Retirement plan

MAMMOTH ENERGY PARTNERS 401(K) PROFIT SHARING PLAN AND TRUST

Name: MAMMOTH ENERGY PARTNERS LLC - MAMMOTH ENERGY PARTNERS 401(K) PROFIT SHARING PLAN AND TRUST (2024) Form 5500
Creator: MAMMOTH ENERGY PARTNERS LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MAMMOTH ENERGY PARTNERS 401(K) PROFIT SHARING PLAN AND TRUST, MAMMOTH ENERGY PARTNERS LLC

MAMMOTH ENERGY PARTNERS LLCEIN 47-1902732Plan #001PY 2024

14201 CALIBER DRIVE, SUITE 300 - OKLAHOMA CITY, OK 731341017405-394-0146LinkedIn1-10 employees

Prospect flagsHigh retiree %Low participationLow assets / participant

How to read this page

Total assets (EOY)

$40.7M

+13.3% from 2023

Total participants

1,744

-2.9% from 2023

Average account balance

$28,212

+37.8% from 2023

Annual return

15.96%

-1.68 pp from 2023

Benchmarks

See 128 peers

Peer group

Industry22 - Utilities

Plan typeDefined contribution

Participants250-999

Cohort128 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$40.71M

Not enough data

1 years with asset history on file

Average account balance

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

$28K

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.

1,443

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.

57.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.33M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+15.96%

Not enough data

1 years with return on file

Admin fee / account holder

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

$38

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

Top 2 by compensation

Provider	Service type	Compensation
BOKF, NA9 years Filed as: BOK FINANCIAL ASSET MANAGEMENT, INC Service code 15 · EIN 74-2009441	Recordkeeping	$55,208
CHARLES SCHWAB & CO., INC.5 years Filed as: CHARLES SCHWAB TRUST BANK Service code 19 · EIN 82-3967259	Securities Custodian	$9

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3B3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II

Admin total

$55K

$78 / participant

Trustee / custodial$55K100.0%

% of EOY assets

0.136%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: ROSE ROCK CPAS, PLLC
Auditor EIN: 260852716
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$28,212

$155,364-81.8%

$103,486-72.7%

$77,736-63.7%

Participation rate

57.7%

85.5%-27.8pp

80.5%-22.9pp

70.6%-12.9pp

Annual return

15.96%

19.01%-3.1pp

23.93%-8.0pp

31.26%-15.3pp

Employer contribution / active EE

$2,837

$5,949-52.3%

$4,679-39.4%

$2,728+4.0%

Participant deferral / active EE

$4,654

$8,482-45.1%

$6,628-29.8%

$4,651+0.1%

Admin fee / account holder

$38

$503-92.4%

$9,354-99.6%

$433-91.2%

Provider

Service type

Compensation

BOKF, NA9 years

Filed as: BOK FINANCIAL ASSET MANAGEMENT, INC

Service code 15 · EIN 74-2009441

Recordkeeping

$55,208

CHARLES SCHWAB & CO., INC.5 years

Filed as: CHARLES SCHWAB TRUST BANK

Service code 19 · EIN 82-3967259

Securities Custodian

MAMMOTH ENERGY PARTNERS 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MAMMOTH ENERGY PARTNERS 401(K) PROFIT SHARING PLAN AND TRUST

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