Plan Ledger DOL Form 5500 · updated monthly

Urban Oil & Gas Group, LLC401(k)

URBAN OIL & GAS 401(K) PLAN · PLANO, TX · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

Urban Oil & Gas Group, LLC reported $103,696 in plan administrative expenses for 2024: 0.58% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,741 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 3 years on file its reported administrative ratio has held roughly steady near 0.58%. 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 2,031st-largest of 5,688 plans among Texas employers on file, and 308th of 612 in mining, oil & gas extraction. In 2024, employees put in $1.34 for every $1.00 the employer contributed; active participation has grown from 154 to 177 since 2022.

Plan summary
Net assets, end of year$19,776,354
Participants with balances186
Active participants177
Employer contributions$1,016,145
Employee contributions$1,363,109
Employer contribution per active participant$5,741
Average account balance$106,324
Benefits paid to participants$1,027,578
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.8M · 186 accts · $1.0M emplr
2023$16.2M · 189 accts · $997K emplr
2022$12.4M · 168 accts · $784K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$103,696
Total administrative$103,696
The Urban Oil & Gas Group, LLC 401(k) match · 2024
Employer contribution per active participant$5,741
Median for plans this size$2,416
2024$5,741 per active participant
2023$5,728 per active participant
2022$5,093 per active participant

Urban Oil & Gas Group, 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$103,696
NOVA 401K ASSOCIATES · Other servicesindirect comp
LPL FINANCIAL LLC - RPCP · Investment advisory (plan)indirect comp

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$103,696 · 0.58%
2023$79,537 · 0.56%
2022$77,802 · 0.59%
Same employer
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Morningstar Partners, L.P. TX$20.2M · 0.61%
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Hi-Crush Services LLC TX$19.7M · 0.48%
Jobe Materials, LP TX$19.6M · 0.94%
Ranger Oil Corporation TX$19.2M · 0.11%
Ncs Multistage LLC TX$19.0M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270288119 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.