Plan Snapshot
- Plan Sponsor: Citation Oil & Gas Corp.
- Sponsor EIN: 742163444
- Sponsor Address: 14077 CUTTEN ROAD, HOUSTON, TX, 770692212
- Plan Type: 401(k)
- Total Participants: 496
- Total Assets: $99.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 496 | $99.9M | $2.8M | $4.2M |
| 2023 | 493 | $88.6M | $2.6M | $4.0M |
| 2022 | 481 | $77.8M | $2.3M | $3.6M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| LINCOLN NATIONAL CORPORATION | SERVICE PROVIDER | $131,383 | — | $131,383 |
| CREATIVE PLANNING, LLC | INVESTMENT ADVISORY | $75,106 | — | $75,106 |
| MELTON & MELTON, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LINCOLN NATIONAL CORPORATION — SERVICE PROVIDER
- CREATIVE PLANNING, LLC — INVESTMENT ADVISORY
- MELTON & MELTON, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $206,489
- Estimated Expense Ratio: 0.207% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $206,489 | $75,106 | $131,383 | — | — |
| 2023 | $220,770 | $79,058 | $119,712 | $22,000 | — |
| 2022 | $166,121 | $5,046 | $25,406 | — | — |