Plan Ledger DOL Form 5500 · updated monthly

Western Oilfields Supply Company401(k)

WESTERN OILFIELDS SUPPLY COMPANY 401(K)/PROFIT SHARING PLAN · BAKERSFIELD, CA · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Western Oilfields Supply Company reported $259,308 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $2,319 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 0.15% to 0.13%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other utilities employers. By assets it is the 541st-largest of 9,483 plans among California employers on file, and the 96th of 412 in utilities. In 2024, employees put in $3.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$216,047,045
Participants with balances2,275
Active participants1,523
Employer contributions$3,531,181
Employee contributions$11,501,611
Employer contribution per active participant$2,319
Average account balance$94,966
Benefits paid to participants$15,639,994
Plan auditUnmodified (clean) audit opinion
AuditorBARBICH HOPPER KING DILL HOFFMAN
Plan history3
Yearassets · accounts · employer contribution
2024$216.0M · 2,275 accts · $3.5M emplr
2023$187.9M · 2,499 accts · $3.0M emplr
2022$156.9M · 2,338 accts · $3.2M emplr
The Western Oilfields Supply Company 401(k) match · 2024
Employer contribution per active participant$2,319
Median for plans this size$3,635
2024$2,319 per active participant
2023$1,991 per active participant
2022$2,178 per active participant

Western Oilfields Supply Company's 2024 employer contribution ran below the $3,635 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
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$164,276
VANGUARD ADVISERS INC. · Investment advisory (participants)$105,296

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$259,308 · 0.13%
2023$237,517 · 0.14%
2022$267,880 · 0.15%
Same employer
Similar plansUtilities · California
Edf Renewables CA$222.9M · 0.13%
Golden State Water Company CA$209.7M · 0.20%
Clearway Energy Group LLC CA$151.2M · 0.13%
San Jose Water Company CA$135.3M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 951362750 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.