Plan Ledger DOL Form 5500 · updated monthly

Calfrac Well Services Corp.401(k)

CALFRAC WELL SERVICES CORP. 401K PLAN AND TRUST · DENVER, CO · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Calfrac Well Services Corp. reported $234,142 in plan administrative expenses for 2024: 0.50% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,823 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 has held roughly steady near 0.50%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 239th-largest of 1,461 plans among Colorado employers on file, and the 181st of 612 in mining, oil & gas extraction. In 2024, employees put in $1.59 for every $1.00 the employer contributed; active participation has shrunk from 1,165 to 733 since 2022.

Plan summary
Net assets, end of year$50,590,052
Participants with balances1,187
Active participants733
Employer contributions$3,535,225
Employee contributions$5,621,385
Employer contribution per active participant$4,823
Average account balance$42,620
Benefits paid to participants$8,955,167
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$50.6M · 1,187 accts · $3.5M emplr
2023$43.9M · 1,237 accts · $3.8M emplr
2022$32.6M · 1,173 accts · $3.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$132,077
Investment management$67,065
Audit (IQPA)$35,000
Total administrative$234,142
The Calfrac Well Services Corp. 401(k) match · 2024
Employer contribution per active participant$4,823
Median for plans this size$2,416
2024$4,823 per active participant
2023$4,378 per active participant
2022$2,642 per active participant

Calfrac Well Services Corp.'s 2024 employer contribution ran above the $2,416 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 · 20244
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$132,077
CREATIVE PLANNING LLC · Consulting$67,065
BDO USA, P.C. · Accounting / audit$35,000
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$234,142 · 0.50%
2023$188,445 · 0.49%
2022$172,232 · 0.51%
Same employer
Similar plansMining, Oil & Gas Extraction · Colorado
Intrepid Potash, Inc. CO$63.9M · 0.28%
Civitas Resources, Inc. CO$61.8M · 0.14%
Purewest Resources, Inc. CO$49.2M · 0.06%
Jonah Energy, LLC CO$47.5M · 0.06%
Qb Energy Management, LLC CO$36.9M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841591738 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.