Plan Ledger DOL Form 5500 · updated monthly

Cascade Drilling LP, and Its Subsidiaries401(k)

CASCADE DRILLING LP AND ITS SUBSIDIARIES 401(K) RETIREMENT PLAN AND TRUST · BOTHELL, WA · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

Cascade Drilling LP, and Its Subsidiaries reported $257,719 in plan administrative expenses for 2024: 0.55% of average plan assets, higher than ~75% of peers. Employer contributions averaged $959 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 0.39% to 0.55%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 340th-largest of 1,714 plans among Washington employers on file, and the 1,045th of 5,337 in construction. In 2024, employees put in $6.46 for every $1.00 the employer contributed; active participation has grown from 699 to 791 since 2022.

Plan summary
Net assets, end of year$50,753,923
Participants with balances997
Active participants791
Employer contributions$758,645
Employee contributions$4,900,075
Employer contribution per active participant$959
Average account balance$50,907
Benefits paid to participants$4,288,639
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$50.8M · 997 accts · $759K emplr
2023$42.6M · 1,042 accts · $702K emplr
2022$35.4M · 1,068 accts · $468K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$203,343
Investment management$54,376
Total administrative$257,719
The Cascade Drilling LP, and Its Subsidiaries 401(k) match · 2024
Employer contribution per active participant$959
Median for plans this size$2,416
2024$959 per active participant
2023$968 per active participant
2022$670 per active participant

Cascade Drilling LP, and Its Subsidiaries's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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
SAGEVIEW ADVISORY GROUP, LLC · Investment advisory (plan)$54,376

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$257,719 · 0.55%
2023$126,941 · 0.33%
2022$147,975 · 0.39%
Same employer
Similar plansConstruction · Washington
W.G. Clark Construction Co. WA$56.6M · 0.25%
Lydig Construction, Inc. WA$54.2M · 0.25%
Tapani, Inc. WA$47.6M · 0.58%
Cochran, Inc. WA$39.7M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270642404 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.