Plan Ledger DOL Form 5500 · updated monthly

Smart Sand Inc401(k)

SMART SAND, INC. RETIREMENT PLAN · SPRING, TX · plan year 2025

Reported admin expense ratio · 2025
1.02%

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

Smart Sand Inc reported $174,793 in plan administrative expenses for 2025: 1.02% of average plan assets, higher than ~90% of peers. Employer contributions averaged $3,405 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 4 years on file its reported administrative ratio has held roughly steady near 1.023%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 2,212th-largest of 5,688 plans among Texas employers on file, and 332nd of 612 in mining, oil & gas extraction. In 2025, employees put in $1.67 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,402,987
Participants with balances316
Active participants287
Employer contributions$977,299
Employee contributions$1,634,126
Employer contribution per active participant$3,405
Average account balance$55,073
Benefits paid to participants$4,595,009
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$17.4M · 316 accts · $977K emplr
2024$16.8M · 310 accts · $952K emplr
2023$14.2M · 246 accts · $677K emplr
2022$10.4M · 191 accts · $581K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$174,793
Total administrative$174,793
The Smart Sand Inc 401(k) match · 2025
Employer contribution per active participant$3,405
Median for plans this size$2,666
2025$3,405 per active participant
2024$3,375 per active participant
2023$2,072 per active participant
2022$2,136 per active participant

Smart Sand Inc's 2025 employer contribution ran above the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$174,792
CONCURRENT INVESTMENT ADVISORS, LLC · Investment advisory (plan)indirect comp

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

Administrative cost history4
2025$174,793 · 1.02%
2024$173,450 · 1.12%
2023$131,721 · 1.07%
2022$113,257 · 1.02%
Same employer
Similar plansMining, Oil & Gas Extraction · Texas
Pro Directional TX$17.9M · 0.58%
Pci Nitrogen, LLC TX$17.7M · 0.16%
Tug Hill Inc TX$17.6M · 0.17%
Battalion Oil Corporation TX$17.6M · 0.25%
Big D Equipment Company TX$16.9M · 0.47%
Earthstone Operating, LLC TX$16.4M · 0.34%
Elementia USA LLC TX$16.4M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 452809926 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.