Plan Snapshot
- Plan Sponsor: Devon Energy Corporation
- Sponsor EIN: 731567067
- Sponsor Address: 333 WEST SHERIDAN AVENUE, OKLAHOMA CITY, OK, 731025010
- Plan Type: DB
- Total Participants: 147
- Total Assets: $434.9M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 147 | $434.9M | $0 | $0 |
| 2023 | 155 | $480.4M | $0 | $0 |
| 2022 | 171 | $482.1M | $0 | $0 |
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 |
|---|---|---|---|---|
| GOLDMAN SACHS ASSET MANAGEMENT LP | Investment Advisor | $317,480 | — | $317,480 |
| WILLIS TOWERS WATSON US LLC | Recordkeeper | $251,403 | — | $251,403 |
| NISA INVESTMENT ADVISORS | Other Service Provider | $219,137 | — | $219,137 |
| WILSHIRE ASSOCIATES INC | Recordkeeper | $203,974 | — | $203,974 |
| THE BANK OF NEW YORK MELLON | Other Service Provider | $172,354 | — | $172,354 |
| LEGAL & GENERAL INVESTMENT | Other Service Provider | $112,403 | — | $112,403 |
| MORGAN, LEWIS & BOCKIUS, LLP | ERISA Attorney | $81,018 | — | $81,018 |
| CURCIO WEBB LLC | Other Service Provider | $80,873 | — | $80,873 |
| GRANT THORNTON, LLP | Auditor | $68,250 | — | $68,250 |
| BLACKROCK INSTITUTIONAL TRUST CO. | Other Service Provider | $8,863 | $4,578 | $13,441 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GOLDMAN SACHS ASSET MANAGEMENT LP — Investment Advisor
- WILLIS TOWERS WATSON US LLC — Recordkeeper
- WILSHIRE ASSOCIATES INC — Recordkeeper
- MORGAN, LEWIS & BOCKIUS, LLP — ERISA Attorney
- GRANT THORNTON, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,520,333
- Estimated Expense Ratio: 0.350% 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 | $2,188,172 | $861,857 | $116,140 | $68,250 | — |
| 2023 | $2,680,185 | $1,012,312 | $116,140 | $66,150 | — |
| 2022 | $1,756,918 | $694,195 | — | — | $779,051 |