Plan Ledger DOL Form 5500 · updated monthly

Ensign United States Drilling Inc.401(k)

ENSIGN UNITED STATES DRILLING INC. 401(K) PROFIT SHARING PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Ensign United States Drilling Inc. reported $108,892 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $1,340 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 0.13% to 0.11%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 638th-largest of 5,688 plans among Texas employers on file, and the 109th of 612 in mining, oil & gas extraction. In 2024, employees put in $1.67 for every $1.00 the employer contributed; active participation has grown from 2,241 to 2,516 since 2022.

Plan summary
Net assets, end of year$103,004,304
Participants with balances1,221
Active participants2,516
Employer contributions$3,370,451
Employee contributions$5,641,058
Employer contribution per active participant$1,340
Average account balance$84,361
Benefits paid to participants$10,859,664
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$103.0M · 1,221 accts · $3.4M emplr
2023$94.6M · 1,277 accts · $3.5M emplr
2022$80.9M · 1,324 accts · $3.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$108,892
Total administrative$108,892
The Ensign United States Drilling Inc. 401(k) match · 2024
Employer contribution per active participant$1,340
Median for plans this size$3,635
2024$1,340 per active participant
2023$1,304 per active participant
2022$1,446 per active participant

Ensign United States Drilling Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom 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 · 20241
SCHWAB RETIREMENT PLAN SERVICES INC · Recordkeeping$108,792

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$108,892 · 0.11%
2023$111,514 · 0.13%
2022$120,323 · 0.13%
Same employer
Similar plansMining, Oil & Gas Extraction · Texas
Tetra Technologies, Inc. TX$113.6M · 0.04%
Eni US Operating Co. Inc. TX$112.4M · 0.22%
Kosmos Energy, LLC TX$111.6M · 0.00%
Profrac Holdings II, LLC TX$103.9M · 0.31%
Citation Oil & Gas Corp. TX$99.9M · 0.22%
Key Energy Services, Inc. TX$99.9M · 0.17%
Parker Drilling Company TX$96.5M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841281167 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.