Plan Ledger DOL Form 5500 · updated monthly

Orion Pacific, Inc.401(k)

ORION PACIFIC HOLDINGS CORP. 401(K) PLAN · ODESSA, TX · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Orion Pacific, Inc. reported $35,900 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $1,024 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 0.51% to 0.29%. 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 2,649th-largest of 5,688 plans among Texas employers on file, and 378th of 612 in mining, oil & gas extraction. In 2024, employees put in $3.88 for every $1.00 the employer contributed; active participation has shrunk from 225 to 200 since 2022.

Plan summary
Net assets, end of year$13,060,494
Participants with balances157
Active participants200
Employer contributions$204,774
Employee contributions$793,513
Employer contribution per active participant$1,024
Average account balance$83,188
Benefits paid to participants$1,400,012
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.1M · 157 accts · $205K emplr
2023$12.0M · 163 accts · $201K emplr
2022$10.5M · 172 accts · $208K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,900
Total administrative$35,900
The Orion Pacific, Inc. 401(k) match · 2024
Employer contribution per active participant$1,024
Median for plans this size$2,416
2024$1,024 per active participant
2023$1,042 per active participant
2022$925 per active participant

Orion Pacific, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20242
JOHN HANCOCK USA · Recordkeeping · Investment management$4,878
PENTEC PENSION MGT GROUP INC · Recordkeeping$2,670

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

Recordkeeper by year2
2024John Hancock, PENTEC PENSION MGT GROUP INC
2023John Hancock, PENTEC PENSION MGT GROUP INC

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

Administrative cost history3
2024$35,900 · 0.29%
2023$52,163 · 0.46%
2022$56,522 · 0.51%
Similar plansMining, Oil & Gas Extraction · Texas
Spur Energy Partners LLC TX$13.9M · 0.33%
Grayson Mill Operating, LLC TX$13.3M · 0.66%
Cyanco Holding Corporation TX$13.1M · 0.32%
Atlas Sand Company, LLC TX$13.0M · 0.47%
Aegsi Holdings LLC TX$12.7M · 0.52%
White Rock Oil & Gas, LLC TX$12.6M · 0.91%
Formentera Partners, LP TX$12.1M · 0.64%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 751559463 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.