Retirement plan

ONE GAS, INC. 401(K) PLAN

Name: ONE GAS, INC. - ONE GAS, INC. 401(K) PLAN (2021) 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 2021

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

Other plans on this EIN

2 filings

#001Retirement-$1.02B assets #010Retirement--

Prospect flagsLow participant contribution

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)

$908M

+26.2% from 2020

Total participants

4,218

+3.5% from 2020

Average account balance

$216,966

+18.8% from 2020

Annual return

30.85%

+31.15 pp from 2020

Benchmarks

See 63 peers

Peer group

Industry22 - Utilities

Plan typeDefined contribution

Participants1,000-4,999

Cohort63 peers

Snapshot2021

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$967.93M

Not enough data

1 years with asset history on file

Average account balance

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

$214K

Not enough data

1 years with per-participant data

Participants with account balance

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

4,519

Not enough data

1 years with headcount on file

Eligible Participants and Participation

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

99.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$58.53M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+17.79%

Not enough data

1 years with return on file

Admin fee / account holder

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

Not enough data

1 years with admin cost on file

Asset composition

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

Not enough data

1 years with F_SCH_H allocation on file

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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 codes2G2J2K2T3F2F

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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.

Opportunity flags

1 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$216,966

$211,459+2.6%

$119,258+81.9%

$93,010+133.3%

Participation rate

99.1%

94.1%+5.0pp

82.7%+16.4pp

73.9%+25.2pp

Annual return

30.85%

39.10%-8.2pp

30.69%+0.2pp

158.70%-127.9pp

Employer contribution / active EE

$6,867

$5,958+15.3%

$4,384+56.6%

$2,705+153.8%

Participant deferral / active EE

$6,458

$9,654-33.1%

$6,111+5.7%

$4,561+41.6%

Admin fee / account holder

$124-100.0%

$7,226-100.0%

$152-100.0%

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