Plan Ledger DOL Form 5500 · updated monthly

Totalenergies Finance USA, Inc401(k)

TOTALENERGIES FINANCE USA, INC. EMPLOYEE SAVINGS PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Totalenergies Finance USA, Inc reported $160,549 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,839 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 0.03% to 0.02%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 148th-largest of 5,688 plans among Texas employers on file, and the 20th of 612 in mining, oil & gas extraction. In 2024, employees put in $1.52 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$788,413,973
Participants with balances3,075
Active participants2,475
Employer contributions$21,876,984
Employee contributions$33,153,282
Employer contribution per active participant$8,839
Average account balance$256,395
Benefits paid to participants$73,455,050
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$788.4M · 3,075 accts · $21.9M emplr
2023$699.5M · 2,962 accts · $20.1M emplr
2022$627.9M · 2,958 accts · $18.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$125,082
Audit (IQPA)$11,550
Total administrative$160,549
The Totalenergies Finance USA, Inc 401(k) match · 2024
Employer contribution per active participant$8,839
Median for plans this size$4,294
2024$8,839 per active participant
2023$8,303 per active participant
2022$7,654 per active participant

Totalenergies Finance USA, Inc's 2024 employer contribution ran above the $4,294 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$125,082
COOK STREET CONSULTING INC. · Consulting$23,917
CROWE LLP · Accounting / audit$11,550

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$160,549 · 0.02%
2023$135,002 · 0.02%
2022$196,088 · 0.03%
Same employer
Similar plansMining, Oil & Gas Extraction · Texas
Eog Resources, Inc. TX$1.3B · 0.02%
Marathon Oil Company TX$923.2M · 0.03%
Hilcorp Energy Company TX$817.8M · 0.04%
Championx LLC TX$724.1M · 0.06%
Apache Corporation TX$715.3M · 0.03%
Patterson-Uti Energy, Inc TX$613.0M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 233060301 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.