Ovintiv Services Inc. 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2019. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.

Ovintiv Services Inc. 401(k) Plan Facts (plan year 2019)

Plan name
ENCANA (USA) RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
OVINTIV SERVICES INC.
Participants
2,456 (1,546 active employees)
Former employees with a balance
1,148
Plan assets
$444,564,158 at Dec 31, 2019
Average account balance
$164,775 across 2,698 accounts
Employer contributions
$20,591,710 in plan year 2019 (53% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2019 – Dec 31, 2019
Plan established
Sep 1, 1999
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2019 (Jan 1, 2019 – Dec 31, 2019), filed Jun 26, 2020. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2019

  • $38.7 million went into the plan in contributions, $20.6 million of it from the employer (53%).
  • $36.9 million was paid out to participants.
  • Investment and other income added $60.3 million.
  • Administrative expenses were $239,413, about $89 per account.

How the Ovintiv Services Inc. 401(k) changed, 2014–2019

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20142,290$243.8 million$15.8 million$67.1 million
20152,231$232.0 million$19.3 million$33.1 million
20162,104$249.6 million$15.9 million$32.8 million
20171,810$293.4 million$14.1 million$23.6 million
20181,768$259.1 million$14.2 million$23.6 million
20192,456$444.6 million$20.6 million$36.9 million

Ovintiv Services Inc. 401(k) Contact Information

Phone
720-876-6947
Mailing address
370 17TH STREET SUITE 1700, DENVER CO 802025632
Plan sponsor
OVINTIV SERVICES INC.
Employer identification number (EIN)
90-1021013
Plan number
001

Questions about the Ovintiv Services Inc. 401(k)

Is the Ovintiv Services Inc 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2019, and no later filing was found under this employer's EIN.

Does Ovintiv Services Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2019 the employer contributed $20.6 million, 53% of all contributions.

Does the Ovintiv Services Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Ovintiv Services Inc 401(k) plan?

2,456 participants at the start of plan year 2019, 1,546 of them active employees, and 1,148 former employees who still had money in the plan.

What is the average 401(k) balance at Ovintiv Services Inc?

About $164,775 per account: $444.6 million in plan assets across 2,698 accounts with a balance at the end of plan year 2019.

Who manages the Ovintiv Services Inc 401(k) accounts?

Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

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