Endeavor Energy Resources, LP 401(k) Review & Grade
Endeavor Energy Resources, L.P. 401(k) Plan
Midland, TXMining, Oil & Gas1,087 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$7,469Employer $ per active participant
$9,672Employee $ saved per active participant
0.21%Direct admin cost, % of plan assets
$118.5MNet plan assets, end of year
$85,347Average balance per account
Score breakdown
- Employer generosity37.1 / 5074th percentile for employer $ per participant
- Low cost13.1 / 2552th percentile for low admin cost vs. same-size plans
- Employee saving11.5 / 1577th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score72 / 100 · Grade B
This plan vs. peers
Peers: Mining, Oil & Gas plans with 500–2,499 active participants (129 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 74th |
| Lower admin cost | 52th |
| Employee saving | 77th |
| 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
- Endeavor Energy Resources, LP put in about $7,469 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 | $8,119,016 |
| Participant (employee) contributions | $10,513,655 |
| Other contributions (incl. rollovers in) | $88,190 |
| Administrative expenses paid from the plan | $243,770 |
| Investment advisory & management fees | $46,309 |
| Benefits paid out | $25,933,459 |
| Net assets, start / end of year | $111.4M / $118.5M |
| Active participants, start / end of year | 1,208 / 966 |
| Participants with account balances | 1,389 |
| Auto-enrollment (feature code 2S) | Yes |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $175,936 reported compensation |
| Strategic Advisors, Inc. | $46,309 reported compensation |
| Baker Tilly US, LLP | $21,525 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013144151NAL0002216416001, received 2025-10-13, EIN 75-2875180, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.