Plan Ledger DOL Form 5500 · updated monthly

Sheridan Production Operating Company, LLC401(k)

SHERIDAN PRODUCTION OPERATING COMPANY, LLC 401(K) SAVINGS PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Sheridan Production Operating Company, LLC reported $67,187 in plan administrative expenses for 2024: 0.18% of average plan assets, below the peer median. Employer contributions averaged $10,536 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 0.21% to 0.18%. 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 1,289th-largest of 5,688 plans among Texas employers on file, and the 217th of 612 in mining, oil & gas extraction. In 2024, the employer put in $1.08 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$38,044,476
Participants with balances211
Active participants101
Employer contributions$1,064,146
Employee contributions$983,741
Employer contribution per active participant$10,536
Average account balance$180,306
Benefits paid to participants$4,803,136
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$38.0M · 211 accts · $1.1M emplr
2023$35.4M · 232 accts · $1.2M emplr
2022$30.9M · 258 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,674
Investment management$62,513
Total administrative$67,187
The Sheridan Production Operating Company, LLC 401(k) match · 2024
Employer contribution per active participant$10,536
Median for plans this size$2,416
2024$10,536 per active participant
2023$11,850 per active participant
2022$9,942 per active participant

Sheridan Production Operating Company, 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.

Service providers · 20242
MERRILLLYNCH · Investment advisory (participants)$62,513
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$4,674

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$67,187 · 0.18%
2023$40,151 · 0.12%
2022$72,881 · 0.21%
Same employer
Similar plansMining, Oil & Gas Extraction · Texas
Cox Operating, LLC TX$41.0M · 0.57%
Amplify Energy Services LLC TX$37.9M · 0.02%
Seismic Exchange, Inc. TX$37.4M · 0.01%
Eco-Bat Technologies LTD. TX$37.0M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 834040568 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.