Plan Ledger DOL Form 5500 · updated monthly

Sabine Oil & Gas Corporation401(k)

SABINE OIL & GAS CORPORATION 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Sabine Oil & Gas Corporation reported $17,248 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $9,514 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 0.059% to 0.055%. 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 1,450th-largest of 5,688 plans among Texas employers on file, and the 232nd of 612 in mining, oil & gas extraction. In 2024, employees put in $1.32 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$32,570,251
Participants with balances155
Active participants78
Employer contributions$742,058
Employee contributions$982,597
Employer contribution per active participant$9,514
Average account balance$210,131
Benefits paid to participants$3,671,402
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$32.6M · 155 accts · $742K emplr
2023$29.8M · 163 accts · $746K emplr
2022$26.2M · 172 accts · $675K emplr
Administrative expenses, itemized · 2024
Investment management$14,863
Audit (IQPA)$14,000
Total administrative$17,248
The Sabine Oil & Gas Corporation 401(k) match · 2024
Employer contribution per active participant$9,514
Median for plans this size$2,416
2024$9,514 per active participant
2023$10,365 per active participant
2022$9,503 per active participant

Sabine Oil & Gas Corporation'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 · 20243
MELTON & MELTON LLP · Accounting / audit$14,000
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$11,369
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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$17,248 · 0.06%
2023$9,219 · 0.03%
2022$16,941 · 0.06%
Similar plansMining, Oil & Gas Extraction · Texas
Rees-Jones Holdings LLC TX$35.1M · 0.32%
Txo Energy Gp TX$31.9M · 0.47%
Surge Operating, LLC TX$31.9M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 250484900 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.