Plan Ledger DOL Form 5500 · updated monthly

Ngl Energy Holdings, LLC401(k)

NGL ENERGY 401(K) PLAN · TULSA, OK · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Ngl Energy Holdings, LLC reported $198,799 in plan administrative expenses for 2024: 0.18% of average plan assets, above the peer median. Employer contributions averaged $5,161 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 0.19% to 0.18%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other utilities employers. By assets it is the 51st-largest of 724 plans among Oklahoma employers on file, and the 124th of 412 in utilities. In 2024, employees put in $1.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$117,224,426
Participants with balances1,218
Active participants549
Employer contributions$2,833,581
Employee contributions$5,229,142
Employer contribution per active participant$5,161
Average account balance$96,243
Benefits paid to participants$11,120,857
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$117.2M · 1,218 accts · $2.8M emplr
2023$106.5M · 1,297 accts · $3.0M emplr
2022$93.7M · 1,327 accts · $3.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$146,608
Investment management$52,191
Total administrative$198,799
The Ngl Energy Holdings, LLC 401(k) match · 2024
Employer contribution per active participant$5,161
Median for plans this size$3,635
2024$5,161 per active participant
2023$5,107 per active participant
2022$5,611 per active participant

Ngl Energy Holdings, LLC's 2024 employer contribution ran above the $3,635 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 · 20243
MILLIMAN, INC. · Recordkeeping · Pension consulting$140,233
CAPTRUST · Investment advisory (plan)$52,191
MORGAN STANLEY · Investment advisory (plan)$6,375

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

Recordkeeper by year2
2024Milliman
2023Milliman

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

Administrative cost history3
2024$198,799 · 0.18%
2023$218,970 · 0.22%
2022$209,340 · 0.19%
Same employer
Similar plansUtilities · Oklahoma
Interstate Gas Supply, LLC OH$128.8M · 0.09%
Edf Renewables CA$123.2M · 0.12%
Riveron Consulting, LLC TX$121.9M · 0.06%
Aquarion Water Company CT$108.0M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273423067 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.