Scout Energy Management, LLC 401(k) Review & Grade
Scout Energy Management, LLC 401(k) P/S Plan
Dallas, TXMining, Oil & Gas1,019 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$5,164Employer $ per active participant
$7,300Employee $ saved per active participant
0.29%Direct admin cost, % of plan assets
$91.6MNet plan assets, end of year
$79,799Average balance per account
Score breakdown
- Employer generosity29.3 / 5059th percentile for employer $ per participant
- Low cost10.4 / 2541th percentile for low admin cost vs. same-size plans
- Employee saving7.7 / 1552th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score50 / 100 · Grade C
This plan vs. peers
Peers: Mining, Oil & Gas plans with 500–2,499 active participants (129 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 59th |
| Lower admin cost | 41th |
| Employee saving | 52th |
| Peers that auto-enroll | 60% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
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
- Scout Energy Management put in about $5,164 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.
- 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 | $5,262,582 |
| Participant (employee) contributions | $7,439,124 |
| Other contributions (incl. rollovers in) | $3,790,753 |
| Administrative expenses paid from the plan | $238,288 |
| Contract administrator fees | $223,554 |
| Benefits paid out | $5,834,421 |
| Net assets, start / end of year | $71.1M / $91.6M |
| Active participants, start / end of year | 1,061 / 977 |
| Participants with account balances | 1,148 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Weaver and Tidwell LLP |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $223,554 reported compensation |
| Edward Jones | $69,930 reported compensation |
| Nova 401(k) Associates | $24,314 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251010000531NAL0007159281001, received 2025-10-10, EIN 45-3236574, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.