Plan Ledger DOL Form 5500 · updated monthly

White's Energy Services LLC401(k)

WHITE'S ENERGY SERVICES, LLC 401(K) PLAN · OKLAHOMA CITY, OK · plan year 2024

Reported admin expense ratio · 2024
0.45%

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

White's Energy Services LLC reported $9,277 in plan administrative expenses for 2024: 0.45% of average plan assets, below the peer median. Employer contributions averaged $1,589 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 0.19% to 0.45%. 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 Oklahoma (633rd of 724), and 559th of 612 in mining, oil & gas extraction. In 2024, employees put in $1.39 for every $1.00 the employer contributed; active participation has shrunk from 163 to 146 since 2022.

Plan summary
Net assets, end of year$2,294,508
Participants with balances116
Active participants146
Employer contributions$232,014
Employee contributions$323,643
Employer contribution per active participant$1,589
Average account balance$19,780
Benefits paid to participants$349,147
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.3M · 116 accts · $232K emplr
2023$1.9M · 129 accts · $248K emplr
2022$1.2M · 119 accts · $143K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,761
Investment management$4,516
Total administrative$9,277
The White's Energy Services LLC 401(k) match · 2024
Employer contribution per active participant$1,589
Median for plans this size$1,313
2024$1,589 per active participant
2023$1,632 per active participant
2022$879 per active participant

White's Energy Services LLC's 2024 employer contribution ran above the $1,313 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
ASCENSUS LLC · Loan processing · Securities brokerage$2,885
UNITED OF OMAHA · Loan processing$1,875

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

Administrative cost history3
2024$9,277 · 0.45%
2023$1,975 · 0.13%
2022$1,975 · 0.19%
Similar plansMining, Oil & Gas Extraction · Oklahoma
Jones Energy, LLC OK$6.8M · 0.64%
Edge Ofs Holdings OK$5.5M · 0.67%
M. Wright Services, LLC OK$683K · 0.75%

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Source: U.S. Department of Labor, Form 5500 series, EIN 472326344 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.