Plan Ledger DOL Form 5500 · updated monthly

Drill Tech Drilling and Shoring, Inc.401(k)

DRILL TECH DRILLING AND SHORING, INC. 401(K) PLAN · ANTIOCH, CA · plan year 2022

Reported admin expense ratio · 2022
0.36%

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

Drill Tech Drilling and Shoring, Inc. reported $33,940 in plan administrative expenses for 2022: 0.36% of average plan assets, below the peer median. Employer contributions averaged $2,847 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in California (5,798th of 9,483), and 3,271st of 5,337 in construction. In 2022, employees put in $2.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,790,564
Participants with balances110
Active participants111
Employer contributions$316,049
Employee contributions$677,741
Employer contribution per active participant$2,847
Average account balance$79,914
Benefits paid to participants$678,674
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Investment management$22,616
Total administrative$33,940
The Drill Tech Drilling and Shoring, Inc. 401(k) match · 2022
Employer contribution per active participant$2,847
Median for plans this size$1,114

Drill Tech Drilling and Shoring, Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$33,940 · 0.36%
Similar plansConstruction · California
Homesite Services, Inc. CA$8.9M · 0.77%
Danco Builders CA$8.9M · 0.26%
Dow Hydraulic Systems CA$8.8M · 0.19%
Freedom Forever LLC CA$8.8M · 1.01%
Park Ventures, LLC CA$8.8M · 0.70%
The Grupe Company CA$8.6M · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911854749 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.