Plan Ledger DOL Form 5500 · updated monthly

Ranger Energy Services, LLC401(k)

RANGER ENERGY SERVICES 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.60%

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

Ranger Energy Services, LLC reported $402,882 in plan administrative expenses for 2024: 0.60% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,423 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 0.83% to 0.60%. 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 793rd-largest of 5,688 plans among Texas employers on file, and the 141st of 612 in mining, oil & gas extraction. In 2024, employees put in $2.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$75,542,479
Participants with balances2,095
Active participants1,654
Employer contributions$5,662,162
Employee contributions$12,813,356
Employer contribution per active participant$3,423
Average account balance$36,058
Benefits paid to participants$10,345,698
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$75.5M · 2,095 accts · $5.7M emplr
2023$58.6M · 2,086 accts · $5.7M emplr
2022$38.8M · 2,083 accts · $6.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$190,190
Investment management$184,757
Audit (IQPA)$27,935
Total administrative$402,882
The Ranger Energy Services, LLC 401(k) match · 2024
Employer contribution per active participant$3,423
Median for plans this size$3,635
2024$3,423 per active participant
2023$3,425 per active participant
2022$3,894 per active participant

Ranger Energy Services, LLC's 2024 employer contribution ran below the $3,635 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 · Investment advisory (plan)$196,192
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$174,880
CALVETTI FERGUSON · Accounting / audit$27,935

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$402,882 · 0.60%
2023$216,268 · 0.44%
2022$284,459 · 0.83%
Same employer
Similar plansMining, Oil & Gas Extraction · Texas
Ep Energy Global, LLC TX$82.4M · 0.17%
Quarternorth Energy LLC TX$81.9M · 0.17%
Texas United Corporation TX$80.8M · 0.11%
Cnooc Energy U.S.A. LLC TX$73.9M · 0.02%
Arena Energy, LLC TX$70.0M · 0.03%
Cnooc Petroleum U.S.A. Inc. TX$67.0M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471507173 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.