Plan Ledger DOL Form 5500 · updated monthly

Nd Energy Services Management, Inc.401(k)

ND ENERGY SERVICES 401(K) PLAN · DICKINSON, ND · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Nd Energy Services Management, Inc. reported $27,954 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $2,987 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 5 years on file its reported administrative ratio rose from 0.11% to 0.20%. 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 137th-largest of 279 plans among North Dakota employers on file, and 349th of 612 in mining, oil & gas extraction. In 2024, employees put in $1.63 for every $1.00 the employer contributed; active participation has grown from 215 to 310 since 2019.

Plan summary
Net assets, end of year$15,614,474
Participants with balances224
Active participants310
Employer contributions$925,997
Employee contributions$1,508,567
Employer contribution per active participant$2,987
Average account balance$69,707
Benefits paid to participants$1,221,539
Plan auditUnmodified (clean) audit opinion
Plan history5
Yearassets · accounts · employer contribution
2024$15.6M · 224 accts · $926K emplr
2023$12.6M · 211 accts · $809K emplr
2022$8.2M · 146 accts · $587K emplr
2020$6.4M · 113 accts · $358K emplr
2019$3.9M · 89 accts · $333K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,954
Total administrative$27,954
The Nd Energy Services Management, Inc. 401(k) match · 2024
Employer contribution per active participant$2,987
Median for plans this size$2,416
2024$2,987 per active participant
2023$2,380 per active participant
2022$2,477 per active participant
2020$1,801 per active participant
2019$1,549 per active participant

Nd Energy Services Management, Inc.'s 2024 employer contribution ran above 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 · 20241
BRAVERA WEALTH · Recordkeeping · Trustee$27,954

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024BRAVERA WEALTH
2023BRAVERA WEALTH

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Administrative cost history5
2024$27,954 · 0.20%
2023$19,471 · 0.19%
2022$10,281 · 0.13%
2020$6,390 · 0.12%
2019$3,513 · 0.11%
All plans at this employer2
ND ENERGY SERVICES 401(K) PLAN401(k)
ND ENERGY SERVICES MANAGEMENT, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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Strata Corporation ND$59.4M · 0.24%
Petroleum Experience, Inc. ND$19.3M · 0.50%
Go Wireline LLC ND$15.4M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 822473170 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.