Plan Snapshot
- Plan Sponsor: Drilling Tools International Holdings, INC.
- Sponsor EIN: 352434138
- Sponsor Address: 3701 BRIARPARK DRIVE, HOUSTON, TX, 77042
- Plan Type: 401(k)
- Total Participants: 262
- Total Assets: $10.7M
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 | 262 | $10.7M | $521,232 | $1.3M |
| 2023 | 239 | $8.2M | $461,424 | $1.2M |
| 2022 | 201 | $6.0M | $381,150 | $885,450 |
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 |
|---|---|---|---|---|
| BAKER TILLY US, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BAKER TILLY US, LLP — Auditor
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 | $49,878 | $1,474 | $48,404 | — | — |
| 2023 | $39,479 | — | $39,479 | — | — |
| 2022 | $35,642 | — | $35,642 | — | — |