Plan Ledger DOL Form 5500 · updated monthly

Bass Energy Services LLC401(k)

BASS ENERGY SERVICES LLC AND AFFILIATES 401(K) PLAN · WASKOM, TX · plan year 2022

Reported admin expense ratio · 2022
0.74%

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

Bass Energy Services LLC reported $56,357 in plan administrative expenses for 2022: 0.74% of average plan assets, above the peer median. Employer contributions averaged $2,454 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 0.74% to 0.78%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is among the smaller plans on file in Texas (3,655th of 5,688), and 473rd of 612 in mining, oil & gas extraction. In 2022, employees put in $1.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,786,104
Participants with balances106
Active participants96
Employer contributions$235,599
Employee contributions$354,351
Employer contribution per active participant$2,454
Average account balance$64,020
Benefits paid to participants$727,039
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.6M · 58 accts · $125K emplr
2023$6.7M · 109 accts · $235K emplr
2022$6.8M · 106 accts · $236K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$56,357
Total administrative$56,357
The Bass Energy Services LLC 401(k) match · 2022
Employer contribution per active participant$2,454
Median for plans this size$1,114
2024$2,782 per active participant
2023$2,119 per active participant
2022$2,454 per active participant

Bass Energy Services LLC's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$44,417 · 0.78%
2023$49,819 · 0.74%
2022$56,357 · 0.74%
Same employer
Similar plansMining, Oil & Gas Extraction · Texas
Noram Drilling Company TX$7.3M · 0.08%
Petrofac, Inc. TX$7.1M · 0.14%
Nichols Oil Tools TX$7.1M · 1.12%
Oil Patch Group, Inc. TX$6.6M · 1.03%
Compass Well Services LLC TX$6.4M · 0.09%
Strong Services L.P. TX$6.2M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208235561 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.