Plan Ledger DOL Form 5500 · updated monthly

Go Wireline LLC401(k)

GO WIRELINE LLC 401(K) PROFIT SHARING PLAN · WILLISTON, ND · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Go Wireline LLC reported $2,363 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,489 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 rose from 0.01% to 0.02%. 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 139th-largest of 279 plans among North Dakota employers on file, and 351st of 612 in mining, oil & gas extraction. In 2024, employees put in $3.86 for every $1.00 the employer contributed; active participation has grown from 199 to 247 since 2022.

Plan summary
Net assets, end of year$15,401,930
Participants with balances180
Active participants247
Employer contributions$367,820
Employee contributions$1,420,183
Employer contribution per active participant$1,489
Average account balance$85,566
Benefits paid to participants$2,869,623
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.4M · 180 accts · $368K emplr
2023$14.2M · 165 accts · $309K emplr
2022$12.0M · 152 accts · $260K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,363
Total administrative$2,363
The Go Wireline LLC 401(k) match · 2024
Employer contribution per active participant$1,489
Median for plans this size$2,416
2024$1,489 per active participant
2023$1,230 per active participant
2022$1,308 per active participant

Go Wireline LLC's 2024 employer contribution ran below 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$2,363
NORTHWESTERN MUTUAL INVESTMENTindirect comp

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$2,363 · 0.02%
2023$2,025 · 0.02%
2022$1,137 · 0.01%
Same employer
Similar plansMining, Oil & Gas Extraction · North Dakota
Strata Corporation ND$59.4M · 0.24%
Petroleum Experience, Inc. ND$19.3M · 0.50%
Baker Rock Crushing Co. ND$6.5M · 0.57%

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Source: U.S. Department of Labor, Form 5500 series, EIN 451824436 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.