Plan Ledger DOL Form 5500 · updated monthly

Petrostar Services LLC401(k)

PETROSTAR SERVICES LLC 401K PLAN · SAN ANTONIO, TX · plan year 2023

Reported admin expense ratio · 2023
0.67%

Petrostar Services LLC reported $4,995 in plan administrative expenses for 2023: 0.67% of average plan assets, below the peer median. 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 0.52% to 0.67%. The plan sits in the under $1M size bracket, benchmarked here against 1,192 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is among the smaller plans on file in Texas (5,346th of 5,688), and 596th of 612 in mining, oil & gas extraction. active participation has shrunk from 52 to 27 since 2022.

Plan summary
Net assets, end of year$762,949
Participants with balances392
Active participants27
Employer contributions—
Employee contributions$142,957
Employer contribution per active participant—
Average account balance$1,946
Benefits paid to participants$234,005
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$763K · 392 accts
2022$725K · 445 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$4,995
Total administrative$4,995
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 · 20231
ADP, INC. · Loan processing · Recordkeeping$4,995

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
2023ADP

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Administrative cost history3
2024Not separately reported
2023$4,995 · 0.67%
2022$4,101 · 0.52%
Similar plansMining, Oil & Gas Extraction · Texas
Iron Horse Tools, Inc. TX$1.2M · 0.51%
Standard E and S, LLC TX$753K · 3.38%
B&S Integrity LLC TX$713K · 0.62%
Sewco TX$604K · 1.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 831771312 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.