Plan Ledger DOL Form 5500 · updated monthly

Noble Oil Services Inc401(k)

NOBLE OIL SERVICES INC 401(K) PROFIT SHARING PLAN · SANFORD, NC · plan year 2023

Reported admin expense ratio · 2023
0.33%

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

Noble Oil Services Inc reported $25,058 in plan administrative expenses for 2023: 0.33% of average plan assets, below the peer median. Employer contributions averaged $1,071 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 has held roughly steady near 0.334%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in North Carolina (1,262nd of 2,005), and 3,266th of 4,246 in wholesale trade. In 2023, employees put in $3.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,648,649
Participants with balances205
Active participants184
Employer contributions$197,076
Employee contributions$648,625
Employer contribution per active participant$1,071
Average account balance$37,310
Benefits paid to participants$1,710,397
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $109K emplr
2023$7.6M · 205 accts · $197K emplr
2022$7.3M · 181 accts · $133K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$4,589
Investment management$20,469
Total administrative$25,058
The Noble Oil Services Inc 401(k) match · 2023
Employer contribution per active participant$1,071
Median for plans this size$1,308
2023$1,071 per active participant
2022$790 per active participant

Noble Oil Services Inc's 2023 employer contribution ran below the $1,308 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 · 20233
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$20,468
ADP, INC. · Loan processing · Recordkeeping$4,589
ADP BROKER-DEALER · Other servicesindirect 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
2024ADP, Bank of America / Merrill
2023ADP, Bank of America / Merrill

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

Administrative cost history3
2024Not separately reported
2023$25,058 · 0.33%
2022$23,605 · 0.33%
Same employer
Similar plansWholesale Trade · North Carolina
Long Beverage, Inc. NC$7.7M · 0.31%
Blumenthal Holdings, LLC NC$7.2M · 0.38%
Vivet, Inc NC$7.1M · 0.22%
Staline Waterworks, Inc. NC$6.9M · 0.25%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 561508693 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.