Plan Ledger DOL Form 5500 · updated monthly

Great Basin Petroleum Services, LPESOP

GREAT BASIN PETROLEUM SERVICES EMPLOYEE STOCK OWNERSHIP PLAN · ODESSA, TX · plan year 2023

Employer contribution per participant · 2023
$11,392

Great Basin Petroleum Services, LP's 2023 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $1,611,428 across 0 participant accounts, with employer contributions averaging $11,392 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Texas (5,058th of 5,688), and 11,019th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$1,611,428
Participants with balances0
Active participants39
Employer contributions$444,292
Employee contributions—
Employer contribution per active participant$11,392
Average account balance—
Plan history2
Yearassets · accounts · employer contribution
2023$1.6M · $444K emplr
2022$820K · 125 accts · $554K emplr
Employer contributions to the Great Basin Petroleum Services, LP plan · 2023
Employer contribution per active participant$11,392
Median for plans this size$1,308
2023$11,392 per active participant
2022$14,217 per active participant

Great Basin Petroleum Services, LP's 2023 employer contribution ran above the $1,308 median for plans its size, placing it in the top 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.

Administrative cost history2
2023Not separately reported
2022Not separately reported
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Source: U.S. Department of Labor, Form 5500 series, EIN 752507158 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.