Explorer Pipeline Company 401(k) Savings Plan
| Plan name | Explorer Pipeline Company 401(k) Savings Plan |
| Location | Tulsa, OK |
| Asset size ($MM) | >$50 million - $100 million |
| Participants | 100 - 499 |
| Industry | Oil/Gas/Energy |
| Participation rate | 97% |
| Average deferral rate | 8% |
| # of funds offered | 31 |
| Investment review | Every 1-2 years |
| True-up match | No |
| Match vesting period | 3 years |
| Eligibility | Immediately upon hire |
| Default deferral rate | 2.6%-3% |
| Default investment | NR |
| Automatic escalation | Exactly 1% |
| Systematic withdrawals | No - do not expect to take action by June 30, 2025 |
| Fee equalization | NR |
| Match rate | Simple traditional match - e.g., 100% of first 3% of employee contribution, or similar |
| % receiving full match | All or nearly all participants (90% or more) |
| Maximum employer contribution | 6% |
| Financial education | |
Saving/Budgeting | Yes |
Investing strategies | Yes |
College saving | Yes |
Credit/Debt management | Yes |
Tax/Estate planning | Yes |
Retiree health costs/savings options​ | No |
| Recordkeeper | BOK Financial |
| Footnotes | |
| NR | Not Reported |
| Yes | yes |
| No | no |
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