Plan Snapshot
- Plan Sponsor: Devon Energy Corporation
- Sponsor EIN: 731567067
- Sponsor Address: 333 W. SHERIDAN, OKLAHOMA CITY, OK, 73102
- Plan Type: 401(k)
- Total Participants: 2,305
- Total Assets: $1.1B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 2,305 | $1.1B | $41.7M | $26.4M |
| 2023 | 1,958 | $933.0M | $40.9M | $25.1M |
| 2022 | 1,858 | $791.8M | $39.0M | $21.3M |
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 |
|---|---|---|---|---|
| GRANT THORNTON LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GRANT THORNTON LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $465,685 | $290,167 | $3,000 | — | — |
| 2023 | $360,934 | $226,870 | $600 | — | — |
| 2022 | $410,855 | $179,301 | — | — | — |