Plan Ledger DOL Form 5500 · updated monthly

Scm Operations LLC401(k)

SCM OPERATIONS LLC - 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.44%

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

Scm Operations LLC reported $44,480 in plan administrative expenses for 2024: 0.44% of average plan assets, above the peer median. Employer contributions averaged $7,819 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 3 years on file its reported administrative ratio has held roughly steady near 0.44%. 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 among the smaller plans on file in Texas (2,854th of 5,688), and 395th of 612 in mining, oil & gas extraction. In 2024, employees put in $1.33 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,600,349
Participants with balances190
Active participants145
Employer contributions$1,133,781
Employee contributions$1,511,205
Employer contribution per active participant$7,819
Average account balance$61,054
Benefits paid to participants$1,172,948
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.6M · 190 accts · $1.1M emplr
2023$8.8M · 189 accts · $1.1M emplr
2022$5.0M · 177 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$38,599
Investment management$5,881
Total administrative$44,480
The Scm Operations LLC 401(k) match · 2024
Employer contribution per active participant$7,819
Median for plans this size$2,416
2024$7,819 per active participant
2023$7,196 per active participant
2022$6,453 per active participant

Scm Operations LLC'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.

Administrative cost history3
2024$44,480 · 0.44%
2023$28,570 · 0.42%
2022$19,134 · 0.45%
Same employer
Similar plansMining, Oil & Gas Extraction · Texas
White Rock Oil & Gas, LLC TX$12.6M · 0.91%
Formentera Partners, LP TX$12.1M · 0.64%
Clearwell Dynamics, LLC TX$11.9M · 0.37%
Ensign Management LLC TX$11.9M · 0.15%
Goodnight Midstream, LLC TX$11.2M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 852157656 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.