Plan Ledger DOL Form 5500 · updated monthly

Q2 Artificial Lift Services, LLC401(k)

Q2 ARTIFICIAL LIFT SERVICES, LLC 401(K) PLAN AND TRUST · MIDLAND, TX · plan year 2022

Reported admin expense ratio · 2022
2.27%

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

Q2 Artificial Lift Services, LLC reported $72,361 in plan administrative expenses for 2022: 2.27% of average plan assets, higher than ~90% of peers. Employer contributions averaged $993 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in Texas (4,704th of 5,688), and 1,771st of 2,096 in real estate & leasing. In 2022, employees put in $1.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,620,157
Participants with balances89
Active participants184
Employer contributions$182,656
Employee contributions$324,388
Employer contribution per active participant$993
Average account balance$29,440
Benefits paid to participants$985,649
Plan auditUnmodified (clean) audit opinion
AuditorDARNALL, SIKES & FREDERICK
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$72,361
Total administrative$72,361
The Q2 Artificial Lift Services, LLC 401(k) match · 2022
Employer contribution per active participant$993
Median for plans this size$1,114

Q2 Artificial Lift Services, LLC's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$72,361 · 2.27%
Same employer
Similar plansReal Estate & Leasing · Texas
Focus Staff Services LP TX$2.8M · 2.17%
Hilltop Residential LLC TX$2.7M · 2.63%
Tradition Management, LLC TX$2.6M · 0.48%
Dayrise Residential, LLC TX$2.5M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 371848758 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.