Plan Ledger DOL Form 5500 · updated monthly

Tug Hill Inc401(k)

TUG HILL, INC. 401(K) PLAN · FT. WORTH, TX · plan year 2022

Reported admin expense ratio · 2022
0.17%

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

Tug Hill Inc reported $32,532 in plan administrative expenses for 2022: 0.17% of average plan assets, below the peer median. Employer contributions averaged $4,586 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 1 year on file its reported administrative ratio rose from 0.17% to 0.23%. 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 2,192nd-largest of 5,688 plans among Texas employers on file, and 328th of 612 in mining, oil & gas extraction. In 2022, employees put in $1.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,635,410
Participants with balances142
Active participants178
Employer contributions$816,247
Employee contributions$1,625,697
Employer contribution per active participant$4,586
Average account balance$124,193
Benefits paid to participants$1,611,291
Plan auditUnmodified (clean) audit opinion
AuditorCONKLIN GILPIN & WERTZ P.L.L.C.
Plan history2
Yearassets · accounts · employer contribution
2023$17.1M · 98 accts · $1.2M emplr
2022$17.6M · 142 accts · $816K emplr
Administrative expenses, itemized · 2022
Professional / advisory$32,532
Total administrative$32,532
The Tug Hill Inc 401(k) match · 2022
Employer contribution per active participant$4,586
Median for plans this size$2,266
2023$15,370 per active participant
2022$4,586 per active participant

Tug Hill Inc'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 history2
2023$39,220 · 0.23%
2022$32,532 · 0.17%
Similar plansMining, Oil & Gas Extraction · Texas
Vernon E. Faulconer, Inc. TX$18.7M · 0.00%
Pro Directional TX$17.9M · 0.58%
Pci Nitrogen, LLC TX$17.7M · 0.16%
Battalion Oil Corporation TX$17.6M · 0.25%
Smart Sand Inc TX$17.4M · 1.02%
Big D Equipment Company TX$16.9M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262056245 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.