Plan Ledger DOL Form 5500 · updated monthly

Peak Completion Technology, Inc.401(k)

PEAK COMPLETION TECHNOLOGY, INC. 401K PLAN · MIDLAND, TX · plan year 2022

Reported admin expense ratio · 2022
0.01%

Peak Completion Technology, Inc. reported $600 in plan administrative expenses for 2022: 0.01% of average plan assets, lower than ~75% of peers. 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 1 year on file its reported administrative ratio rose from 0.01% to 0.05%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is among the smaller plans on file in Texas (4,177th of 5,688), and 515th of 612 in mining, oil & gas extraction.

Plan summary
Net assets, end of year$4,594,544
Participants with balances299
Active participants35
Employer contributions—
Employee contributions$168,363
Employer contribution per active participant—
Average account balance$15,366
Benefits paid to participants$1,733,274
Plan auditUnmodified (clean) audit opinion
AuditorWEAVER & TIDWELL
Plan history2
Yearassets · accounts · employer contribution
2023$4.3M · 282 accts
2022$4.6M · 299 accts
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$600
Total administrative$600
What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$2,420 · 0.05%
2022$600 · 0.01%
Similar plansMining, Oil & Gas Extraction · Texas
Aggietech Investments Inc TX$5.0M · 0.29%
Sable Offshore Corp. TX$4.2M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 050592218 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.