Murphy Oil Corp 401(k): Fidelity, match 6% max
The Murphy Oil Corporation 401(K) Plan · MUR · CIK 717423
Fidelity Investments is the recordkeeper named on the Form 5500 filed for this plan, the company that keeps the account records. Where to log in, and what the filing says.
Maximum employer match, as a share of pay
6%
Murphy Oil Corp's 401(k) employer match tops out at 6% of pay; the filing does not set the rate out band by band.
From the Form 11-K filed June 12, 2026 ↗, covering the plan year ended December 31, 2025. Page data last updated July 28, 2026, when the Form 5500 bulk data was last refreshed. Why filings lag
On this page: what the employer actually paid in · the formula, word for word · when the money becomes yours · who can join · who holds your account · what the plan reports to the DOL · how it compares · what to do next
What Murphy Oil puts in, and what the plan costs
What Murphy Oil put into the plan, per active participant
$9,003
Murphy Oil Corp put $9,003 into this plan for each of its 693 active participants in plan year 2024. This is the whole employer side of the plan: matching money, profit sharing, non-elective and safe-harbor contributions, and reallocated forfeitures. The Form 5500 does not separate them, so this is what the employer put in and not the match.
Murphy Oil put in more per active participant than 73% of plans with 1,000–4,999 participants in oil, gas and mining. The middle plan in that group of 111 reported $5,043. Oil, gas and mining comes from business code 324110, which Murphy Oil entered on its own Form 5500. Sponsors pick that code themselves, so a code that does not describe what the employer does ranks the plan against the wrong companies.
What this figure cannot separate: how much Murphy Oil pays, and how much it puts in
This is dollars, not a rate. A Form 5500 carries no payroll, so the figure reflects both how much the employer puts in and how much the employer pays: two plans running the same formula report different amounts when one pays better. Crossing the peer group with industry holds most of that difference still, and none of it disappears.
This is one plan year, not an average. A true-up, a plan merger or a one-off contribution moves a single year on its own.
Source: DOL Form 5500 for the plan year ended December 31, 2024, EIN 710361522, plan 001 · DOL EFAST2 ↗
The $9,003 above is the Form 5500 figure for plan year 2024, and it counts every employer dollar on one line. Murphy Oil Corp also files a Form 11-K, which states the match formula for plan year 2025: the card below reads $2,970 a year at a $49,500 salary. That second figure is what the formula pays one worker on that salary, and not an amount either filing reports. The two figures cover different plan years and measure different things, so neither one is the other one corrected.
What Murphy Oil puts in
$2,970
a year, at a $49,500 salary.
The filing discloses only part of the formula. The most it states the employer adds is 6% of pay, for a worker contributing 6% of pay.
The match paragraph, word for word
“The Company makes matching contributions on eligible participant contributions up to a maximum of 6% of eligible pay.”
What you contribute to collect all of it
Contribute at least 6% of your pay to collect the full match.
That is $2,970 a year at a $49,500 salary, and it scales with your own.
Vesting score
100 out of 100
How fast the employer’s money becomes yours. Higher than 48% of the 369 schedules we have scored.
It measures vesting speed and nothing else. It says nothing about the size of the match, what the plan charges, or the funds inside it.
Share of the employer's money that is the worker's at hire and at each of the first 6 anniversaries: 100%, 100%, 100%, 100%, 100%, 100%, 100%. The score is the average of those 7 readings.
Vesting, word for word
“Participants are immediately vested in their contributions, Company matching contributions, and the actual earnings or losses thereon.”
The wait before the match starts and the year-end true-up appear above when the filing states them. Neither is part of the score, and a filing that is silent on one of them is not a plan without it.
What the plan costs, against plans of its size
Not reported
The Form 5500 filing does not report the plan-paid administrative expenses this figure needs.
What is Murphy Oil's 401(k) match formula?
Murphy Oil's 401(k) employer match tops out at 6% of pay. One rate up to one limit is the commonest of the four shapes a match formula takes.
| Match formula | A rate set at the sponsor's discretion on the first 6% of pay |
|---|---|
| Maximum employer match | 6% of compensation |
What the filing says, word for word
“The Company makes matching contributions on eligible participant contributions up to a maximum of 6% of eligible pay.”
Source: Form 11-K filed June 12, 2026, SEC EDGAR, corroborated by the filing's inline-XBRL facts · SEC ↗
What is Murphy Oil's 401(k) vesting schedule?
Murphy Oil vests the employer match immediately: 100% is yours as soon as it is paid in. Nothing is forfeited when you leave, which is not true of the two schedules that vest over time.
| Employer match vesting | Immediate: employer match is 100% vested when contributed |
|---|---|
| Your own contributions | Immediate: always 100% yours |
Vesting, word for word
“Participants are immediately vested in their contributions, Company matching contributions, and the actual earnings or losses thereon.”
Source: Form 11-K filed June 12, 2026, SEC EDGAR · SEC ↗
Who can join Murphy Oil's 401(k), and is enrollment automatic?
Murphy Oil enrolls new hires automatically at 6% of pay.
| Plan entry | Employees are generally eligible to participate as soon as administratively practicable after commencing employment. |
|---|---|
| Automatic enrollment | Yes: default deferral 6% of pay; 35-day opt-out window |
Eligibility, word for word
“Employees are generally eligible to participate as soon as administratively practicable after commencing employment.”
Automatic enrollment, word for word
“Eligible employees are automatically enrolled in the Plan at a 6% salary deferral rate beginning 35 days after hire unless they elect a different contribution rate or opt out during the notice period.”
Source: Form 11-K filed June 12, 2026, SEC EDGAR · SEC ↗
Who holds your account
Schedule C of the Form 5500 filed for plan year 2024 reports Fidelity Investments, filed as “FIDELITY INVESTMENTS INSTITUTIONAL”. That is the company paid to keep the account records: what is in an account, what went into it, and usually the site a participant signs in to. The trustee that holds the plan’s assets can be a different company, and this filing does not name it.
10,593 plans on file name Fidelity Investments as their recordkeeper. Of those, the 10,022 with a computable fee have a median plan-paid cost of $97.71 per participant.
Participants log in at Fidelity NetBenefits ↗. 401(k) Monitor is not affiliated with Fidelity Investments or with any other recordkeeper, and takes nothing for this link. It is here because that is where the account is.
| Recordkeeper | Fidelity Investments |
|---|---|
| Recordkeeper EIN | 042647786 |
What does the Murphy Oil plan report on Form 5500?
The Murphy Oil plan reported $216.7M in assets and 1,103 participants for plan year 2024.
| Total plan assets | $216,683,376 |
|---|---|
| Participants | 1,103 |
How that cost compares
It is one of 653 plans in oil, gas and mining in the Form 5500 data we publish.
Read from the Form 5500 filing of The Murphy Oil Corporation 401(k) Plan, which has no page of its own here.
How does Murphy Oil's 401(k) match compare?
Murphy Oil Corp's maximum 401(k) match of 6% of pay compares with a median of 4% across the 269 companies in our data with a computable formula.
Employers worth reading next
Of the six employers below, three file in oil, gas and mining, two report the same recordkeeper and one vests on the same schedule.
Maximum match 6% of pay. Also in oil, gas and mining.
Maximum match 6% of pay. Also in oil, gas and mining.
Maximum match 6% of pay. Also in oil, gas and mining.
Maximum match 6% of pay. Same recordkeeper, Fidelity Investments.
Maximum match 6% of pay. Same recordkeeper, Fidelity Investments.
Employer match vests immediately. Vests immediately too, like Murphy Oil.
What can you do next?
- Read the Form 11-K on SEC EDGAR ↗
Form 11-K filed June 12, 2026, SEC EDGAR. Every match fact on this page comes from it.
- Changed jobs? Find an old 401(k) ↗
The Department of Labor's Retirement Savings Lost & Found, a free government database.
- This year's IRS contribution limits ↗
The official deferral and catch-up limits every formula operates under.
Questions this filing answers
What is Murphy Oil Corp's 401(k) match?
Murphy Oil Corp discloses its match formula in the 11-K for the plan year ended December 31, 2025.
When does the Murphy Oil Corp 401(k) match vest?
Immediate: employer match is 100% vested when contributed.
Does Murphy Oil Corp's 401(k) plan have automatic enrollment?
Yes: default deferral 6% of pay; 35-day opt-out window.
Who is the recordkeeper for Murphy Oil Corp's 401(k)?
Fidelity Investments is named as the recordkeeper on the Form 5500 filed for The Murphy Oil Corporation 401(k) Plan for plan year 2024. That is the company paid to keep the account records: what is in an account, what went into it, and usually the site a participant signs in to.
Source
The match formula, the vesting schedule and the enrollment rules on this page were read from one document: the Form 11-K annual report that Murphy Oil Corp filed with the US Securities and Exchange Commission for the plan year ended December 31, 2025. Each of those fields carries the filing sentence it was read from, expandable where the field appears. Nothing on this page was supplied by the employer to this site.
The plan assets, the participant counts, the plan-paid fees and the recordkeeper come from a different document, the plan’s DOL Form 5500 annual return, and the section that reports them links it. Comparisons with other employers are computed across the filings named in the section they appear in.
Read the filing on SEC EDGAR ↗
| Document | Form 11-K annual report |
|---|---|
| Filed with | US Securities and Exchange Commission (EDGAR) |
| Filed by | Murphy Oil Corp |
| SEC CIK | 717423 |
| Accession number | 0001628280-26-042851 |
| Plan | The Murphy Oil Corporation 401(K) Plan |
| Period of report | December 31, 2025 |
| Filed | June 12, 2026 |
401(k) Monitor is not affiliated with Murphy Oil Corp, with the Securities and Exchange Commission or with this plan’s recordkeeper, and publishes this page without their involvement. It republishes a public filing and says where it came from.
Cite this page
401(k) Monitor, “Murphy Oil Corp 401(k) plan facts”, from SEC Form 11-K accession 0001628280-26-042851, plan year ended December 31, 2025.
