Retirement plan

PHX MINERAL INC. EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN AND TRUST AGREEMENT

Name: PHX MINERAL INC. - PHX MINERAL INC. EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN AND TRUST AGREEMENT (2020) Form 5500
Creator: PHX MINERAL INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PHX MINERAL INC. EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN AND TRUST AGREEMENT, PHX MINERAL INC.

PHX MINERAL INC.EIN 73-1055775Plan #001PY 2020

1601 NW EXPRESSWAY, STE 1100 - OKLAHOMA CITY, OK 731181463405-945-6106

Prospect flagsLow employer contributionLow participant contribution

How to read this page

Total assets (EOY)

$2.1M

-76.3% from 2019

Total participants

+3.8% from 2019

Average account balance

$82,232

-77.2% from 2019

Annual return

22.56%

+30.76 pp from 2019

Benchmarks

See 1,752 peers

Peer group

Industry21 - Mining, Quarrying, and Oil and Gas Extraction

Plan typeDefined contribution

Participants<25

Cohort1,752 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.06M

Not enough data

1 years with asset history on file

Average account balance

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

$74K

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.

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.

89.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$350K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+17.50%

Not enough data

1 years with return on file

Admin fee / account holder

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

$9092

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

0 years with F_SCH_H allocation on file

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

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 codes2E2F2H2J2O2T3D3I

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).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
2O
ESOP other than a leveraged ESOP
Employee stock ownership plan that is not leveraged.
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.
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.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

2 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$711

$42 / participant

Other / not subdivided$711100.0%

% of EOY assets

0.033%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$82,232

$180,028-54.3%

$138,135-40.5%

$158,966-48.3%

Participation rate

94.1%

82.2%+11.9pp

78.7%+15.4pp

82.0%+12.2pp

Annual return

22.56%

21.68%+0.9pp

20.51%+2.0pp

302.95%-280.4pp

Employer contribution / active EE

$7,470-100.0%

$5,587-100.0%

$4,762-100.0%

Participant deferral / active EE

$1,372

$7,717-82.2%

$6,431-78.7%

$5,983-77.1%

Admin fee / account holder

$27

$17,912-99.8%

$11,856-99.8%

$11,250-99.8%

PHX MINERAL INC. EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN AND TRUST AGREEMENT

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PHX MINERAL INC. EMPLOYEE STOCK OWNERSHIP AND 401(K) PLAN AND TRUST AGREEMENT

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