Plan Ledger DOL Form 5500 · updated monthly

Primeenergy Corporation401(k)

PRIMEENERGY CORPORATION EMPLOYEES 401(K) SAVINGS P · HOUSTON, TX · plan year 2023

Reported admin expense ratio · 2023
0.15%

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

Primeenergy Corporation reported $41,646 in plan administrative expenses for 2023: 0.15% of average plan assets, below the peer median. Employer contributions averaged $4,171 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 0.37% to 0.29%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 1,649th-largest of 5,688 plans among Texas employers on file, and the 253rd of 612 in mining, oil & gas extraction. In 2023, employees put in $1.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$27,388,246
Participants with balances151
Active participants87
Employer contributions$362,849
Employee contributions$672,326
Employer contribution per active participant$4,171
Average account balance$181,379
Benefits paid to participants$2,856,894
Plan auditUnmodified (clean) audit opinion
AuditorGRASSI & CO., CPA'S, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$26.0M · 151 accts · $368K emplr
2023$27.4M · 151 accts · $363K emplr
2022$26.4M · 152 accts · $363K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$41,646
Total administrative$41,646
The Primeenergy Corporation 401(k) match · 2023
Employer contribution per active participant$4,171
Median for plans this size$2,440
2024$7,217 per active participant
2023$4,171 per active participant
2022$4,275 per active participant

Primeenergy Corporation's 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231

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$77,901 · 0.29%
2023$41,646 · 0.15%
2022$104,107 · 0.37%
Same employer
Similar plansMining, Oil & Gas Extraction · Texas
Pason Systems USA Corp. TX$29.5M · 0.11%
Ecopetrol USA, Inc. TX$29.3M · 0.22%
Maguire Oil Company TX$28.7M · 0.22%
Basa Resources, Inc. TX$26.2M · 0.25%
Dawson Geophysical Company TX$25.3M · 0.45%
Baytex Energy USA, Inc. TX$25.2M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 840637348 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.