Plan Ledger DOL Form 5500 · updated monthly

Reach Wireline, LLC401(k)

EDGE OFS 401(K) PLAN · FORT WORTH, TX · plan year 2022

Reported admin expense ratio · 2022
0.97%

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

Reach Wireline, LLC reported $29,369 in plan administrative expenses for 2022: 0.97% of average plan assets, higher than ~75% of peers. Employer contributions averaged $22 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 mining, oil & gas extraction employers. By assets it is among the smaller plans on file in Texas (4,706th of 5,688), and 550th of 612 in mining, oil & gas extraction. In 2022, employees put in $37.92 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,618,758
Participants with balances146
Active participants739
Employer contributions$15,898
Employee contributions$602,854
Employer contribution per active participant$22
Average account balance$17,937
Benefits paid to participants$1,113,524
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$9,760
Investment management$19,609
Total administrative$29,369
The Reach Wireline, LLC 401(k) match · 2022
Employer contribution per active participant$22
Median for plans this size$1,114

Reach Wireline, LLC'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 history1
2022$29,369 · 0.97%
Similar plansMining, Oil & Gas Extraction · Texas
Winco Development, LLC TX$3.5M · 0.28%
Warrior Technologies, LLC TX$2.8M · 2.10%
Wildcat Oil Tools, LLC TX$2.6M · 0.93%
Tierra Lease Service, LLC TX$2.6M · 0.06%
Circle 8 Newco, LLC TX$2.4M · 0.02%
Iacx Energy, LLC TX$2.4M · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 815429819 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.