Plan Ledger DOL Form 5500 · updated monthly

Ovintiv USA Inc.401(k)

OVINTIV U.S. RETIREMENT PLAN · DENVER, CO · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Ovintiv USA Inc. reported $276,826 in plan administrative expenses for 2024: 0.05% of average plan assets, below the peer median. Employer contributions averaged $20,365 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 rose from 0.03% to 0.05%. 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 35th-largest of 1,461 plans among Colorado employers on file, and the 30th of 612 in mining, oil & gas extraction. In 2024, the employer put in $1.39 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$547,163,892
Participants with balances1,907
Active participants948
Employer contributions$19,306,387
Employee contributions$13,855,726
Employer contribution per active participant$20,365
Average account balance$286,924
Benefits paid to participants$55,301,398
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$547.2M · 1,907 accts · $19.3M emplr
2023$505.6M · 2,056 accts · $18.8M emplr
2022$451.9M · 2,122 accts · $17.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$132,661
Investment management$144,165
Total administrative$276,826
The Ovintiv USA Inc. 401(k) match · 2024
Employer contribution per active participant$20,365
Median for plans this size$4,294
2024$20,365 per active participant
2023$18,742 per active participant
2022$17,230 per active participant

Ovintiv USA Inc.'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
EDELMAN FINANCIAL ENGINES, LLC · Investment advisory (participants)$144,165
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$132,661

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$276,826 · 0.05%
2023$206,690 · 0.04%
2022$136,399 · 0.03%
Same employer
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Alliance Coal, LLC OK$638.9M · 0.10%
Patterson-Uti Energy, Inc TX$613.0M · 0.09%
Eqt Corporation PA$549.8M · 0.02%
Coterra Energy Inc. TX$534.4M · 0.02%
The Brink's Company VA$508.3M · 0.09%
Crc Services, LLC CA$501.4M · 0.06%
Aera Energy Services Company CA$466.0M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 980087558 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.