Plan Ledger DOL Form 5500 · updated monthly

Pro Directional401(k)

PRO DIRECTIONAL 401(K) PLAN · CONROE, TX · plan year 2024

Reported admin expense ratio · 2024
0.58%

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

Pro Directional reported $96,386 in plan administrative expenses for 2024: 0.58% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,432 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 rose from 0.49% to 0.58%. 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 2,176th-largest of 5,688 plans among Texas employers on file, and 324th of 612 in mining, oil & gas extraction. In 2024, employees put in $3.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,887,013
Participants with balances216
Active participants336
Employer contributions$481,247
Employee contributions$1,696,406
Employer contribution per active participant$1,432
Average account balance$82,810
Benefits paid to participants$2,029,975
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.9M · 216 accts · $481K emplr
2023$15.5M · 210 accts · $629K emplr
2022$11.3M · 195 accts · $252K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,263
Investment management$57,123
Total administrative$96,386
The Pro Directional 401(k) match · 2024
Employer contribution per active participant$1,432
Median for plans this size$2,416
2024$1,432 per active participant
2023$1,710 per active participant
2022$693 per active participant

Pro Directional's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
JOHN HANCOCK · Recordkeeping · Loan processing$39,267
UBS FINANCIAL · Investment advisory (plan)$48,497
USI ADVISORS INC · Consulting$8,626

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
2023John Hancock

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

Administrative cost history3
2024$96,386 · 0.58%
2023$67,655 · 0.50%
2022$57,580 · 0.49%
Same employer
Similar plansMining, Oil & Gas Extraction · Texas
Ranger Oil Corporation TX$19.2M · 0.11%
Ncs Multistage LLC TX$19.0M · 0.02%
Vernon E. Faulconer, Inc. TX$18.7M · 0.00%
Pci Nitrogen, LLC TX$17.7M · 0.16%
Tug Hill Inc TX$17.6M · 0.17%
Battalion Oil Corporation TX$17.6M · 0.25%
Smart Sand Inc TX$17.4M · 1.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 331173262 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.