Coterra Energy Inc. 401(k) Review & Grade
Coterra Energy Inc. Retirement Savings Plan
Houston, TXMining, Oil & Gas1,089 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$22,191Employer $ per active participant
$10,614Employee $ saved per active participant
0.01%Direct admin cost, % of plan assets
$442.8MNet plan assets, end of year
$319,020Average balance per account
Score breakdown
- Employer generosity50.0 / 50100th percentile for employer $ per participant
- Low cost24.5 / 2598th percentile for low admin cost vs. same-size plans
- Employee saving12.3 / 1582th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score77 / 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 | 100th |
| Lower admin cost | 98th |
| Employee saving | 82th |
| Peers that auto-enroll | 60% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($5,690 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
Corrective distributions: the plan refunded $7,998 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Coterra Energy put in about $22,191 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 reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- 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 | $24,165,708 |
| Participant (employee) contributions | $11,558,490 |
| Other contributions (incl. rollovers in) | $2,934,324 |
| Administrative expenses paid from the plan | $41,515 |
| Contract administrator fees | $1,200 |
| Investment advisory & management fees | $73,300 |
| Benefits paid out | $36,577,259 |
| Net assets, start / end of year | $385.4M / $442.8M |
| Active participants, start / end of year | 1,272 / 906 |
| Participants with account balances | 1,388 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Bdo USA, P.C. |
Largest service providers (Schedule C)
| Strategic Advisors, Inc. | $73,300 reported compensation |
| Fidelity Investments Institutional | −$31,785 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250924111724NAL0007479601001, received 2025-09-24, EIN 04-3072771, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.