Plan Ledger DOL Form 5500 · updated monthly

Scandrill, Inc.401(k)

SCANDRILL, INC. 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Scandrill, Inc. reported $15,862 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $400 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 0.14% to 0.10%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 2,353rd-largest of 5,688 plans among Texas employers on file, and 347th of 612 in mining, oil & gas extraction. In 2024, employees put in $11.95 for every $1.00 the employer contributed; active participation has shrunk from 366 to 280 since 2022.

Plan summary
Net assets, end of year$15,753,725
Participants with balances365
Active participants280
Employer contributions$111,950
Employee contributions$1,337,819
Employer contribution per active participant$400
Average account balance$43,161
Benefits paid to participants$2,339,457
Plan auditUnmodified (clean) audit opinion
AuditorWITHUMSMITHBROWN, PC
Plan history3
Yearassets · accounts · employer contribution
2024$15.8M · 365 accts · $112K emplr
2023$14.8M · 462 accts · $242K emplr
2022$12.0M · 469 accts · $148K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$12,752
Investment management$3,110
Total administrative$15,862
The Scandrill, Inc. 401(k) match · 2024
Employer contribution per active participant$400
Median for plans this size$2,416
2024$400 per active participant
2023$679 per active participant
2022$404 per active participant

Scandrill, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$12,752

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$15,862 · 0.10%
2023$17,256 · 0.13%
2022$18,315 · 0.14%
Same employer
Similar plansMining, Oil & Gas Extraction · Texas
Earthstone Operating, LLC TX$16.4M · 0.34%
Elementia USA LLC TX$16.4M · 0.33%
Fleur de Lis Energy, L.L.C. TX$15.1M · 0.48%
Spur Energy Partners LLC TX$13.9M · 0.33%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 741914865 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.