Plan Ledger DOL Form 5500 · updated monthly

US Well Services, LLC401(k)

US WELL SERVICES 401(K) PLAN · WILLOW PARK, TX · plan year 2022

Reported admin expense ratio · 2022
0.57%

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

US Well Services, LLC reported $128,467 in plan administrative expenses for 2022: 0.57% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,779 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.

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 1,949th-largest of 5,688 plans among Texas employers on file, and the 302nd of 612 in mining, oil & gas extraction. In 2022, employees put in $1.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$21,133,235
Participants with balances705
Active participants520
Employer contributions$1,964,950
Employee contributions$3,701,398
Employer contribution per active participant$3,779
Average account balance$29,976
Benefits paid to participants$4,478,633
Plan auditUnmodified (clean) audit opinion
AuditorPOSTLETHWAITE & NETTERVILLE, APAC
Plan history2
Yearassets · accounts · employer contribution
2023$0
2022$21.1M · 705 accts · $2.0M emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$74,848
Investment management$53,619
Total administrative$128,467
The US Well Services, LLC 401(k) match · 2022
Employer contribution per active participant$3,779
Median for plans this size$2,266

US Well Services, LLC's 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$128,467 · 0.57%
Similar plansMining, Oil & Gas Extraction · Texas
Finley Resources Inc. TX$22.5M · 0.04%
Enven Energy Ventures LLC TX$22.1M · 0.08%
Maersk Drilling USA, Inc. TX$21.9M · 0.14%
Morningstar Partners, L.P. TX$20.2M · 0.61%
Silverbow Resources, Inc. TX$19.9M · 0.08%
Urban Oil & Gas Group, LLC TX$19.8M · 0.58%
Hi-Crush Services LLC TX$19.7M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 900794304 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.