Plan Ledger DOL Form 5500 · updated monthly

Capex Oilfield Services, Inc.401(k)

CAPEX OILFIELD SERVICES, INC. 401(K) PROFIT SHARING PLAN · WILLISTON, ND · plan year 2024

Reported admin expense ratio · 2024
1.38%

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

Capex Oilfield Services, Inc. reported $26,296 in plan administrative expenses for 2024: 1.38% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,010 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 1 year on file its reported administrative ratio rose from 0.66% to 1.38%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is among the smaller plans on file in North Dakota (264th of 279), and 569th of 612 in mining, oil & gas extraction. In 2024, employees put in $1.30 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,997,337
Participants with balances108
Active participants77
Employer contributions$154,759
Employee contributions$201,673
Employer contribution per active participant$2,010
Average account balance$18,494
Benefits paid to participants$533,758
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$2.0M · 108 accts · $155K emplr
2023$1.8M · 160 accts · $178K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,296
Total administrative$26,296
The Capex Oilfield Services, Inc. 401(k) match · 2024
Employer contribution per active participant$2,010
Median for plans this size$1,313
2024$2,010 per active participant
2023$2,412 per active participant

Capex Oilfield Services, Inc.'s 2024 employer contribution ran above the $1,313 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

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$26,296 · 1.38%
2023$10,402 · 0.66%
Similar plansMining, Oil & Gas Extraction · North Dakota
Baker Rock Crushing Co. ND$6.5M · 0.57%
Noble Casing, Inc. CO$2.1M · 0.58%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 208823970 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.