Retirement plan

OGE ENERGY CORP. EMPLOYEES' STOCK OWNERSHIP AND RETIREMENT SAVINGS PLAN

Name: OGE ENERGY CORP. - OGE ENERGY CORP. EMPLOYEES' STOCK OWNERSHIP AND RETIREMENT SAVINGS PLAN (2024) Form 5500
Creator: OGE ENERGY CORP.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, OGE ENERGY CORP. EMPLOYEES' STOCK OWNERSHIP AND RETIREMENT SAVINGS PLAN, OGE ENERGY CORP.

OGE ENERGY CORP.EIN 73-1481638Plan #003PY 2024

P.O. BOX 321 - OKLAHOMA CITY, OK 731010321405-553-3706oge.comLinkedIn1001-5000 employeesutilities

Other plans on this EIN

1 filing

#001Retirement-$280.7M assets

Prospect flagsHigh assets / participantCorrective distributions

How to read this page

Total assets (EOY)

$834.1M

+18.1% from 2023

Total participants

3,357

-2.6% from 2023

Average account balance

$250,719

+19.7% from 2023

Annual return

19.39%

+3.79 pp from 2023

Benchmarks

See 154 peers

Peer group

Industry55 - Management of Companies and Enterprises

Plan typeDefined contribution

Participants1,000-4,999

Cohort154 peers

Snapshot2024

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$834.14M

Not enough data

1 years with asset history on file

Average account balance

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

$251K

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.

3,327

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.

98.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$52.14M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$23K

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

+19.39%

Not enough data

1 years with return on file

Admin fee / account holder

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

$104

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

See the 10-year trajectory. $4.99 for your first month.

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
STRATEGIC ADVISORS, INC.10+ years Service code 27 · EIN 04-2654524	Advisory (Plan)	$299,346
FIDELITY INVESTMENTS INSTITUTIONAL10+ years Service code 21 · EIN 04-2647786	Bank Trustee	$47,767
FID INV INST OPS CO1 year Filed as: FID INV INSTL OPS CO Service code 60	Sub-TA Fees	$0

Plan features & details

Pension benefit codes2G2J2K2O2R2S2T3H

Plan features

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.
2O
ESOP other than a leveraged ESOP
Employee stock ownership plan that is not leveraged.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.
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

2 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$347K

$152 / participant

Recordkeeping$44K12.8%
Investment mgmt$299K86.3%
Contract admin$3K1.0%

% of EOY assets

0.042%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: ERNST & YOUNG, LLP
Auditor EIN: 346565596
Audit fees: $0
Opinion code: Unqualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$250,719

$148,970+68.3%

$136,007+84.3%

$199,593+25.6%

Participation rate

98.7%

79.4%+19.3pp

76.5%+22.2pp

72.0%+26.7pp

Annual return

19.39%

27.07%-7.7pp

579.32%-559.9pp

34.25%-14.9pp

Employer contribution / active EE

$9,521

$3,561+167.4%

$4,217+125.8%

$3,034+213.8%

Participant deferral / active EE

$13,307

$6,140+116.7%

$7,025+89.4%

$5,087+161.6%

Admin fee / account holder

$104

$144-27.5%

$6,858-98.5%

$269-61.2%

Provider

Service type

Compensation

STRATEGIC ADVISORS, INC.10+ years

Service code 27 · EIN 04-2654524

Advisory (Plan)

$299,346

FIDELITY INVESTMENTS INSTITUTIONAL10+ years

Service code 21 · EIN 04-2647786

Bank Trustee

$47,767

FID INV INST OPS CO1 year

Filed as: FID INV INSTL OPS CO

Service code 60

Sub-TA Fees

OGE ENERGY CORP. EMPLOYEES' STOCK OWNERSHIP AND RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

OGE ENERGY CORP. EMPLOYEES' STOCK OWNERSHIP AND RETIREMENT SAVINGS PLAN

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