Plan Ledger DOL Form 5500 · updated monthly

Pacific Drilling401(k)

PACIFIC DRILLING 401(K) PLAN · SUGAR LAND, TX · plan year 2020

Reported admin expense ratio · 2020
0.06%

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

Pacific Drilling reported $31,959 in plan administrative expenses for 2020: 0.06% of average plan assets, below the peer median. Employer contributions averaged $6,068 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.

The plan sits in the $50M–$250M size bracket, benchmarked here against 27 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 1,044th-largest of 5,688 plans among Texas employers on file, and the 180th of 612 in mining, oil & gas extraction. In 2020, employees put in $1.81 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$50,748,210
Participants with balances—
Active participants282
Employer contributions$1,711,273
Employee contributions$3,094,151
Employer contribution per active participant$6,068
Average account balance—
Benefits paid to participants$14,092,878
Plan auditDisclaimer of opinion
AuditorHAM, LANSGTON, AND BREZINA, LLP
Administrative expenses, itemized · 2020
Recordkeeping & contract admin$31,959
Total administrative$31,959
The Pacific Drilling 401(k) match · 2020
Employer contribution per active participant$6,068
Median for plans this size$2,831

Pacific Drilling's 2020 employer contribution ran above the $2,831 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 2020 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2020$31,959 · 0.06%
Similar plansMining, Oil & Gas Extraction · Texas
Callon Petroleum Company TX$53.2M · 0.14%
Encino Energy, LLC TX$52.7M · 0.06%
Crownquest Operating, L.L.C TX$51.7M · 0.18%
Csi Compressco Gp, LLC TX$51.1M · 0.03%
Exco Resources, Inc. TX$50.4M · 0.24%
Newpark Drilling Fluids LLC TX$47.8M · 0.03%
Comstock Resources, Inc. TX$43.9M · 0.26%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 814037655 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.