Plan Snapshot
- Plan Sponsor: Scientific Drilling International, INC.
- Sponsor EIN: 952670371
- Sponsor Address: 1100 RANKIN ROAD, HOUSTON, TX, 77073
- Plan Type: 401(k)
- Total Participants: 494
- Total Assets: $122.4M
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. |
|---|---|---|---|---|
| 2024 | 494 | $122.4M | $1.4M | $4.2M |
| 2023 | 568 | $113.8M | $1.6M | $4.4M |
| 2022 | 608 | $100.6M | $1.4M | $4.0M |
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 |
|---|---|---|---|---|
| THE VANGUARD GROUP, INC. | NONE | $103,011 | — | $103,011 |
| SWBC INVESTMENT ADVISORY SVCS | NONE | $35,144 | — | $35,144 |
| VANGUARD ADVISERS INC. | NONE | $32,876 | — | $32,876 |
| PANNELL KERR FORSTER OF TX PC | NONE | $18,180 | — | $18,180 |
| WITHUMSMITH+BROWN, PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE VANGUARD GROUP, INC. — NONE
- VANGUARD ADVISERS INC. — NONE
- WITHUMSMITH+BROWN, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $189,211
- Estimated Expense Ratio: 0.155% 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 | $184,411 | — | — | — | — |
| 2023 | $184,419 | — | — | — | — |
| 2022 | $213,512 | — | — | — | — |