Plan Ledger DOL Form 5500 · updated monthly

Hi-Crush Services LLC401(k)

HI-CRUSH SERVICES LLC 401(K) PLAN · HOUSTON, TX · plan year 2023

Reported admin expense ratio · 2023
0.48%

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

Hi-Crush Services LLC reported $81,768 in plan administrative expenses for 2023: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,053 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 0.44% to 0.52%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 2,035th-largest of 5,688 plans among Texas employers on file, and 309th of 612 in mining, oil & gas extraction. In 2023, employees put in $1.81 for every $1.00 the employer contributed; active participation has grown from 541 to 689 since 2022.

Plan summary
Net assets, end of year$19,735,499
Participants with balances802
Active participants689
Employer contributions$1,414,342
Employee contributions$2,566,367
Employer contribution per active participant$2,053
Average account balance$24,608
Benefits paid to participants$1,754,759
Plan auditUnmodified (clean) audit opinion
AuditorEEPB
Plan history3
Yearassets · accounts · employer contribution
2024$17.5M · 343 accts · $964K emplr
2023$19.7M · 802 accts · $1.4M emplr
2022$14.2M · 933 accts · $1.1M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$79,442
Investment management$2,326
Total administrative$81,768
The Hi-Crush Services LLC 401(k) match · 2023
Employer contribution per active participant$2,053
Median for plans this size$2,440
2024$8,169 per active participant
2023$2,053 per active participant
2022$2,061 per active participant

Hi-Crush Services LLC's 2023 employer contribution ran below the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
LINCOLN NATIONAL CORP · Contract administrator$81,767

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$96,579 · 0.52%
2023$81,768 · 0.48%
2022$63,840 · 0.44%
Same employer
Similar plansMining, Oil & Gas Extraction · Texas
US Well Services, LLC TX$21.1M · 0.57%
Morningstar Partners, L.P. TX$20.2M · 0.61%
Silverbow Resources, Inc. TX$19.9M · 0.08%
Urban Oil & Gas Group, LLC TX$19.8M · 0.58%
Jobe Materials, LP TX$19.6M · 0.94%
Ranger Oil Corporation TX$19.2M · 0.11%
Ncs Multistage LLC TX$19.0M · 0.02%
Vernon E. Faulconer, Inc. TX$18.7M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611686206 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.