Plan Ledger DOL Form 5500 · updated monthly

Pdc Energy, Inc.401(k)

THE PDC ENERGY, INC. 401(K) & PROFIT SHARING PLAN · DENVER, CO · plan year 2023

Reported admin expense ratio · 2023
0.11%

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

Pdc Energy, Inc. reported $136,189 in plan administrative expenses for 2023: 0.11% of average plan assets, below the peer median. Employer contributions averaged $20,938 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 1 year on file its reported administrative ratio fell from 0.12% to 0.11%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 107th-largest of 1,461 plans among Colorado employers on file, and the 88th of 612 in mining, oil & gas extraction. In 2023, the employer put in $1.26 for every $1.00 employees contributed themselves; active participation has shrunk from 613 to 543 since 2022.

Plan summary
Net assets, end of year$138,990,978
Participants with balances798
Active participants543
Employer contributions$11,369,566
Employee contributions$9,008,879
Employer contribution per active participant$20,938
Average account balance$174,174
Benefits paid to participants$15,131,479
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $5.2M emplr
2023$139.0M · 798 accts · $11.4M emplr
2022$111.6M · 815 accts · $8.8M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$79,251
Investment management$56,938
Total administrative$136,189
The Pdc Energy, Inc. 401(k) match · 2023
Employer contribution per active participant$20,938
Median for plans this size$3,659
2023$20,938 per active participant
2022$14,295 per active participant

Pdc Energy, Inc.'s 2023 employer contribution ran above the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$79,251
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$56,938

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

Administrative cost history3
2024Not separately reported
2023$136,189 · 0.11%
2022$140,326 · 0.12%
Same employer
Similar plansMining, Oil & Gas Extraction · Colorado
Kinross Gold U.S.A., Inc CO$407.6M · 0.06%
Newmont USA Limited CO$341.3M · 0.09%
Sm Energy Company CO$190.3M · 0.03%
Antero Resources Corporation CO$100.0M · 0.02%
Orica USA 401K Plan CO$90.6M · 0.21%
Westmoreland Mining LLC CO$79.3M · 0.21%
Intrepid Potash, Inc. CO$63.9M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952636730 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.