Plan Ledger DOL Form 5500 · updated monthly

Worley Group Inc.401(k)

WORLEY GROUP INC. 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Worley Group Inc. reported $509,939 in plan administrative expenses for 2024: 0.04% of average plan assets, below the peer median. Employer contributions averaged $4,320 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 0.044% to 0.038%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other professional & technical services employers. By assets it is the 84th-largest of 5,688 plans among Texas employers on file, and the 126th of 11,654 in professional & technical services. In 2024, employees put in $2.26 for every $1.00 the employer contributed; active participation has shrunk from 8,277 to 5,779 since 2022.

Plan summary
Net assets, end of year$1,403,583,248
Participants with balances6,174
Active participants5,779
Employer contributions$24,965,988
Employee contributions$56,470,557
Employer contribution per active participant$4,320
Average account balance$227,338
Benefits paid to participants$161,683,983
Plan auditUnmodified (clean) audit opinion
AuditorCROWE, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$1.4B · 6,174 accts · $25.0M emplr
2023$1.3B · 6,422 accts · $23.9M emplr
2022$1.2B · 6,821 accts · $15.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$509,939
Total administrative$509,939
The Worley Group Inc. 401(k) match · 2024
Employer contribution per active participant$4,320
Median for plans this size$5,259
2024$4,320 per active participant
2023$3,964 per active participant
2022$1,868 per active participant

Worley Group Inc.'s 2024 employer contribution ran below the $5,259 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$509,939
ALLIANT RETIREMENT CONSULTING · Insurance broker$115,000
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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$509,939 · 0.04%
2023$603,751 · 0.05%
2022$597,994 · 0.04%
Same employer
Similar plansProfessional & Technical Services · Texas
Ntt Data Americas, Inc. TX$2.7B · 0.08%
Bmc Software, Inc. TX$1.4B · 0.06%
Tyler Technologies, Inc. TX$1.2B · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942624994 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.