Plan Ledger DOL Form 5500 · updated monthly

Mack Energy Co.401(k)

MACK ENERGY CO. CASH OR DEFERRED PROFIT SHARING RETIREMENT PLAN · OKLAHOMA CITY, OK · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Mack Energy Co. reported $54,546 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $9,300 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 0.28% to 0.21%. 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 188th-largest of 724 plans among Oklahoma employers on file, and the 250th of 612 in mining, oil & gas extraction. In 2024, the employer put in $1.19 for every $1.00 employees contributed themselves; active participation has grown from 116 to 142 since 2022.

Plan summary
Net assets, end of year$27,732,787
Participants with balances160
Active participants142
Employer contributions$1,320,667
Employee contributions$1,113,268
Employer contribution per active participant$9,300
Average account balance$173,330
Benefits paid to participants$2,510,771
Plan auditUnmodified (clean) audit opinion
AuditorFREEMON, SHAPARD & STORY
Plan history3
Yearassets · accounts · employer contribution
2024$27.7M · 160 accts · $1.3M emplr
2023$24.1M · 161 accts · $1.2M emplr
2022$19.6M · 130 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,546
Total administrative$54,546
The Mack Energy Co. 401(k) match · 2024
Employer contribution per active participant$9,300
Median for plans this size$2,416
2024$9,300 per active participant
2023$8,601 per active participant
2022$8,816 per active participant

Mack Energy Co.'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 · 20242
BANCFIRST$40,000

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$54,546 · 0.21%
2023$40,119 · 0.18%
2022$61,812 · 0.28%
Same employer
Similar plansMining, Oil & Gas Extraction · Oklahoma
Vital Energy, Inc. OK$64.3M · 0.05%
Unit Corporation OK$60.5M · 0.02%
Canvas Energy LLC OK$42.5M · 0.03%
Gulfport Energy Corporation OK$38.7M · 0.18%
Shebester-Bechtel, Inc. OK$25.4M · 0.13%
Cheyenne Petroleum Company OK$22.6M · 0.05%
American Cementing, LLC OK$19.6M · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731122060 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.