Plan Ledger DOL Form 5500 · updated monthly

Coil Tubing Partners LLC401(k)

COIL TUBING PARTNERS LLC 401(K) PLAN · LAFAYETTE, LA · plan year 2024

Reported admin expense ratio · 2024
0.93%

Coil Tubing Partners LLC reported $88,471 in plan administrative expenses for 2024: 0.93% of average plan assets, higher than ~75% of peers. 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 0.85% to 0.93%. 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 the 424th-largest of 884 plans among Louisiana employers on file, and 414th of 612 in mining, oil & gas extraction. active participation has grown from 335 to 374 since 2022.

Plan summary
Net assets, end of year$10,214,966
Participants with balances142
Active participants374
Employer contributions—
Employee contributions$1,037,086
Employer contribution per active participant—
Average account balance$71,936
Benefits paid to participants$816,204
Plan auditDisclaimer of opinion
AuditorCASTAING HUSSEY & LOLAN LLC
Plan history3
Yearassets · accounts · employer contribution
2024$10.2M · 142 accts
2023$8.8M · 141 accts
2022$7.3M · 141 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$88,471
Total administrative$88,471
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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$88,471
RAYMOND JAMES & ASSOCIATES, INC. · Investment advisory (plan)indirect comp

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$88,471 · 0.93%
2023$72,882 · 0.90%
2022$66,107 · 0.85%
Same employer
Similar plansMining, Oil & Gas Extraction · Louisiana
Intermoor Inc. LA$23.8M · 0.43%
Gordon Technologies LLC LA$10.1M · 0.07%
Fdf Energy Services, LLC LA$9.3M · 0.75%

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Source: U.S. Department of Labor, Form 5500 series, EIN 455258418 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.