Plan Ledger DOL Form 5500 · updated monthly

Hilcorp Energy Company401(k)

HILCORP ENERGY COMPANY 401(K) SAVINGS PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Hilcorp Energy Company reported $285,600 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $9,994 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 0.05% to 0.04%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 141st-largest of 5,688 plans among Texas employers on file, and the 19th of 612 in mining, oil & gas extraction. In 2024, employees put in $1.63 for every $1.00 the employer contributed; active participation has grown from 3,430 to 3,848 since 2022.

Plan summary
Net assets, end of year$817,833,350
Participants with balances4,228
Active participants3,848
Employer contributions$38,455,033
Employee contributions$62,513,713
Employer contribution per active participant$9,994
Average account balance$193,433
Benefits paid to participants$49,294,112
Plan auditUnmodified (clean) audit opinion
AuditorHARPER & PEARSON COMPANY, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$817.8M · 4,228 accts · $38.5M emplr
2023$659.2M · 3,892 accts · $37.6M emplr
2022$502.6M · 3,725 accts · $30.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$233,198
Investment management$39,000
Total administrative$285,600
The Hilcorp Energy Company 401(k) match · 2024
Employer contribution per active participant$9,994
Median for plans this size$4,294
2024$9,994 per active participant
2023$10,256 per active participant
2022$9,021 per active participant

Hilcorp Energy Company's 2024 employer contribution ran above the $4,294 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
T ROWE PRICE RPS INC · Recordkeeping · Trustee$233,198
GALLAGHER FIDUCIARY ADVISORS, LLC · Consulting · Investment advisory (plan)$52,000

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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

Administrative cost history3
2024$285,600 · 0.04%
2023$309,771 · 0.05%
2022$235,072 · 0.05%
Same employer
Similar plansMining, Oil & Gas Extraction · Texas
Energy Transfer LP TX$2.8B · 0.05%
Eog Resources, Inc. TX$1.3B · 0.02%
Marathon Oil Company TX$923.2M · 0.03%
Championx LLC TX$724.1M · 0.06%
Apache Corporation TX$715.3M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760244942 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.