Retirement plan

MEWBOURNE OIL COMPANY EMPLOYEES' 401(K) PLAN

Name: MEWBOURNE OIL COMPANY - MEWBOURNE OIL COMPANY EMPLOYEES' 401(K) PLAN (2020) Form 5500
Creator: MEWBOURNE OIL COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MEWBOURNE OIL COMPANY EMPLOYEES' 401(K) PLAN, MEWBOURNE OIL COMPANY

MEWBOURNE OIL COMPANYEIN 75-1254872Plan #002PY 2020

3901 SOUTH BROADWAY - TYLER, TX 757018716903-561-2900

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$137.4M

+8.5% from 2019

Total participants

573

+8.9% from 2019

Average account balance

$240,591

-1.0% from 2019

Annual return

5.70%

-3.08 pp from 2019

Benchmarks

See 180 peers

Peer group

Industry21 - Mining, Quarrying, and Oil and Gas Extraction

Plan typeDefined contribution

Participants250-999

Cohort180 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$215.48M

Not enough data

1 years with asset history on file

Average account balance

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

$252K

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.

856

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.

98.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$16.00M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$20K

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

+17.78%

Not enough data

1 years with return on file

Admin fee / account holder

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

$70

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

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

Service providers

Top 1 by compensation

Provider	Service type	Compensation
T ROWE PRICE RPS INC5+ years Service code 15 100 EAST PRATT STREET · BALTIMORE, MD 21202	Recordkeeping	$79,697

Plan features & details

Pension benefit codes2E2G2J2S2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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.

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$80K

$160 / participant

Other / not subdivided$80K100.0%

% of EOY assets

0.058%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: HENRY & PETERS PC
Auditor EIN: 751503978
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$240,591

$94,621+154.3%

$138,135+74.2%

$73,412+227.7%

Participation rate

99.6%

83.4%+16.2pp

78.7%+20.9pp

72.2%+27.4pp

Annual return

5.70%

16.57%-10.9pp

20.51%-14.8pp

59.30%-53.6pp

Employer contribution / active EE

$9,377

$4,410+112.6%

$5,587+67.8%

$2,234+319.8%

Participant deferral / active EE

$9,348

$6,199+50.8%

$6,431+45.4%

$3,806+145.6%

Admin fee / account holder

$140

$140-0.5%

$11,856-98.8%

$158-11.6%

Provider

Service type

Compensation

T ROWE PRICE RPS INC5+ years

Service code 15

100 EAST PRATT STREET · BALTIMORE, MD 21202

Recordkeeping

$79,697

MEWBOURNE OIL COMPANY EMPLOYEES' 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MEWBOURNE OIL COMPANY EMPLOYEES' 401(K) 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