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)
- 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 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ROBERTSON & ROBERTSON — 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 |
|---|---|---|---|---|---|
| 2025 | $5,050 | — | — | — | — |
| 2024 | $3,975 | — | — | — | — |
| 2023 | $3,482 | $332 | — | — | — |
| 2022 | $2,580 | — | $2,580 | — | — |