Plan Ledger DOL Form 5500 · updated monthly

Wilks Brothers, LLC401(k)

WILKS BROTHERS, LLC 401(K) PLAN · CISCO, TX · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Wilks Brothers, LLC reported $72,879 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $1,638 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 0.12% to 0.11%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 858th-largest of 5,688 plans among Texas employers on file, and the 843rd of 5,337 in construction. In 2024, employees put in $2.19 for every $1.00 the employer contributed; active participation has shrunk from 1,561 to 985 since 2022.

Plan summary
Net assets, end of year$68,172,186
Participants with balances698
Active participants985
Employer contributions$1,613,364
Employee contributions$3,540,627
Employer contribution per active participant$1,638
Average account balance$97,668
Benefits paid to participants$7,604,915
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$68.2M · 698 accts · $1.6M emplr
2023$62.1M · 764 accts · $1.4M emplr
2022$59.4M · 639 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$65,703
Investment management$7,176
Total administrative$72,879
The Wilks Brothers, LLC 401(k) match · 2024
Employer contribution per active participant$1,638
Median for plans this size$3,635
2024$1,638 per active participant
2023$1,494 per active participant
2022$1,324 per active participant

Wilks Brothers, LLC's 2024 employer contribution ran below the $3,635 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 · 20242
EMPOWER ADVISORY GROUP, LLC · Investment management$5,200

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$72,879 · 0.11%
2023$63,152 · 0.10%
2022$90,910 · 0.12%
Same employer
Similar plansConstruction · Texas
Ibew Local Union No. 60 TX$71.8M · 0.75%
The Brandt Companies, LLC TX$68.3M · 0.21%
Chesmar Homes LLC TX$66.5M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 452388948 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.