401k Record

Employers › El Paso Exploration & Production

El Paso Exploration & Production 401(k)

Recordkeeping fees per participant · EP Energy 401(k) Retirement Plan · plan year 2023

$104.58

Higher than 82% of the 4,947 plans $50 to 250M that report it.

Source

= $33,152 / 317
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20240726132843NAL0015504529001, received 2024-07-26
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20240726132843NAL0015504529001, received 2024-07-26

10th: $8.41median $63.4890th: $135.70

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 2023-01-01 to 2023-12-31, filing received 2024-07-26.

Cost and contributions

Administrative expenses excluding investment management, per participant

$165.46

10th: $13.75median $85.0490th: $218.08

Higher than 82% of the 7,895 plans $50 to 250M that report it.

Source

= $52,452 / 317
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20240726132843NAL0015504529001, received 2024-07-26
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20240726132843NAL0015504529001, received 2024-07-26

Administrative expenses per participant

$409.01

10th: $24.55median $117.4690th: $313.64

Higher than 94% of the 8,189 plans $50 to 250M that report it.

Source

= $129,656 / 317
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20240726132843NAL0015504529001, received 2024-07-26
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20240726132843NAL0015504529001, received 2024-07-26

Administrative expenses as a share of assets

0.163%

10th: 0.021%median 0.131%90th: 0.317%

Higher than 61% of the 8,206 plans $50 to 250M that report it.

Source

= $129,656 / $79,391,979
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20240726132843NAL0015504529001, received 2024-07-26
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20240726132843NAL0015504529001, received 2024-07-26

Employer contributions per participant

$2,743

10th: $929median $2,69190th: $7,878

Higher than 51% of the 8,268 plans $50 to 250M that report it.

Source

= $869,640 / 317
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20240726132843NAL0015504529001, received 2024-07-26
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20240726132843NAL0015504529001, received 2024-07-26

Employer share of total contributions

46.1%

10th: 16.1%median 29.9%90th: 51.4%

Higher than 84% of the 8,285 plans $50 to 250M that report it.

Source

= $869,640 / $1,888,273
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20240726132843NAL0015504529001, received 2024-07-26
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20240726132843NAL0015504529001, received 2024-07-26

Plan terms, as stated in El Paso Exploration & Production Co's SEC filings

Plan terms are described in El Paso Exploration & Production Co's SEC filings: Form 10-K filed 2007-03-01. No term could be quoted from them with the required precision.

Plan features

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 20240726132843NAL0015504529001, received 2024-07-26

Full record, EP Energy 401(k) Retirement Plan

FieldValueSource
Plan sponsorEP ENERGY GLOBAL, LLCForm 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20240726132843NAL0015504529001, received 2024-07-26
Plan nameEP ENERGY 401(K) RETIREMENT PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20240726132843NAL0015504529001, received 2024-07-26
Sponsor EIN / plan number76-0637534 / 001Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20240726132843NAL0015504529001, received 2024-07-26
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20240726132843NAL0015504529001, received 2024-07-26
Sponsor locationHOUSTON, TXForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20240726132843NAL0015504529001, received 2024-07-26
Industry (business code)211120, Mining, quarrying, and oil and gas extractionForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20240726132843NAL0015504529001, received 2024-07-26
Plan year2023-01-01 to 2023-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20240726132843NAL0015504529001, received 2024-07-26
Filing received2024-07-26Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20240726132843NAL0015504529001, received 2024-07-26
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20240726132843NAL0015504529001, received 2024-07-26
Amended filingyesForm 5500, Part I line B; AMENDED_IND pos 7; filing 20240726132843NAL0015504529001, received 2024-07-26
Participants, beginning of year369Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20240726132843NAL0015504529001, received 2024-07-26
Active participants92Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20240726132843NAL0015504529001, received 2024-07-26
Participants, end of year320Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20240726132843NAL0015504529001, received 2024-07-26
Participants with an account balance317Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20240726132843NAL0015504529001, received 2024-07-26
Total assets, beginning of year$82,446,785Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20240726132843NAL0015504529001, received 2024-07-26
Total assets, end of year$79,391,979Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20240726132843NAL0015504529001, received 2024-07-26
Net assets, end of year$79,391,979Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20240726132843NAL0015504529001, received 2024-07-26
Total income$15,847,652Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20240726132843NAL0015504529001, received 2024-07-26
Net income$-3,054,806Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20240726132843NAL0015504529001, received 2024-07-26
Employer contributions$869,640Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20240726132843NAL0015504529001, received 2024-07-26
Participant contributions$1,018,633Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20240726132843NAL0015504529001, received 2024-07-26
Other contributions (incl. rollovers)$0Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20240726132843NAL0015504529001, received 2024-07-26
Total contributions$1,888,273Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20240726132843NAL0015504529001, received 2024-07-26
Benefit payments$18,772,802Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20240726132843NAL0015504529001, received 2024-07-26
Total expenses (incl. benefit payments)$18,902,458Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20240726132843NAL0015504529001, received 2024-07-26
Total administrative expenses$129,656Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20240726132843NAL0015504529001, received 2024-07-26
Contract administrator fees$0Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20240726132843NAL0015504529001, received 2024-07-26
Recordkeeping fees$33,152Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20240726132843NAL0015504529001, received 2024-07-26
IQPA audit fees$18,900Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20240726132843NAL0015504529001, received 2024-07-26
Investment advisory and management fees$77,204Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20240726132843NAL0015504529001, received 2024-07-26
Administrative expenses excluding investment management$52,452derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20240726132843NAL0015504529001, received 2024-07-26
Held in master trusts$0Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20240726132843NAL0015504529001, received 2024-07-26
Held in common/collective trusts$12,961,204Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20240726132843NAL0015504529001, received 2024-07-26
Held in mutual funds$65,879,125Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20240726132843NAL0015504529001, received 2024-07-26
Independent auditorCROWE, LLPSchedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20240726132843NAL0015504529001, received 2024-07-26

Position = column in the DOL layout for form year 2023. Filing 20240726132843NAL0015504529001, received 2024-07-26.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
EMPOWER ADVISORY GROUP, LLCNONE 28 Investment management; 26 Investment advisory (participants); 50 Direct payment from the plan $66,204no
CROWE LLPNONE 99 Other fees $18,900no
GALLAGHER BENEFIT SERVICES INC DBANONE 27 Investment advisory (plan) $10,000no
EMPOWER ANNUITY INSURANCE COMPANY OrecordkeeperNONE 15 Recordkeeping and information management; 37 Participant loan processing; 50 Direct payment from the plan; 64 Recordkeeping fees $7,842yes

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 20240726132843NAL0015504529001, received 2024-07-26.

No filing for the previous plan year is in the data, so there is no year-over-year comparison.

Alerts, claims and corrections

Alert me when this filing changes

One email when a new Form 5500 for EP Energy 401(k) Retirement Plan appears in the Department of Labor data. Confirmation link first; unsubscribe link in every email.

Claim this plan

For the sponsor or its plan administrator: request to verify or annotate this page. A work email address at the sponsor speeds up verification.

Report a correction

Every figure is reproduced from the filing with its source. Tell us which figure and what the filing says instead.

Sponsor name as filed: EP ENERGY GLOBAL, LLC; SEC registrant: EL PASO EXPLORATION & PRODUCTION CO (CIK 1239454, matched by EIN).