Plan Ledger DOL Form 5500 · updated monthly

Crosby Energy Services, Inc.401(k)

CROSBY 401(K) RETIREMENT PLAN · CUT OFF, LA · plan year 2023

Reported admin expense ratio · 2023
0.43%

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

Crosby Energy Services, Inc. reported $34,725 in plan administrative expenses for 2023: 0.43% of average plan assets, below the peer median. Employer contributions averaged $680 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 fell from 0.38% to 0.29%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is among the smaller plans on file in Louisiana (484th of 884), and 450th of 612 in mining, oil & gas extraction. In 2023, employees put in $2.87 for every $1.00 the employer contributed; active participation has grown from 315 to 349 since 2022.

Plan summary
Net assets, end of year$8,413,722
Participants with balances238
Active participants349
Employer contributions$237,469
Employee contributions$681,585
Employer contribution per active participant$680
Average account balance$35,352
Benefits paid to participants$1,560,593
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.4M · 214 accts · $207K emplr
2023$8.4M · 238 accts · $237K emplr
2022$7.6M · 219 accts · $264K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$34,725
Total administrative$34,725
The Crosby Energy Services, Inc. 401(k) match · 2023
Employer contribution per active participant$680
Median for plans this size$1,308
2024$628 per active participant
2023$680 per active participant
2022$838 per active participant

Crosby Energy Services, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
TRANSAMERICA LIFE INSURANCE COMPANY · Recordkeeping · Loan processing$31,152
FUTUREPLAN BY ASCENSUS · Recordkeeping · Loan processing$2,000
MESIROW FINANCIAL, INC. · Investment advisory (plan)$1,572

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

Recordkeeper by year2
2024Ascensus, Definiti
2023Ascensus, Transamerica

This plan has changed recordkeepers within these filings. If you left Crosby Energy Services, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$24,046 · 0.29%
2023$34,725 · 0.43%
2022$31,318 · 0.38%
Same employer
Similar plansMining, Oil & Gas Extraction · Louisiana
Coil Tubing Partners LLC LA$10.2M · 0.93%
Gordon Technologies LLC LA$10.1M · 0.07%
Fdf Energy Services, LLC LA$9.3M · 0.75%
Rheovest HR, LLC LA$7.7M · 0.25%
Kencoil, Inc. LA$7.7M · 0.54%
Cardinal Services, LLC LA$6.7M · 0.04%
Ecoserv Holding, LLC LA$6.6M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 721232473 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.