Qep Resources, Inc. 401(k) Plan (terminated 2021): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2021, when $87.5 million was transferred out of the plan. Assets moved to the DIAMONDBACK E & P LLC 401(K) PLAN (sponsored by DIAMONDBACK E & P LLC). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

See the DIAMONDBACK E & P LLC 401(K) PLAN →

Qep Resources, Inc. 401(k) Plan Facts (plan year 2021)

Plan name
QEP RESOURCES, INC. EMPLOYEE INVESTMENT PLAN
Plan type
401(k) with employer contributions and profit sharing with a company-stock (ESOP) component
Plan sponsor
QEP RESOURCES, INC.
Participants
523
Former employees with a balance
0
Employer contributions
$1,563,611 in plan year 2021 (42% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2021 – Jul 6, 2021
Plan established
Jul 1, 2010
✓ 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 2021 (Jan 1, 2021 – Jul 6, 2021), filed Dec 22, 2021. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2021

  • $3.76 million went into the plan in contributions, $1.56 million of it from the employer (42%).
  • $21.6 million was paid out to participants.
  • Investment and other income added $12.0 million.

How the Qep Resources, Inc. 401(k) changed, 2016–2021

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2016945$109.1 million$5.86 million$20.1 million
2017893$121.6 million$6.25 million$12.9 million
2018916$104.1 million$5.91 million$22.5 million
2019799$91.0 million$3.65 million$41.6 million
2020591$93.4 million$2.90 million$18.4 million
2021 (final)523$0$1.56 million$21.6 million

Qep Resources, Inc. 401(k) Contact Information

Phone
303-672-6960
Mailing address
1050 17TH STREET SUITE 800, DENVER CO 80265
Plan sponsor
QEP RESOURCES, INC.
Employer identification number (EIN)
87-0287750
Plan number
002

Questions about the Qep Resources, Inc. 401(k)

Is the Qep Resources, Inc 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2021. Its assets were transferred to the DIAMONDBACK E & P LLC 401(K) PLAN.

Does Qep Resources, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2021 the employer contributed $1.56 million, 42% of all contributions.

Does the Qep Resources, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Qep Resources, Inc 401(k) plan?

523 participants at the start of plan year 2021.

Who manages the Qep Resources, Inc 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

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