Retirement plan

ONE GAS, INC. 401(K) PLAN

Name: ONE GAS, INC. - ONE GAS, INC. 401(K) PLAN (2016) Form 5500
Creator: ONE GAS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ONE GAS, INC. 401(K) PLAN, ONE GAS, INC.

ONE GAS, INC.EIN 46-3561936Plan #002PY 2016

P.O. BOX 21049 - TULSA, OK 74121918-947-7000onegas.comLinkedIn1001-5000 employeesutilities

Other plans on this EIN

2 filings

#001Retirement-$753.8M assets #010Retirement-$36.9M assets

Prospect flagsFailed to transmit contributions

Top hat statement on fileNQDC

Filed September 13, 2017

Plan administrator

Plan administrator name— Sign in and upgrade to view

P.O. Box 21049

Tulsa State: OK Zip Code: 74121

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Plans declared (6)

ONE Gas, Inc. Equity Compensation Plan22 emp
ONE Gas, Inc. Nonqualified Deferred Compensation Plan25 emp
ONE Gas, Inc. Pre-2005 Nonqualified Deferred Compensation Plan3 emp
ONE Gas, Inc. Supplemental Executive Retirement Plan7 emp
ONE Gas, Inc. Pre-2005 Supplemental Executive Retirement Plan0 emp
+1 more

Total covered: 78 employees

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Total assets (EOY)

$702.6M

-17.9% from 2016

Total participants

3,699

-1.3% from 2016

Average account balance

$211,167

-16.0% from 2016

Annual return

34.52%

-45.10 pp from 2016

Benchmarks

See 68 peers

Peer group

Industry22 - Utilities

Plan typeDefined contribution

Participants1,000-4,999

Cohort68 peers

Snapshot2016

Participant deferral / active EE

$5,031

median $8,158

Employer contribution / active EE

$3,530

median $3,550

Participation rate

89.0%

median 95.5%

Avg account balance

$211,167

median $152,105

Admin fee / account holder

-$8

median $75

Annual return

34.52%

median 8.61%

Overall peer rank

61of 100

61st percentileavg across 6 metrics

Analytics

2015 - 2024

Total assets (EOY)

Plan-year ending balance

$967.93M

Average account balance

Total assets / participants with a balance (line 6g)

$214K

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

4,519

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

99.2%

Contributions (total)

Employer and participant dollars contributed each year

$58.53M

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+17.79%

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Mutual / pooled
Stocks
Bonds
Cash
Real estate
Loans

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2F2G2J2K2T3H

Plan features

2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Plan-level admin expenses are zero - fees are likely paid at the master-trust level rather than the individual plan.

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BKD
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$211,167

$144,604+46.0%

$88,497+138.6%

$63,975+230.1%

Participation rate

89.0%

91.8%-2.8pp

82.4%+6.6pp

71.1%+17.9pp

Annual return

34.52%

9.63%+24.9pp

7.63%+26.9pp

48.65%-14.1pp

Employer contribution / active EE

$3,530

$4,008-11.9%

$4,036-12.6%

$2,182+61.8%

Participant deferral / active EE

$5,031

$7,027-28.4%

$4,899+2.7%

$3,356+49.9%

Admin fee / account holder

-$8

$78-110.7%

$6,220-100.1%

$70-112.0%

ONE GAS, INC. 401(K) PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (6)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ONE GAS, INC. 401(K) PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (6)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion