Plan Ledger DOL Form 5500 · updated monthly

Select Water Solutions, Inc.401(k)

SELECT WATER SOLUTIONS, INC. 401(K) PLAN · GAINESVILLE, TX · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Select Water Solutions, Inc. reported $267,568 in plan administrative expenses for 2024: 0.23% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,568 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 rose from 0.09% to 0.23%. 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 527th-largest of 5,688 plans among Texas employers on file, and the 92nd of 612 in mining, oil & gas extraction. In 2024, employees put in $1.76 for every $1.00 the employer contributed; active participation has grown from 3,677 to 4,127 since 2022.

Plan summary
Net assets, end of year$126,180,159
Participants with balances2,924
Active participants4,127
Employer contributions$6,472,607
Employee contributions$11,366,426
Employer contribution per active participant$1,568
Average account balance$43,153
Benefits paid to participants$15,628,237
Plan auditUnmodified (clean) audit opinion
AuditorWITHUMSMITHBROWN PC
Plan history3
Yearassets · accounts · employer contribution
2024$126.2M · 2,924 accts · $6.5M emplr
2023$105.9M · 2,828 accts · $6.2M emplr
2022$85.3M · 2,602 accts · $2.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$230,068
Total administrative$267,568
The Select Water Solutions, Inc. 401(k) match · 2024
Employer contribution per active participant$1,568
Median for plans this size$3,635
2024$1,568 per active participant
2023$1,484 per active participant
2022$788 per active participant

Select Water Solutions, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$230,068
PRIME CAPITAL INVESTMENT ADVISORS · Investment advisory (plan)$37,500

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$267,568 · 0.23%
2023Not separately reported
2022$79,608 · 0.09%
Similar plansMining, Oil & Gas Extraction · Texas
Seadrill Americas Inc. TX$146.6M · 0.00%
Chord Energy Corporation TX$122.2M · 0.14%
J-W Power Company TX$119.4M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 814561945 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.