Plan Snapshot
- Plan Sponsor: Dril-Quip, INC.
- Sponsor EIN: 742162088
- Sponsor Address: 6401 N. ELDRIDGE PKY, HOUSTON, TX, 77041
- Plan Type: 401(k)
- Total Participants: 500
- Total Assets: $40.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 500 | $40.7M | $1.6M | $3.2M |
| 2023 | 536 | $95.2M | $2.1M | $4.3M |
| 2022 | 567 | $89.5M | $1.6M | $4.0M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| CALVETTI FERGUSON, P.C. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $123,353 | — | — | — | — |
| 2023 | $138,765 | $38,246 | — | — | — |
| 2022 | $219,035 | $92,288 | $122,747 | — | $4,000 |