Plan Ledger DOL Form 5500 · updated monthly

Silverbow Resources, Inc.401(k)

SILVERBOW RESOURCES, INC. EMPLOYEE SAVINGS PLAN · HOUSTON, TX · plan year 2023

Reported admin expense ratio · 2023
0.08%

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

Silverbow Resources, Inc. reported $14,579 in plan administrative expenses for 2023: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,407 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 has held roughly steady near 0.083%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 2,025th-largest of 5,688 plans among Texas employers on file, and 307th of 612 in mining, oil & gas extraction. In 2023, employees put in $1.26 for every $1.00 the employer contributed; active participation has grown from 80 to 134 since 2022.

Plan summary
Net assets, end of year$19,900,870
Participants with balances133
Active participants134
Employer contributions$858,599
Employee contributions$1,080,345
Employer contribution per active participant$6,407
Average account balance$149,631
Benefits paid to participants$522,373
Plan auditUnmodified (clean) audit opinion
AuditorMELTON & MELTON
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $1.4M emplr
2023$19.9M · 133 accts · $859K emplr
2022$15.4M · 104 accts · $626K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$13,220
Investment management$1,359
Total administrative$14,579
The Silverbow Resources, Inc. 401(k) match · 2023
Employer contribution per active participant$6,407
Median for plans this size$2,440
2023$6,407 per active participant
2022$7,821 per active participant

Silverbow Resources, Inc.'s 2023 employer contribution ran above the $2,440 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
SCHWAB RETIREMENT PLAN SERVICES INC · Recordkeeping · Investment advisory (participants)$13,574

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024Not separately reported
2023$14,579 · 0.08%
2022$14,210 · 0.08%
Same employer
Similar plansMining, Oil & Gas Extraction · Texas
Maersk Drilling USA, Inc. TX$21.9M · 0.14%
US Well Services, LLC TX$21.1M · 0.57%
Morningstar Partners, L.P. TX$20.2M · 0.61%
Urban Oil & Gas Group, LLC TX$19.8M · 0.58%
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Jobe Materials, LP TX$19.6M · 0.94%
Ranger Oil Corporation TX$19.2M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 203940661 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.