
Participants with balances24,396
Active participants14,859
Employer contributions$108,441,000
Employee contributions$163,227,000
Employer contribution per active participant$7,298
Average account balance$185,933
Benefits paid to participants$487,826,000
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.5B · 24,396 accts · $108.4M emplr
2023$4.2B · 26,015 accts · $115.6M emplr
2022$3.8B · 26,575 accts · $102.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,647,000
Audit (IQPA)$33,000
Trustee / custodial$8,000
Total administrative$1,690,000
The Halliburton Company 401(k) match · 2024
Employer contribution per active participant$7,298
Median for plans this size$5,259
2024$7,298 per active participant
2023$7,552 per active participant
2022$6,783 per active participant

Halliburton Company's 2024 employer contribution ran above the $5,259 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 · 20246
MERCER INVESTMENT CONSULTING, INC. · Participant communication$293,053
WEAVER AND TIDWELL, LLP · Accounting / audit$32,550
QDRO CONSULTANTS COMPANY, LLC · Consulting$13,050
THE NORTHERN TRUST COMPANY · Trustee$7,561

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$1,690,000 · 0.04%
2023$1,753,000 · 0.04%
2022$1,722,000 · 0.04%
All plans at this employer2
HALLIBURTON RETIREMENT AND SAVINGS PLAN401(k)
HALLIBURTON SAVINGS PLAN401(k)
Same employer
Similar plansMining, Oil & Gas Extraction · Texas
Conocophillips Company TX$7.8B · 0.02%
Crh Americas, Inc. GA$4.8B · 0.02%
Baker Hughes Holdings LLC TX$4.0B · 0.04%
Energy Transfer LP TX$2.8B · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752677995 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.