Plan Ledger DOL Form 5500 · updated monthly

E & a Welding & Oilfield Service, Inc.401(k)

E & A WELDING & OILFIELD SERVICE, INC. 401(K) PROFIT SHARING PLAN · ODESSA, TX · plan year 2024

Reported admin expense ratio · 2024
1.64%

E & a Welding & Oilfield Service, Inc. reported $32,032 in plan administrative expenses for 2024: 1.64% of average plan assets, higher than ~90% 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 fell from 1.79% to 1.64%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Texas (4,884th of 5,688), and 10,847th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$2,094,749
Participants with balances119
Active participants117
Employer contributions—
Employee contributions$236,432
Employer contribution per active participant—
Average account balance$17,603
Benefits paid to participants$152,514
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.1M · 119 accts
2023$1.8M · 114 accts
2022$1.5M · 101 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$32,032
Total administrative$32,032
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$25,182
ASCENSUS · Contract administrator · Other services$11,913

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$32,032 · 1.64%
2023$24,665 · 1.48%
2022$30,121 · 1.79%
Similar plansProfessional & Technical Services · Texas
Slg Millennium Group LLC TX$2.2M · 0.04%
Rae Energy (US), Inc TX$2.1M · 0.78%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752609663 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.