# Noram Drilling Company 401(k) Plan
Source: https://planprovider.pro/companies/noram-drilling-company-205762072-001

> Noram Drilling Company's 401(k) plan: 287 participants, plan year 2025 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2025.

## Plan Snapshot

- **Plan Sponsor:** Noram Drilling Company

- **Sponsor EIN:** 205762072

- **Sponsor Address:** 8400 S. SAM HOUSTON PKWY W., HOUSTON, TX, 77064

- **Plan Type:** 401(k)

- **Plan Number:** 001

- **Total Participants:** 287

- **Total Assets:** $7.3M

## 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|287|$7.3M|$0|$0|

| 2024|253|$5.2M|$487,288|$715,710|

| 2023|272|$3.8M|$0|$606,090|

| 2022|228|$3.0M|$0|$486,158|

## 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|

| ROBERTSON & ROBERTSON|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|

| 2025|$440,888|—|—|—|—|

| 2024|$3,975|—|—|—|—|

| 2023|$3,482|$332|—|—|—|

| 2022|$2,580|—|$2,580|—|—|

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