Plan Ledger DOL Form 5500 · updated monthly

Sun Energy Services, LLC dba Deep Well Services401(k)

DEEP WELL SERVICES 401(K) PROFIT SHARING PLAN · ZELIENOPLE, PA · plan year 2024

Reported admin expense ratio · 2024
0.70%

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

Sun Energy Services, LLC dba Deep Well Services reported $91,324 in plan administrative expenses for 2024: 0.70% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,706 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 0.85% to 0.70%. 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 among the smaller plans on file in Pennsylvania (1,847th of 3,651), and 360th of 612 in mining, oil & gas extraction. In 2024, employees put in $2.66 for every $1.00 the employer contributed; active participation has grown from 448 to 622 since 2022.

Plan summary
Net assets, end of year$15,047,785
Participants with balances613
Active participants622
Employer contributions$1,061,117
Employee contributions$2,825,524
Employer contribution per active participant$1,706
Average account balance$24,548
Benefits paid to participants$1,826,247
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.0M · 613 accts · $1.1M emplr
2023$11.0M · 532 accts · $923K emplr
2022$6.4M · 442 accts · $216K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,951
Investment management$44,373
Total administrative$91,324
The Sun Energy Services, LLC dba Deep Well Services 401(k) match · 2024
Employer contribution per active participant$1,706
Median for plans this size$2,416
2024$1,706 per active participant
2023$1,747 per active participant
2022$482 per active participant

Sun Energy Services, LLC dba Deep Well Services's 2024 employer contribution ran below the $2,416 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 · 20242
NFP RETIREMENT INC · Investment advisory (plan)$44,373

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$91,324 · 0.70%
2023$69,163 · 0.80%
2022$52,308 · 0.85%
Same employer
Similar plansMining, Oil & Gas Extraction · Pennsylvania
Allegheny Mineral Company PA$16.6M · 0.18%
Gilberton Coal Company PA$15.1M · 0.42%
Keystone Lime Co., Inc. PA$14.0M · 0.19%
Coterra Energy Inc. PA$13.5M · 0.08%
Meshoppen Stone Inc. PA$11.3M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263275367 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.