Plan Snapshot
- Plan Sponsor: Propetro Services, INC.
- Sponsor EIN: 202476353
- Sponsor Address: 1706 S. MIDKIFF ROAD, BLDG B, MIDLAND, TX, 79701
- Plan Type: 401(k)
- Total Participants: 2,262
- Total Assets: $57.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,262 | $57.4M | $6.8M | $8.4M |
| 2023 | 2,030 | $43.1M | $6.1M | $7.5M |
| 2022 | 1,700 | $26.4M | $4.4M | $5.7M |
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 |
|---|---|---|---|---|
| BOLINGER, SEGARS, GILBERT & MOSS | 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 |
|---|---|---|---|---|---|
| 2024 | $125,099 | — | — | — | — |
| 2023 | $79,592 | — | $35 | — | — |
| 2022 | $127,301 | $25,000 | $51,790 | — | $4,521 |