Plan Ledger DOL Form 5500 · updated monthly

Abaco Drilling Technologies LLC401(k)

ABACO DRILLING TECHNOLOGIES LLC 401(K) PLAN · HOUSTON, TX · plan year 2025

Reported admin expense ratio · 2025
0.26%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Abaco Drilling Technologies LLC reported $36,037 in plan administrative expenses for 2025: 0.26% of average plan assets, below the peer median. Employer contributions averaged $3,694 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio fell from 0.29% to 0.26%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other manufacturing employers. By assets it is the 2,389th-largest of 5,688 plans among Texas employers on file, and 6,989th of 13,661 in manufacturing. In 2025, employees put in $1.85 for every $1.00 the employer contributed; active participation has grown from 133 to 162 since 2022.

Plan summary
Net assets, end of year$15,363,850
Participants with balances192
Active participants162
Employer contributions$598,403
Employee contributions$1,108,777
Employer contribution per active participant$3,694
Average account balance$80,020
Benefits paid to participants$836,228
Plan auditUnmodified (clean) audit opinion
AuditorRYAN & MANN
Plan history4
Yearassets · accounts · employer contribution
2025$15.4M · 192 accts · $598K emplr
2024$12.4M · 186 accts · $588K emplr
2023$11.8M · 196 accts · $545K emplr
2022$8.9M · 184 accts · $497K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$8,801
Investment management$2,058
Audit (IQPA)$25,178
Total administrative$36,037
The Abaco Drilling Technologies LLC 401(k) match · 2025
Employer contribution per active participant$3,694
Median for plans this size$2,666
2025$3,694 per active participant
2024$4,170 per active participant
2023$3,730 per active participant
2022$3,733 per active participant

Abaco Drilling Technologies LLC's 2025 employer contribution ran above the $2,666 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
GALLAGHER BENEFIT SERVICES · Recordkeeping · Trustee$25,177
ADP, INC. · Recordkeeping · Loan processing$8,801

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year3
2025ADP, GALLAGHER BENEFIT SERVICES
2024ADP, GALLAGHER BENEFIT SERVICES
2023ADP, GALLAGHER BENEFIT SERVICES

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Administrative cost history4
2025$36,037 · 0.26%
2024$32,939 · 0.27%
2023$26,881 · 0.26%
2022$27,230 · 0.29%
Same employer
Similar plansManufacturing · Texas
Lauren Concrete, Inc. TX$15.6M · 0.52%
Lone Star Fasteners, LLC TX$15.5M · 0.60%
Vault Pressure Control, LLC TX$15.5M · 1.04%
Farouk Systems Inc. TX$15.4M · 0.32%
Flowco Productions LLC TX$15.4M · 0.46%
Mayekawa USA, Inc. TX$15.3M · 0.46%
Proserv Operations, LLC TX$15.3M · 0.69%
Bexar Concrete Works I, LTD TX$15.2M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 272988638 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.