Plan Ledger DOL Form 5500 · updated monthly

Southwestern Energy Company401(k)

SOUTHWESTERN ENERGY COMPANY 401K SAVINGS PLAN · SPRING, TX · plan year 2023

Reported admin expense ratio · 2023
0.14%

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

Southwestern Energy Company reported $263,110 in plan administrative expenses for 2023: 0.14% of average plan assets, above the peer median. Employer contributions averaged $5,368 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 rose from 0.13% to 0.18%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other management of companies employers. By assets it is the 386th-largest of 5,688 plans among Texas employers on file, and the 142nd of 786 in management of companies. In 2023, employees put in $1.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$208,278,858
Participants with balances1,766
Active participants1,218
Employer contributions$6,537,842
Employee contributions$9,995,925
Employer contribution per active participant$5,368
Average account balance$117,938
Benefits paid to participants$15,697,972
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$0
2024$109.4M · 915 accts · $20.5M emplr
2023$208.3M · 1,766 accts · $6.5M emplr
2022$159.6M · 1,866 accts · $5.9M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$239,610
Total administrative$263,110
The Southwestern Energy Company 401(k) match · 2023
Employer contribution per active participant$5,368
Median for plans this size$3,659
2023$5,368 per active participant
2022$4,966 per active participant

Southwestern Energy Company's 2023 employer contribution ran above the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$239,618
COOK STREET CONSULTING$23,500

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

Recordkeeper by year3
2025Bank of America / Merrill
2024Bank of America / Merrill
2023Bank of America / Merrill

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Administrative cost history4
2025Not separately reported
2024$281,477 · 0.18%
2023$263,110 · 0.14%
2022$218,400 · 0.13%
Same employer
Similar plansManagement of Companies · Texas
Team, Inc. TX$357.2M · 0.03%
Contran Corporation TX$293.3M · 0.02%
Globe Life Inc. TX$293.2M · 0.06%
Warren Equipment Company TX$238.6M · 0.17%
Hunting U.S. Holdings, Inc. TX$194.0M · 0.14%
Equipment Depot, Inc. TX$155.2M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 710205415 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.