Plan Snapshot
- Plan Sponsor: Precision Drilling (Us) Corporation
- Sponsor EIN: 263638348
- Sponsor Address: 10350 RICHMOND AVENUE SUITE 700, HOUSTON, TX, 77042
- Plan Type: 401(k)
- Total Participants: 1,290
- Total Assets: $86.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 1,290 | $86.1M | $4.1M | $5.8M |
| 2023 | 1,488 | $75.6M | $4.1M | $5.8M |
| 2022 | 1,727 | $62.5M | $3.5M | $4.9M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $130,635 | — | $130,635 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $39,140 | — | $39,140 |
| WEAVER AND TIDWELL, L.L.P. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WEAVER AND TIDWELL, L.L.P. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $169,775
- Estimated Expense Ratio: 0.197% 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 |
|---|---|---|---|---|---|
| 2024 | $169,775 | $39,140 | — | — | — |
| 2023 | $135,007 | $29,772 | — | — | — |
| 2022 | $123,516 | $22,357 | $92,304 | — | $8,855 |