Plans » Benchmarking Engine
Benchmarking Precision Drilling (US) Corporation 401(K) Plan in Houston, TX against
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Precision Drilling (US) Corporation 401(K) Plan in Houston, TX has the 10th-most active participants (1,081) of the 55 plans whose economic sector is Mining, Quarrying, and Oil and Gas Extraction. Those 1,081 compare to an average of 666.3 across the 55 plans.
- whose economic sector is. The economic sector is the first two digits from the six-digit NAICS business code, Line 2d in Form 5500, which best describes the nature of the plan sponsor’s business, from the available list. If more than one employer or employee organization is involved, filers are asked to enter the business code for the main business activity of the employer and/or employee organizations. Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
- active participants. Total number of active participants at the end of the plan year, Line 6a(2) in Form 5500. Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
Precision Drilling (US) Corporation 401(K) Plan in Houston, TX is in Houston, TX, its EIN is 263638348, its industry group is Oil and Gas Extraction, its plan administrator is Steve Nguyen, is a profit-sharing plan, covered by a fidelity bond, an ERISA section 404(c) plan, self-administered by the plan sponsor, is a single-employer plan, its business code is 211120, has 1,000 to 4,999 total participants, is worse than the overall participant averages in each of net income per total participant, average account balance, active-participant contributions per head, and employer contributions per active participant (4 total), and is higher than the overall administrative medians in each of professional fees, contract administrator fees, investment advisory and management fees, total administrative expenses, and total administrative expense ratio.
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Numeric values:
- net assets (assets minus liabilities) ($71.50M)
- total assets ($71,469,734)
- total assets at beginning of plan year ($66,063,121)
- value of interest in registered investment companies (e.g., mutual funds) ($61.50M)
- total income ($14,138,748)
- earnings on investments ($9,276,244)
- net earnings on investments ($9,264,897)
- total expenses ($8,732,135)
- value of interest in common/collective trusts ($8,443,226)
- net income ($5,406,613)
- total contributions ($4,861,497)
- cash contributions from participants ($3,331,094)
- participant loans ($1,564,238)
- cash contributions from employers ($1,529,780)
- total administrative expenses ($110,940)
- contract administrator fees ($92,511)
- average account balance ($48,520)
- investment advisory and management fees ($11,347)
- professional fees ($7,082)
- net income per total participant ($3,670)
- average participant cash contribution per active participant ($3,082)
- average employer cash contribution per active participant ($1,415)
- total administrative expense per participant ($75.32)
- total noninterest-bearing cash ($0)
- receivables employer contributions ($0)
- receivables participant contributions ($0)
- other receivables (not employer nor participant contributions) ($0)
- interest-bearing cash (e.g., money market accounts, certificates of deposit) ($0)
- U.S. government securities ($0.0K)
- corporate debt instruments (preferred & other than employer securities) ($0)
- corporate debt instruments (below preferred & other than employer securities) ($0)
- corporate preferred stocks (other than employer securities) ($0)
- corporate common stocks (other than employer securities) ($0)
- partnership/joint venture interests ($0)
- real estate (other than employer real property) ($0)
- loans (other than to participants) ($0)
- value of interest in pooled separate accounts ($0)
- value of interest in master trust investment accounts ($0.0K)
- value of interest in 103-12 investment entities ($0)
- value of funds held in insurance company general account (unallocated contracts) ($0)
- other general investments ($0)
- employer-related securities investments ($0)
- employer-related real-property investments ($0)
- buildings and other property used in plan operation ($0)
- total liabilities ($0)
- corrective distributions ($0)
- other administrative expenses ($0)
- asset transfers to this plan ($0)
- asset transfers from this plan ($0)
- percentage of active participants (73.4%)
- diversity of asset types (14.7%)
- yield on beginning-of-plan-year total assets (14.02%)
- participant loans as a percentage of plan assets (2.19%)
- total administrative expense ratio (0.160%)
- total cash as a percentage of plan assets (0.00%)
- employer securities as a percentage of plan assets (0.00%)
- active participants (1,081)
- deceased participants whose beneficiaries receive or are entitled to benefits (0)
- living participants (1,473)
- other retired or separated participants entitled to future benefits (385)
- retired or separated participants receiving benefits (7)
- total participants (1,473)
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