Plan Ledger DOL Form 5500 · updated monthly

Compass Well Services LLC401(k)

COMPASS WELL SERVICES, LLC 401(K) PLAN · FORT WORTH, TX · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Compass Well Services LLC reported $5,481 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,541 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 0.08% to 0.09%. 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 Texas (3,740th of 5,688), and 484th of 612 in mining, oil & gas extraction. In 2024, employees put in $2.60 for every $1.00 the employer contributed; active participation has shrunk from 99 to 81 since 2022.

Plan summary
Net assets, end of year$6,359,360
Participants with balances124
Active participants81
Employer contributions$286,830
Employee contributions$745,363
Employer contribution per active participant$3,541
Average account balance$51,285
Benefits paid to participants$689,922
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.4M · 124 accts · $287K emplr
2023$5.4M · 118 accts · $305K emplr
2022$4.3M · 130 accts · $275K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,266
Investment management$215
Total administrative$5,481
The Compass Well Services LLC 401(k) match · 2024
Employer contribution per active participant$3,541
Median for plans this size$1,313
2024$3,541 per active participant
2023$3,672 per active participant
2022$2,777 per active participant

Compass Well Services LLC's 2024 employer contribution ran above the $1,313 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 · 20242
ADP, INC. · Recordkeeping · Investment advisory (participants)$5,481
ADP BROKER-DEALER · Other servicesindirect 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
2024ADP
2023ADP

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

Administrative cost history3
2024$5,481 · 0.09%
2023$5,383 · 0.11%
2022$3,574 · 0.08%
Same employer
Similar plansMining, Oil & Gas Extraction · Texas
Petrofac, Inc. TX$7.1M · 0.14%
Nichols Oil Tools TX$7.1M · 1.12%
Bass Energy Services LLC TX$6.8M · 0.74%
Oil Patch Group, Inc. TX$6.6M · 1.03%
Strong Services L.P. TX$6.2M · 0.66%
Total Sand Services, LLC TX$5.6M · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273686749 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.