Plan Ledger DOL Form 5500 · updated monthly

Profrac Holdings II, LLC401(k)

PF HOLDINGS CORP. RETIREMENT PLAN · WILLOW PARK, TX · plan year 2024

Reported admin expense ratio · 2024
0.31%

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

Profrac Holdings II, LLC reported $298,495 in plan administrative expenses for 2024: 0.31% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,970 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 0.09% to 0.31%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 634th-largest of 5,688 plans among Texas employers on file, and the 108th of 612 in mining, oil & gas extraction. In 2024, employees put in $2.05 for every $1.00 the employer contributed; active participation has grown from 2,418 to 3,104 since 2022.

Plan summary
Net assets, end of year$103,908,664
Participants with balances2,887
Active participants3,104
Employer contributions$6,115,172
Employee contributions$12,542,398
Employer contribution per active participant$1,970
Average account balance$35,992
Benefits paid to participants$17,446,426
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$103.9M · 2,887 accts · $6.1M emplr
2023$87.0M · 2,425 accts · $5.9M emplr
2022$52.6M · 1,942 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$180,235
Investment management$118,260
Total administrative$298,495
The Profrac Holdings II, LLC 401(k) match · 2024
Employer contribution per active participant$1,970
Median for plans this size$3,635
2024$1,970 per active participant
2023$2,167 per active participant
2022$1,052 per active participant

Profrac Holdings II, LLC's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom quarter of its peers. 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$180,235
CREATIVE PLANNING LLC · Investment advisory (plan)$82,513
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$35,747

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$298,495 · 0.31%
2023$261,725 · 0.37%
2022$49,319 · 0.09%
Same employer
Similar plansMining, Oil & Gas Extraction · Texas
Tetra Technologies, Inc. TX$113.6M · 0.04%
Eni US Operating Co. Inc. TX$112.4M · 0.22%
Kosmos Energy, LLC TX$111.6M · 0.00%
Citation Oil & Gas Corp. TX$99.9M · 0.22%
Key Energy Services, Inc. TX$99.9M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 873882169 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.