Employers › Berry Petroleum
Recordkeeping fees per participant · Berry Petroleum Company, LLC 401(k) Plan · plan year 2024
$43.73
Higher than 32% of the 5,847 plans $50 to 250M that report it.
= $54,661 / 1,250
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250820114110NAL0003224801001, received 2025-08-20
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250820114110NAL0003224801001, received 2025-08-20
Percentiles compare this plan with the Schedule H plans $50 to 250M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-08-20.
Administrative expenses excluding investment management, per participant
$43.73
Higher than 22% of the 8,758 plans $50 to 250M that report it.
= $54,661 / 1,250
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250820114110NAL0003224801001, received 2025-08-20
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250820114110NAL0003224801001, received 2025-08-20
Administrative expenses per participant
$43.73
Higher than 15% of the 9,042 plans $50 to 250M that report it.
= $54,661 / 1,250
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250820114110NAL0003224801001, received 2025-08-20
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250820114110NAL0003224801001, received 2025-08-20
Administrative expenses as a share of assets
0.062%
Higher than 24% of the 9,049 plans $50 to 250M that report it.
= $54,661 / $88,690,686
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250820114110NAL0003224801001, received 2025-08-20
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250820114110NAL0003224801001, received 2025-08-20
Employer contributions per participant
$3,917
Higher than 68% of the 9,105 plans $50 to 250M that report it.
= $4,896,844 / 1,250
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250820114110NAL0003224801001, received 2025-08-20
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250820114110NAL0003224801001, received 2025-08-20
Employer share of total contributions
34.2%
Higher than 65% of the 9,112 plans $50 to 250M that report it.
= $4,896,844 / $14,314,206
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250820114110NAL0003224801001, received 2025-08-20
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250820114110NAL0003224801001, received 2025-08-20
Plan terms are described in Berry Petroleum Company, LLC's SEC filings: Form 11-K filed 2014-10-14 and Form 10-K filed 2016-03-28. No term could be quoted from them with the required precision.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250820114110NAL0003224801001, received 2025-08-20
| Field | Value | Source |
|---|---|---|
| Plan sponsor | BERRY PETROLEUM COMPANY, LLC | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250820114110NAL0003224801001, received 2025-08-20 |
| Plan name | BERRY PETROLEUM COMPANY, LLC 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250820114110NAL0003224801001, received 2025-08-20 |
| Sponsor EIN / plan number | 77-0079387 / 003 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250820114110NAL0003224801001, received 2025-08-20 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250820114110NAL0003224801001, received 2025-08-20 |
| Sponsor location | BAKERSFIELD, CA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250820114110NAL0003224801001, received 2025-08-20 |
| Industry (business code) | 211120, Mining, quarrying, and oil and gas extraction | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250820114110NAL0003224801001, received 2025-08-20 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250820114110NAL0003224801001, received 2025-08-20 |
| Filing received | 2025-08-20 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250820114110NAL0003224801001, received 2025-08-20 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250820114110NAL0003224801001, received 2025-08-20 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250820114110NAL0003224801001, received 2025-08-20 |
| Participants, beginning of year | 1,457 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250820114110NAL0003224801001, received 2025-08-20 |
| Active participants | 1,055 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250820114110NAL0003224801001, received 2025-08-20 |
| Participants, end of year | 1,507 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250820114110NAL0003224801001, received 2025-08-20 |
| Participants with an account balance | 1,250 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250820114110NAL0003224801001, received 2025-08-20 |
| Total assets, beginning of year | $79,624,274 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250820114110NAL0003224801001, received 2025-08-20 |
| Total assets, end of year | $88,690,686 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250820114110NAL0003224801001, received 2025-08-20 |
| Net assets, end of year | $88,690,686 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250820114110NAL0003224801001, received 2025-08-20 |
| Total income | $25,194,200 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250820114110NAL0003224801001, received 2025-08-20 |
| Net income | $9,066,412 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250820114110NAL0003224801001, received 2025-08-20 |
| Employer contributions | $4,896,844 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250820114110NAL0003224801001, received 2025-08-20 |
| Participant contributions | $7,973,301 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250820114110NAL0003224801001, received 2025-08-20 |
| Other contributions (incl. rollovers) | $1,444,061 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250820114110NAL0003224801001, received 2025-08-20 |
| Total contributions | $14,314,206 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250820114110NAL0003224801001, received 2025-08-20 |
| Benefit payments | $15,882,770 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250820114110NAL0003224801001, received 2025-08-20 |
| Total expenses (incl. benefit payments) | $16,127,788 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250820114110NAL0003224801001, received 2025-08-20 |
| Total administrative expenses | $54,661 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250820114110NAL0003224801001, received 2025-08-20 |
| Contract administrator fees | $0 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250820114110NAL0003224801001, received 2025-08-20 |
| Recordkeeping fees | $54,661 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250820114110NAL0003224801001, received 2025-08-20 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250820114110NAL0003224801001, received 2025-08-20 |
| Investment advisory and management fees | $0 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250820114110NAL0003224801001, received 2025-08-20 |
| Administrative expenses excluding investment management | $54,661 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250820114110NAL0003224801001, received 2025-08-20 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250820114110NAL0003224801001, received 2025-08-20 |
| Held in common/collective trusts | $71,810,193 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250820114110NAL0003224801001, received 2025-08-20 |
| Held in mutual funds | $9,245,242 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250820114110NAL0003224801001, received 2025-08-20 |
| Independent auditor | BAKER TILLY US, LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250820114110NAL0003224801001, received 2025-08-20 |
Position = column in the DOL layout for form year 2024. Filing 20250820114110NAL0003224801001, received 2025-08-20.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY Orecordkeeper | RECORDKEEPER | 64 Recordkeeping fees | $51,068 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250820114110NAL0003224801001, received 2025-08-20.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $79,624,274 | $88,690,686 | 11.4% |
| Participants with a balance | 1,424 | 1,250 | -12.2% |
| Administrative expenses | $25,890 | $54,661 | 111.1% |
| Recordkeeping fees per participant | $18.18 | $43.73 | 140.5% |
| Employer contributions | $6,911,523 | $4,896,844 | -29.1% |
Prior filing 20240823135648NAL0006408449001, received 2024-08-23; the plan years are contiguous.
Sponsor name as filed: BERRY PETROLEUM COMPANY, LLC; SEC registrant: Berry Petroleum Company, LLC (CIK 778438, matched by EIN).