Plan Ledger DOL Form 5500 · updated monthly

The Ridgemont Company, Inc.401(k)

THE RIDGEMONT COMPANY, INC. 401(K) RETIREMENT SAVINGS PLAN · IRVING, TX · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

The Ridgemont Company, Inc. reported $52,542 in plan administrative expenses for 2024: 0.55% of average plan assets, above the peer median. Employer contributions averaged $1,390 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 0.61% to 0.55%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Texas (3,084th of 5,688), and 3,108th of 5,337 in construction. In 2024, employees put in $5.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,876,929
Participants with balances95
Active participants85
Employer contributions$118,146
Employee contributions$695,730
Employer contribution per active participant$1,390
Average account balance$103,968
Benefits paid to participants$1,094,040
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.9M · 95 accts · $118K emplr
2023$9.1M · 102 accts · $160K emplr
2022$7.7M · 102 accts · $149K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,542
Total administrative$52,542
The The Ridgemont Company, Inc. 401(k) match · 2024
Employer contribution per active participant$1,390
Median for plans this size$1,313
2024$1,390 per active participant
2023$1,697 per active participant
2022$1,696 per active participant

The Ridgemont Company, Inc.'s 2024 employer contribution ran above the $1,313 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 · 20241

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$52,542 · 0.55%
2023$54,197 · 0.64%
2022$51,034 · 0.61%
Same employer
Similar plansConstruction · Texas
Stylecraft Builders, Inc. TX$10.2M · 0.83%
Batjer & Associates, LLC TX$10.0M · 0.75%
Patriot Erectors, LLC TX$9.7M · 0.83%
Milestone Electric, Inc. TX$9.6M · 0.93%

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Source: U.S. Department of Labor, Form 5500 series, EIN 751515482 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.