Plan Ledger DOL Form 5500 · updated monthly

Scientific Drilling International, Inc.401(k)

SCIENTIFIC DRILLING INTERNATIONAL EMPLOYEE SAVING AND INVESTMENT PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Scientific Drilling International, Inc. reported $184,411 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $2,894 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 0.19% to 0.16%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 545th-largest of 5,688 plans among Texas employers on file, and the 1,261st of 11,654 in professional & technical services. In 2024, employees put in $2.91 for every $1.00 the employer contributed; active participation has shrunk from 608 to 494 since 2022.

Plan summary
Net assets, end of year$122,375,303
Participants with balances877
Active participants494
Employer contributions$1,429,829
Employee contributions$4,165,535
Employer contribution per active participant$2,894
Average account balance$139,539
Benefits paid to participants$12,202,972
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$122.4M · 877 accts · $1.4M emplr
2023$113.8M · 959 accts · $1.6M emplr
2022$100.6M · 1,026 accts · $1.4M emplr
The Scientific Drilling International, Inc. 401(k) match · 2024
Employer contribution per active participant$2,894
Median for plans this size$3,635
2024$2,894 per active participant
2023$2,739 per active participant
2022$2,255 per active participant

Scientific Drilling International, Inc.'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 · 20244
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$103,011
SWBC INVESTMENT ADVISORY SVCS · Investment advisory (plan)$35,144
VANGUARD ADVISERS INC. · Investment advisory (participants)$32,876
PANNELL KERR FORSTER OF TX PC$18,180

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$184,411 · 0.16%
2023$184,419 · 0.17%
2022$213,512 · 0.19%
Same employer
Similar plansProfessional & Technical Services · Texas
Wood Mackenzie, Inc. TX$122.9M · 0.14%
Corgan Associates, Inc. TX$122.8M · 0.17%
Access Plans LLC TX$122.4M · 0.34%
Pbk Architects, Inc. TX$121.0M · 0.13%
D & M Holding Inc. TX$119.1M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952670371 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.