Plan Ledger DOL Form 5500 · updated monthly

Shelf Drilling Management Services Dmcc401(k)

SHELF DRILLING US 401(K) PLAN · PORTLAND, OR · plan year 2022

Reported admin expense ratio · 2022
0.20%

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

Shelf Drilling Management Services Dmcc reported $30,153 in plan administrative expenses for 2022: 0.20% of average plan assets, below the peer median. Employer contributions averaged $16,684 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 $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 456th-largest of 1,021 plans among Oregon employers on file, and 369th of 612 in mining, oil & gas extraction. In 2022, the employer put in $1.55 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$14,028,796
Participants with balances75
Active participants51
Employer contributions$850,905
Employee contributions$549,843
Employer contribution per active participant$16,684
Average account balance$187,051
Benefits paid to participants$1,705,887
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$30,153
Total administrative$30,153
The Shelf Drilling Management Services Dmcc 401(k) match · 2022
Employer contribution per active participant$16,684
Median for plans this size$2,266

Shelf Drilling Management Services Dmcc's 2022 employer contribution ran above the $2,266 median for plans its size, placing it in the top 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$30,153 · 0.20%
Similar plansMining, Oil & Gas Extraction · Oregon
Levare U.S., Inc. OK$14.1M · 0.34%
Howard Energy Co., Inc. CA$14.1M · 0.01%
National Ewp, Inc. NV$14.1M · 0.57%
Keystone Lime Co., Inc. PA$14.0M · 0.19%
Spur Energy Partners LLC TX$13.9M · 0.33%
Coterra Energy Inc. PA$13.5M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 981085895 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.