Plan Ledger DOL Form 5500 · updated monthly

Cactus Drilling Company, LLC401(k)

CACTUS DRILLING COMPANY, LLC 401(K) PLAN · OKLAHOMA CITY, OK · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Cactus Drilling Company, LLC reported $56,713 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,218 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 0.02% to 0.05%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 48th-largest of 724 plans among Oklahoma employers on file, and the 95th of 612 in mining, oil & gas extraction. In 2024, employees put in $1.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$122,943,511
Participants with balances1,566
Active participants1,265
Employer contributions$5,335,356
Employee contributions$8,366,935
Employer contribution per active participant$4,218
Average account balance$78,508
Benefits paid to participants$7,219,367
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$122.9M · 1,566 accts · $5.3M emplr
2023$102.8M · 1,656 accts · $5.0M emplr
2022$82.9M · 1,660 accts · $4.2M emplr
Administrative expenses, itemized · 2024
Trustee / custodial$56,713
Total administrative$56,713
The Cactus Drilling Company, LLC 401(k) match · 2024
Employer contribution per active participant$4,218
Median for plans this size$3,635
2024$4,218 per active participant
2023$2,763 per active participant
2022$3,302 per active participant

Cactus Drilling Company, LLC's 2024 employer contribution ran above the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
BOKF NA · Custodial (securities) · Trustee$56,713

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

Administrative cost history3
2024$56,713 · 0.05%
2023$17,865 · 0.02%
2022$15,949 · 0.02%
Same employer
Similar plansMining, Oil & Gas Extraction · Oklahoma
Helmerich & Payne, Inc. OK$844.3M · 0.13%
Alliance Coal, LLC OK$638.9M · 0.10%
Choctaw Nation of Oklahoma OK$424.7M · 0.10%
Continental Resources, Inc. OK$389.7M · 0.00%
Vital Energy, Inc. OK$64.3M · 0.05%
Unit Corporation OK$60.5M · 0.02%
Canvas Energy LLC OK$42.5M · 0.03%
Gulfport Energy Corporation OK$38.7M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270017663 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.