Plan Ledger DOL Form 5500 · updated monthly

Surefire Wireline, LLC401(k)

SUREFIRE WIRELINE, LLC 401(K) RETIREMENT PLAN · KITTANNING, PA · plan year 2024

Reported admin expense ratio · 2024
0.96%

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

Surefire Wireline, LLC reported $55,764 in plan administrative expenses for 2024: 0.96% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,841 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 0.16% to 0.96%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is among the smaller plans on file in Pennsylvania (2,757th of 3,651), and 489th of 612 in mining, oil & gas extraction. In 2024, employees put in $1.72 for every $1.00 the employer contributed; active participation has shrunk from 142 to 115 since 2022.

Plan summary
Net assets, end of year$5,926,409
Participants with balances157
Active participants115
Employer contributions$441,667
Employee contributions$758,701
Employer contribution per active participant$3,841
Average account balance$37,748
Benefits paid to participants$1,666,318
Plan auditUnmodified (clean) audit opinion
AuditorHILL, BARTH & KING LLC
Plan history3
Yearassets · accounts · employer contribution
2024$5.9M · 157 accts · $442K emplr
2023$5.7M · 220 accts · $658K emplr
2022$4.1M · 229 accts · $503K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,563
Investment management$27,328
Audit (IQPA)$8,873
Total administrative$55,764
The Surefire Wireline, LLC 401(k) match · 2024
Employer contribution per active participant$3,841
Median for plans this size$1,313
2024$3,841 per active participant
2023$4,841 per active participant
2022$3,539 per active participant

Surefire Wireline, LLC's 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$13,979
NORTHWESTERN MUTUAL WEALTH MANAGEMN · Investment advisory (plan)$27,328
METRO BENEFITS, INC.$8,873

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$55,764 · 0.96%
2023$40,928 · 0.84%
2022$6,306 · 0.16%
Same employer
Similar plansMining, Oil & Gas Extraction · Pennsylvania
Workover Solutions PA$6.4M · 0.82%
Roc Service Company, LLC PA$6.1M · 0.83%
Falcon Drilling Co LLC PA$4.0M · 0.97%
Myers Well Service, Inc. PA$2.6M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472238147 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.