Continental Resources, Inc. 401(k) Review & Grade
Continental Resources, Inc. 401(k)
Oklahoma City, OKMining, Oil & Gas1,425 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$12,584Employer $ per active participant
$14,344Employee $ saved per active participant
0.00%Direct admin cost, % of plan assets
$389.7MNet plan assets, end of year
$221,294Average balance per account
Score breakdown
- Employer generosity45.3 / 5091th percentile for employer $ per participant
- Low cost24.8 / 2599th percentile for low admin cost vs. same-size plans
- Employee saving14.3 / 1595th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score94 / 100 · Grade A
This plan vs. peers
Peers: Mining, Oil & Gas plans with 500–2,499 active participants (129 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 91th |
| Lower admin cost | 99th |
| Employee saving | 95th |
| Peers that auto-enroll | 60% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Continental Resources put in about $12,584 per active participant, more than the typical peer ($4,357). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $17,932,339 |
| Participant (employee) contributions | $20,440,681 |
| Other contributions (incl. rollovers in) | $2,177,573 |
| Administrative expenses paid from the plan | $15,080 |
| Contract administrator fees | $1,200 |
| Investment advisory & management fees | $89,085 |
| Benefits paid out | $28,388,455 |
| Net assets, start / end of year | $326.7M / $389.7M |
| Active participants, start / end of year | 1,450 / 1,400 |
| Participants with account balances | 1,761 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Hogan Taylor LLP |
Largest service providers (Schedule C)
| Strategic Advisors, Inc. | $89,084 reported compensation |
| Fidelity Investments Institutional | −$53,666 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250909104252NAL0012534259001, received 2025-09-09, EIN 73-0767549, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.