Plan Ledger DOL Form 5500 · updated monthly

Ptw Energy Services, Inc.401(k)

PTW ENERGY SERVICES, INC. 401(K) PLAN · THE WOODLANDS, TX · plan year 2022

Reported admin expense ratio · 2022
0.71%

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

Ptw Energy Services, Inc. reported $37,157 in plan administrative expenses for 2022: 0.71% of average plan assets, above the peer median. Employer contributions averaged $225 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 1 year on file its reported administrative ratio rose from 0.71% to 2.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Texas (4,170th of 5,688), and 4,083rd of 5,337 in construction. In 2022, employees put in $4.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,613,949
Participants with balances257
Active participants241
Employer contributions$54,286
Employee contributions$253,818
Employer contribution per active participant$225
Average account balance$17,953
Benefits paid to participants$667,367
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$43K · 10 accts · $10K emplr
2022$4.6M · 257 accts · $54K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$23,955
Investment management$13,202
Total administrative$37,157
The Ptw Energy Services, Inc. 401(k) match · 2022
Employer contribution per active participant$225
Median for plans this size$1,114
2023$289 per active participant
2022$225 per active participant

Ptw Energy Services, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$47,173 · 2.03%
2022$37,157 · 0.71%
Same employer
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Capstone Mechanical, LLC TX$4.6M · 1.39%
Intercool USA, LLC TX$4.6M · 0.93%
Pat Tank, Inc. TX$4.5M · 0.05%
Rexco, Inc. TX$4.4M · 0.96%

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Source: U.S. Department of Labor, Form 5500 series, EIN 465280958 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.