Plan Ledger DOL Form 5500 · updated monthly

The Wireline Group, Inc.401(k)

WIRELINE GROUP 401(K) PLAN · MIDLAND, TX · plan year 2024

Reported admin expense ratio · 2024
0.78%

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

The Wireline Group, Inc. reported $80,237 in plan administrative expenses for 2024: 0.78% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,222 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 0.67% to 0.78%. 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 Texas (2,962nd of 5,688), and 407th of 612 in mining, oil & gas extraction. In 2024, employees put in $3.28 for every $1.00 the employer contributed; active participation has grown from 194 to 250 since 2022.

Plan summary
Net assets, end of year$10,734,613
Participants with balances199
Active participants250
Employer contributions$305,398
Employee contributions$1,001,429
Employer contribution per active participant$1,222
Average account balance$53,943
Benefits paid to participants$2,217,689
Plan auditUnmodified (clean) audit opinion
AuditorGRANT, MILLMAN & JOHNSON, PC
Plan history3
Yearassets · accounts · employer contribution
2024$10.7M · 199 accts · $305K emplr
2023$9.8M · 263 accts · $289K emplr
2022$8.1M · 270 accts · $202K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$80,237
Total administrative$80,237
The The Wireline Group, Inc. 401(k) match · 2024
Employer contribution per active participant$1,222
Median for plans this size$2,416
2024$1,222 per active participant
2023$1,211 per active participant
2022$1,041 per active participant

The Wireline Group, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20243
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$33,215
NOVA 401(K) ASSOCIATES LP · Recordkeeping · Loan processing$8,112
CWM, LLC · Investment advisory (plan)$37,891

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

Recordkeeper by year2
2024NOVA 401(K) ASSOCIATES LP, Transamerica
2023Transamerica

This plan has changed recordkeepers within these filings. If you left The Wireline Group, Inc. before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$80,237 · 0.78%
2023$61,928 · 0.69%
2022$59,376 · 0.67%
Same employer
Similar plansMining, Oil & Gas Extraction · Texas
Goodnight Midstream, LLC TX$11.2M · 0.53%
Presidio Employee Co LLC TX$9.7M · 0.49%
Stream-Flo USA, Inc. TX$9.5M · 0.07%
Baywater Drilling, LLC TX$9.4M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 870467486 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.