Employers › Civitas Resources
Recordkeeping fees per participant · Civitas Resources, Inc. 401(k) Plan · plan year 2024
$64.30
Higher than 45% of the 5,847 plans $50 to 250M that report it.
= $52,279 / 813
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251014183815NAL0003583361001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014183815NAL0003583361001, received 2025-10-14
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 2025-10-14.
Administrative expenses excluding investment management, per participant
$65.04
Higher than 32% of the 8,758 plans $50 to 250M that report it.
= $52,879 / 813
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251014183815NAL0003583361001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014183815NAL0003583361001, received 2025-10-14
Administrative expenses per participant
$93.45
Higher than 33% of the 9,042 plans $50 to 250M that report it.
= $75,976 / 813
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014183815NAL0003583361001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014183815NAL0003583361001, received 2025-10-14
Administrative expenses as a share of assets
0.123%
Higher than 45% of the 9,049 plans $50 to 250M that report it.
= $75,976 / $61,788,800
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014183815NAL0003583361001, received 2025-10-14
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251014183815NAL0003583361001, received 2025-10-14
Employer contributions per participant
$6,564
Higher than 85% of the 9,105 plans $50 to 250M that report it.
= $5,336,271 / 813
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014183815NAL0003583361001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014183815NAL0003583361001, received 2025-10-14
Employer share of total contributions
31.7%
Higher than 57% of the 9,112 plans $50 to 250M that report it.
= $5,336,271 / $16,826,449
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014183815NAL0003583361001, received 2025-10-14
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251014183815NAL0003583361001, received 2025-10-14
Plan terms are described in Civitas Resources, Inc.'s SEC filings: Form 10-K filed 2025-02-24. No term could be quoted from them with the required precision.
2F ERISA 404(c) plan · 2E profit-sharing · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3D IRS pre-approved plan · 2R participant brokerage window · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251014183815NAL0003583361001, received 2025-10-14
| Field | Value | Source |
|---|---|---|
| Plan sponsor | CIVITAS RESOURCES, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251014183815NAL0003583361001, received 2025-10-14 |
| Plan name | CIVITAS RESOURCES, INC. 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251014183815NAL0003583361001, received 2025-10-14 |
| Sponsor EIN / plan number | 61-1630631 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251014183815NAL0003583361001, received 2025-10-14 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251014183815NAL0003583361001, received 2025-10-14 |
| Sponsor location | DENVER, CO | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251014183815NAL0003583361001, received 2025-10-14 |
| Industry (business code) | 211120, Mining, quarrying, and oil and gas extraction | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251014183815NAL0003583361001, received 2025-10-14 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251014183815NAL0003583361001, received 2025-10-14 |
| Filing received | 2025-10-14 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251014183815NAL0003583361001, received 2025-10-14 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251014183815NAL0003583361001, received 2025-10-14 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251014183815NAL0003583361001, received 2025-10-14 |
| Participants, beginning of year | 640 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251014183815NAL0003583361001, received 2025-10-14 |
| Active participants | 652 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251014183815NAL0003583361001, received 2025-10-14 |
| Participants, end of year | 825 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251014183815NAL0003583361001, received 2025-10-14 |
| Participants with an account balance | 813 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014183815NAL0003583361001, received 2025-10-14 |
| Total assets, beginning of year | $43,899,027 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251014183815NAL0003583361001, received 2025-10-14 |
| Total assets, end of year | $61,788,800 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251014183815NAL0003583361001, received 2025-10-14 |
| Net assets, end of year | $61,788,800 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251014183815NAL0003583361001, received 2025-10-14 |
| Total income | $24,163,223 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251014183815NAL0003583361001, received 2025-10-14 |
| Net income | $17,889,773 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251014183815NAL0003583361001, received 2025-10-14 |
| Employer contributions | $5,336,271 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014183815NAL0003583361001, received 2025-10-14 |
| Participant contributions | $7,536,696 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251014183815NAL0003583361001, received 2025-10-14 |
| Other contributions (incl. rollovers) | $3,953,482 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251014183815NAL0003583361001, received 2025-10-14 |
| Total contributions | $16,826,449 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251014183815NAL0003583361001, received 2025-10-14 |
| Benefit payments | $6,197,474 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251014183815NAL0003583361001, received 2025-10-14 |
| Total expenses (incl. benefit payments) | $6,273,450 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251014183815NAL0003583361001, received 2025-10-14 |
| Total administrative expenses | $75,976 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014183815NAL0003583361001, received 2025-10-14 |
| Contract administrator fees | $600 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251014183815NAL0003583361001, received 2025-10-14 |
| Recordkeeping fees | $52,279 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251014183815NAL0003583361001, received 2025-10-14 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251014183815NAL0003583361001, received 2025-10-14 |
| Investment advisory and management fees | $23,097 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251014183815NAL0003583361001, received 2025-10-14 |
| Administrative expenses excluding investment management | $52,879 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251014183815NAL0003583361001, received 2025-10-14 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251014183815NAL0003583361001, received 2025-10-14 |
| Held in common/collective trusts | $40,420,387 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251014183815NAL0003583361001, received 2025-10-14 |
| Held in mutual funds | $19,549,697 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251014183815NAL0003583361001, received 2025-10-14 |
| Independent auditor | RICHEY MAY & CO | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251014183815NAL0003583361001, received 2025-10-14 |
Position = column in the DOL layout for form year 2024. Filing 20251014183815NAL0003583361001, received 2025-10-14.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees | $53,710 | yes |
| STRATEGIC ADVISORS, INC. | ADVISOR | 27 Investment advisory (plan) | $23,097 | no |
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 20251014183815NAL0003583361001, received 2025-10-14.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $43,899,027 | $61,788,800 | 40.8% |
| Participants with a balance | 629 | 813 | 29.3% |
| Administrative expenses | $42,664 | $75,976 | 78.1% |
| Recordkeeping fees per participant | $41.38 | $64.30 | 55.4% |
| Employer contributions | $3,217,450 | $5,336,271 | 65.9% |
Prior filing 20241010150510NAL0020387889001, received 2024-10-10; the plan years are contiguous.
Sponsor name as filed: CIVITAS RESOURCES, INC.; SEC registrant: CIVITAS RESOURCES, INC. (CIK 1509589, matched by EIN; display name from the Form 10-K cover).