Plan Ledger DOL Form 5500 · updated monthly

Scout Energy Management, LLC401(k)

SCOUT ENERGY MANAGEMENT, LLC 401(K) P/S PLAN · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Scout Energy Management, LLC reported $238,288 in plan administrative expenses for 2024: 0.29% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,386 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 0.29%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 692nd-largest of 5,688 plans among Texas employers on file, and the 119th of 612 in mining, oil & gas extraction. In 2024, employees put in $1.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$91,609,019
Participants with balances1,148
Active participants977
Employer contributions$5,262,582
Employee contributions$7,439,124
Employer contribution per active participant$5,386
Average account balance$79,799
Benefits paid to participants$5,834,421
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$91.6M · 1,148 accts · $5.3M emplr
2023$71.1M · 1,063 accts · $5.0M emplr
2022$53.0M · 1,024 accts · $4.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$223,554
Audit (IQPA)$14,734
Total administrative$238,288
The Scout Energy Management, LLC 401(k) match · 2024
Employer contribution per active participant$5,386
Median for plans this size$3,635
2024$5,386 per active participant
2023$4,799 per active participant
2022$4,464 per active participant

Scout Energy Management, 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 · 20245
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$223,554
WEAVER AND TIDWELL LLP · Accounting / audit$14,734
EDWARD JONES · Investment advisory (plan)indirect comp
NOVA 401(K) ASSOCIATES · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect 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$238,288 · 0.29%
2023$199,399 · 0.32%
2022$158,501 · 0.31%
Same employer
Similar plansMining, Oil & Gas Extraction · Texas
Parker Drilling Company TX$96.5M · 0.07%
Kodiak Gas Services, LLC TX$94.0M · 0.14%
Mrc Energy Company TX$92.9M · 0.14%
Sbm Offshore USA, Inc. TX$90.7M · 0.09%
Verdun Management Co LLC TX$89.6M · 0.20%
W & T Offshore, Inc. TX$88.4M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 453236574 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.