Plan Ledger DOL Form 5500 · updated monthly

Dnow L.P.401(k)

NOW INC. 401(K) AND RETIREMENT SAVINGS PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Dnow L.P. reported $249,718 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $2,250 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 3 years on file its reported administrative ratio has held roughly steady near 0.127%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 395th-largest of 5,688 plans among Texas employers on file, and the 1,152nd of 13,661 in manufacturing. In 2024, employees put in $2.43 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$202,762,073
Participants with balances2,112
Active participants1,505
Employer contributions$3,386,667
Employee contributions$8,223,189
Employer contribution per active participant$2,250
Average account balance$96,005
Benefits paid to participants$27,265,865
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$202.8M · 2,112 accts · $3.4M emplr
2023$190.1M · 2,062 accts · $3.2M emplr
2022$169.0M · 2,084 accts · $2.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$145,615
Investment management$83,944
Total administrative$249,718
The Dnow L.P. 401(k) match · 2024
Employer contribution per active participant$2,250
Median for plans this size$3,635
2024$2,250 per active participant
2023$2,044 per active participant
2022$1,982 per active participant

Dnow L.P.'s 2024 employer contribution ran below the $3,635 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 · 20245
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping$142,946
COOK STREET CONSULTING, INC. · Investment management$62,665
NORTON ROSE FULBRIGHT US · Legal$22,875
MORGAN STANLEY CAPITAL MANAGEMENT · Investment management$21,279
CHARLES SCHWAB & CO., INC. · Securities brokerage$2,572

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$249,718 · 0.13%
2023$292,603 · 0.16%
2022$248,368 · 0.13%
Same employer
Similar plansManufacturing · Texas
Techline, Inc. TX$214.5M
Americas Styrenics LLC TX$213.8M · 0.06%
Mavenir Systems, Inc. TX$208.5M · 0.21%
Ch Guenther TX$205.6M · 0.14%
Epiroc North America Corp. TX$199.9M · 0.10%
Blue Bell Creameries, Inc. TX$195.3M · 0.04%
Klein Tools, Inc. TX$179.8M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 740989800 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.