Eog Resources, Inc. 401(k) Review & Grade
Eog Resources, Inc. Savings and Retirement Plan
Houston, TXMining, Oil & Gas2,983 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$20,166Employer $ per active participant
$13,566Employee $ saved per active participant
0.02%Direct admin cost, % of plan assets
$1.3BNet plan assets, end of year
$342,574Average balance per account
Score breakdown
- Employer generosity49.8 / 50100th percentile for employer $ per participant
- Low cost23.6 / 2595th percentile for low admin cost vs. same-size plans
- Employee saving14.0 / 1594th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score94 / 100 · Grade A
This plan vs. peers
Peers: all industries, plans with 2,500–9,999 active participants (fewer than 30 industry peers) (2,386 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 100th |
| Lower admin cost | 95th |
| Employee saving | 94th |
| Peers that auto-enroll | 52% |
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Red flags from the filing
Corrective distributions: the plan refunded $494,858 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Eog Resources put in about $20,166 per active participant, more than the typical peer ($2,062). 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 | $60,156,173 |
| Participant (employee) contributions | $40,465,887 |
| Other contributions (incl. rollovers in) | $3,046,889 |
| Administrative expenses paid from the plan | $236,854 |
| Investment advisory & management fees | $87,652 |
| Benefits paid out | $104,147,492 |
| Net assets, start / end of year | $1.2B / $1.3B |
| Active participants, start / end of year | 2,963 / 3,003 |
| Participants with account balances | 3,861 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Crowe LLP |
| Employer stock held by plan | $16,934,427 |
Largest service providers (Schedule C)
| Schwab Retirement Plan Services,inc | $236,854 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250619134326NAL0004758720002, received 2025-06-19, EIN 47-0684736, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.