Plan Snapshot
- Plan Sponsor: Klx Energy Services Holdings, INC
- Sponsor EIN: 472661164
- Sponsor Address: 3040 POST OAK BLVD., 15TH FLOOR, HOUSTON, TX, 77056
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 2,087
- Total Assets: $108.9M
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. |
|---|---|---|---|---|
| 2025 | 2,087 | $108.9M | $0 | $0 |
| 2024 | 1,694 | $98.3M | $3.5M | $10.3M |
| 2023 | 1,860 | $83.9M | $3.4M | $10.0M |
| 2022 | 1,750 | $57.5M | $2.6M | $7.9M |
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 |
|---|---|---|---|---|
| JOHN HANCOCK | Other Service Provider | $201,492 | — | $201,492 |
| ALLIANT INSURANCE SERVICES, INC. | Investment Advisor | $52,000 | — | $52,000 |
| CALVETTI FERGUSON | Other Service Provider | $22,470 | — | $22,470 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $275,962
- Estimated Expense Ratio: 0.253% of plan assets
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 |
|---|---|---|---|---|---|
| 2025 | $19,473,057 | $59,529 | $193,963 | $22,470 | — |
| 2024 | $308,067 | $59,186 | $206,946 | $41,935 | — |
| 2023 | $295,547 | $65,747 | $191,436 | $38,364 | — |
| 2022 | $169,701 | $31,164 | $136,724 | — | $1,813 |