Plan Ledger DOL Form 5500 · updated monthly

Baseline Energy Services401(k)

BASELINE ENERGY SERVICES 401(K) · FORT WORTH, TX · plan year 2024

Reported admin expense ratio · 2024
0.89%

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

Baseline Energy Services reported $26,963 in plan administrative expenses for 2024: 0.89% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,352 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 2 years on file its reported administrative ratio rose from 0.84% to 0.89%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Texas (4,413th of 5,688), and 1,678th of 2,096 in real estate & leasing. In 2024, employees put in $1.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,607,629
Participants with balances181
Active participants142
Employer contributions$334,007
Employee contributions$627,088
Employer contribution per active participant$2,352
Average account balance$19,932
Benefits paid to participants$448,614
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$3.6M · 181 accts · $334K emplr
2022$1.5M · 56 accts · $125K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$11,934
Investment management$15,029
Total administrative$26,963
The Baseline Energy Services 401(k) match · 2024
Employer contribution per active participant$2,352
Median for plans this size$1,313
2024$2,352 per active participant
2022$3,135 per active participant

Baseline Energy Services's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
KESTRA INVESTMENT SERVICES LLC · Investment advisory (plan)$15,029
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$11,934

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

Administrative cost history2
2024$26,963 · 0.89%
2022$12,534 · 0.84%
Similar plansReal Estate & Leasing · Texas
Gwr 401(K) Plan TX$4.1M · 0.36%
Lurin Advisors, LLC TX$4.1M · 0.80%
Sync Residential TX$4.0M · 0.22%
Indio Partners, LP TX$3.3M · 0.49%
Hettig Management Corp. TX$3.3M · 0.34%
S2C Management, LLC TX$3.0M · 0.89%
Focus Staff Services LP TX$2.8M · 2.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 900827993 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.