Plan Ledger DOL Form 5500 · updated monthly

Noble Services Company LLC401(k)

NOBLE SERVICES COMPANY LLC 401(K) AND PROFIT SHARING PLAN · SUGAR LAND, TX · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Noble Services Company LLC reported $222,110 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $7,024 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 0.13% to 0.07%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 267th-largest of 5,688 plans among Texas employers on file, and the 45th of 612 in mining, oil & gas extraction. In 2024, employees put in $1.50 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$344,206,622
Participants with balances2,144
Active participants1,299
Employer contributions$9,124,122
Employee contributions$13,684,893
Employer contribution per active participant$7,024
Average account balance$160,544
Benefits paid to participants$38,385,113
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$344.2M · 2,144 accts · $9.1M emplr
2023$295.2M · 2,279 accts · $8.2M emplr
2022$251.1M · 2,209 accts · $2.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$150,891
Investment management$71,219
Total administrative$222,110
The Noble Services Company LLC 401(k) match · 2024
Employer contribution per active participant$7,024
Median for plans this size$4,294
2024$7,024 per active participant
2023$5,706 per active participant
2022$2,132 per active participant

Noble Services Company LLC's 2024 employer contribution ran above the $4,294 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$151,540
CAPTRUST · Investment advisory (participants) · Investment advisory (plan)$71,219

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$222,110 · 0.07%
2023$431,532 · 0.16%
2022$350,637 · 0.13%
Same employer
Similar plansMining, Oil & Gas Extraction · Texas
Coterra Energy Inc. TX$534.4M · 0.02%
Hunt Consolidated, Inc. TX$415.0M · 0.06%
Nabors Industries, Inc. TX$370.9M · 0.02%
Merit Energy Company, LLC TX$277.3M · 0.03%
Repsol Services Company TX$240.7M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 853318770 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.