Plan Ledger DOL Form 5500 · updated monthly

Newpark Resources, Inc.401(k)

NEWPARK RESOURCES, INC. SAVINGS & INVESTMENT PLAN · THE WOODLANDS, TX · plan year 2023

Reported admin expense ratio · 2023
0.16%

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

Newpark Resources, Inc. reported $124,959 in plan administrative expenses for 2023: 0.16% of average plan assets, above the peer median. Employer contributions averaged $4,420 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 0.13% to 0.19%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 742nd-largest of 5,688 plans among Texas employers on file, and the 130th of 612 in mining, oil & gas extraction. In 2023, employees put in $2.16 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$82,558,637
Participants with balances1,223
Active participants620
Employer contributions$2,740,410
Employee contributions$5,912,095
Employer contribution per active participant$4,420
Average account balance$67,505
Benefits paid to participants$14,453,898
Plan auditUnmodified (clean) audit opinion
AuditorDESROCHES PARTNERS, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$44.9M · 689 accts · $2.7M emplr
2023$82.6M · 1,223 accts · $2.7M emplr
2022$74.8M · 1,689 accts · $3.1M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$124,959
Total administrative$124,959
The Newpark Resources, Inc. 401(k) match · 2023
Employer contribution per active participant$4,420
Median for plans this size$3,659
2024$4,572 per active participant
2023$4,420 per active participant
2022$4,996 per active participant

Newpark Resources, Inc.'s 2023 employer contribution ran above the $3,659 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 · 20232
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$124,960
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$119,080 · 0.19%
2023$124,959 · 0.16%
2022$107,088 · 0.13%
Same employer
Similar plansMining, Oil & Gas Extraction · Texas
Verdun Management Co LLC TX$89.6M · 0.20%
W & T Offshore, Inc. TX$88.4M · 0.09%
Fasken Oil and Ranch, LTD. TX$82.5M · 0.02%
Ep Energy Global, LLC TX$82.4M · 0.17%
Quarternorth Energy LLC TX$81.9M · 0.17%
Texas United Corporation TX$80.8M · 0.11%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 721123385 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.