Plan Ledger DOL Form 5500 · updated monthly

Frank's International, LLC401(k)

EXPRO U.S. EMPLOYEE 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Frank's International, LLC reported $129,804 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $4,509 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 0.12% to 0.08%. 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 430th-largest of 5,688 plans among Texas employers on file, and the 76th of 612 in mining, oil & gas extraction. In 2024, employees put in $1.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$179,115,803
Participants with balances1,694
Active participants1,161
Employer contributions$5,234,993
Employee contributions$9,084,040
Employer contribution per active participant$4,509
Average account balance$105,735
Benefits paid to participants$18,902,827
Plan auditUnmodified (clean) audit opinion
AuditorMELTON AND MELTON
Plan history3
Yearassets · accounts · employer contribution
2024$179.1M · 1,694 accts · $5.2M emplr
2023$154.3M · 1,694 accts · $4.9M emplr
2022$133.7M · 1,706 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$129,804
Total administrative$129,804
The Frank's International, LLC 401(k) match · 2024
Employer contribution per active participant$4,509
Median for plans this size$3,635
2024$4,509 per active participant
2023$4,351 per active participant
2022$1,550 per active participant

Frank's International, LLC's 2024 employer contribution ran above 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 · 20241

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$129,804 · 0.08%
2023$133,466 · 0.09%
2022$146,299 · 0.12%
Same employer
Similar plansMining, Oil & Gas Extraction · Texas
U.S. Silica Company TX$215.0M · 0.10%
Denbury Inc. TX$207.4M · 0.04%
Genesis Energy, LLC TX$184.7M · 0.06%
Seadrill Americas Inc. TX$146.6M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760220152 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.