Plan Ledger DOL Form 5500 · updated monthly

Latshaw Drilling Co., LLC401(k)

LATSHAW DRILLING CO., LLC 401(K) PLAN · TULSA, OK · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Latshaw Drilling Co., LLC reported $34,451 in plan administrative expenses for 2024: 0.40% of average plan assets, below the peer median. Employer contributions averaged $2,886 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 0.59% to 0.40%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is among the smaller plans on file in Oklahoma (420th of 724), and 433rd of 612 in mining, oil & gas extraction. In 2024, employees put in $1.84 for every $1.00 the employer contributed; active participation has shrunk from 218 to 139 since 2022.

Plan summary
Net assets, end of year$9,180,239
Participants with balances217
Active participants139
Employer contributions$401,147
Employee contributions$738,608
Employer contribution per active participant$2,886
Average account balance$42,305
Benefits paid to participants$1,226,619
Plan auditUnmodified (clean) audit opinion
AuditorEIDE BAILLY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$9.2M · 217 accts · $401K emplr
2023$8.2M · 278 accts · $440K emplr
2022$6.6M · 297 accts · $322K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$34,451
Total administrative$34,451
The Latshaw Drilling Co., LLC 401(k) match · 2024
Employer contribution per active participant$2,886
Median for plans this size$1,313
2024$2,886 per active participant
2023$2,245 per active participant
2022$1,476 per active participant

Latshaw Drilling Co., LLC's 2024 employer contribution ran above the $1,313 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.

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 · 20245
ADP RETIREMENT SERVICES · Other services$24,408
HUB INVESTMENT PARTNERS, LLC · Investment advisory (plan)$4,354
EMPLOYEE BENEFITS GROUP, LLC · Contract administrator$3,488
EMPOWER ADVISORY GROUP · Investment management$52

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$34,451 · 0.40%
2023$48,791 · 0.66%
2022$40,582 · 0.59%
Same employer
Similar plansMining, Oil & Gas Extraction · Oklahoma
Le Jones Operating OK$9.6M · 0.20%
Kemp Quarries OK$9.4M · 0.03%
Circle 9 Resources LLC OK$7.3M · 0.07%
Jones Energy, LLC OK$6.8M · 0.64%
Edge Ofs Holdings OK$5.5M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 202901997 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.