Mewbourne Oil Company Employees' 401(k) Plan 401(k) match, vesting and fees
What Mewbourne Oil Company Employees' 401(k) Plan's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | T Rowe Price Rps Inc | Schedule C ↗ |
| Independent auditor | Henry & Peters PC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 77 defined-contribution plans in mining, quarrying, and oil and gas extraction with 500 to 999 participants.
| Mewbourne Oil Company Employees' 401(k) Plan: employer contribution per participant | $10,062 | |
| Peer median | $3,161 |
| Mewbourne Oil Company Employees' 401(k) Plan: average balance | $251,729 | |
| Peer median | $80,254 |
| Mewbourne Oil Company Employees' 401(k) Plan: admin expenses ÷ assets | 0.03% | |
| Peer median | 0.18% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $140M at the end of plan year 2021 to $215M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 865 | $215M | $8.6M | $10,062 | 0.03% | Not published | Form 5500 ↗ |
| 2023 | 791 | $180M | $7.4M | $9,505 | 0.04% | Not published | Form 5500 ↗ |
| 2022 | 711 | $141M | $3.1M | $4,441 | 0.02% | Not published | Form 5500 ↗ |
| 2021 | 653 | $140M | $5.7M | $8,869 | 0.05% | Not published | Form 5500 ↗ |
Common questions
Does Mewbourne Oil Company Employees' 401(k) Plan match 401(k) contributions?
The match terms for the Mewbourne Oil Company Employees' 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $8.6M in employer contributions, about $10,062 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Mewbourne Oil Company Employees' 401(k) Plan 401(k) match vested?
The vesting schedule for the Mewbourne Oil Company Employees' 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Mewbourne Oil Company Employees' 401(k) Plan 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is T Rowe Price Rps Inc. The plan administrator is Mewbourne Oil Company Employees' 401(k) Plan.
I left Mewbourne Oil Company Employees' 401(k) Plan. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Mewbourne Oil Company Employees' 401(k) Plan, (903) 561-2900) or the recordkeeper, T Rowe Price Rps Inc. The Mewbourne Oil Company Employees' 401(k) Plan old 401(k) page lists the contacts from every plan filing. Find an old Mewbourne Oil Company Employees' 401(k) Plan 401(k)
Data from the public Form 5500 annual reports Mewbourne Oil Company Employees' 401(k) Plan filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Mewbourne Oil Company Employees' 401(k) Plan. Not financial advice. Report a correction · Methodology