Plan Snapshot
- Plan Sponsor: Murphy Oil Corporation
- Sponsor EIN: 710361522
- Sponsor Address: 9805 KATY FREEWAY, HOUSTON, TX, 77024
- Plan Type: DB
- Total Participants: 593
- Total Assets: $397.1M
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 | 593 | $397.1M | $20.7M | $0 |
| 2023 | 599 | $370.2M | $26.1M | $0 |
| 2022 | 571 | $344.8M | $26.1M | $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 |
|---|---|---|---|---|
| BANK OF AMERICA MERRILL LYNCH | INVESTMENT MANAGER | $672,608 | — | $672,608 |
| MERCER | ACTUARY | $397,685 | — | $397,685 |
| BANK OF AMERICA | TRUSTEE | $75,516 | — | $75,516 |
| MERCED PARTNERS | INVESTMENT MANAGER | — | $39,527 | $39,527 |
| PRINCIPAL | CUSTODIAN | $30,768 | — | $30,768 |
| FORVIS MAZARS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,216,104
- Estimated Expense Ratio: 0.306% 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 | $2,848,701 | $667,065 | $266,404 | — | — |
| 2023 | $4,116,128 | $591,582 | $641,097 | $14,175 | — |
| 2022 | $3,416,144 | $613,257 | $80,233 | — | $253,054 |