Plan Ledger DOL Form 5500 · updated monthly

Enterprise Offshore Drilling LLC401(k)

ENTERPRISE OFFSHORE DRILLING 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Enterprise Offshore Drilling LLC reported $27,439 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $3,382 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 0.26% to 0.21%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 2,395th-largest of 5,688 plans among Texas employers on file, and 352nd of 612 in mining, oil & gas extraction. In 2024, employees put in $1.82 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$15,321,640
Participants with balances419
Active participants407
Employer contributions$1,376,640
Employee contributions$2,509,853
Employer contribution per active participant$3,382
Average account balance$36,567
Benefits paid to participants$1,103,102
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.3M · 419 accts · $1.4M emplr
2023$11.1M · 417 accts · $1.3M emplr
2022$6.0M · 444 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,439
Total administrative$27,439
The Enterprise Offshore Drilling LLC 401(k) match · 2024
Employer contribution per active participant$3,382
Median for plans this size$2,416
2024$3,382 per active participant
2023$3,034 per active participant

Enterprise Offshore Drilling LLC's 2024 employer contribution ran above the $2,416 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$27,439

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$27,439 · 0.21%
2023$19,279 · 0.23%
2022$16,095 · 0.26%
Same employer
Similar plansMining, Oil & Gas Extraction · Texas
Elementia USA LLC TX$16.4M · 0.33%
Scandrill, Inc. TX$15.8M · 0.10%
Fleur de Lis Energy, L.L.C. TX$15.1M · 0.48%
Spur Energy Partners LLC TX$13.9M · 0.33%
Grayson Mill Operating, LLC TX$13.3M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 813669719 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.