# Precision Drilling (Us) Corporation 401(k) Plan
Source: https://planprovider.pro/companies/precision-drilling-us-corporation-401k-plan

> Precision Drilling (Us) Corporation's 401(k) plan: 1,290 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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.](https://planprovider.pro/provider/weaver-and-tidwell-llp) — 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|

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