Retirement plan

PREMIUM OILFIELD SERVICES, INC 401K PLAN

Name: PREMIUM OILFIELD SERVICES, LLC - PREMIUM OILFIELD SERVICES, INC 401K PLAN (2025) Form 5500
Creator: PREMIUM OILFIELD SERVICES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PREMIUM OILFIELD SERVICES, INC 401K PLAN, PREMIUM OILFIELD SERVICES, LLC

PREMIUM OILFIELD SERVICES, LLCEIN 35-2437202Plan #001PY 2025

4819 HWY. 90 WEST - NEW IBERIA, LA 70560337-608-9080premiumofs.comLinkedIn201-500 employeesoil & energy

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$7.4M

+17.0% from 2024

Total participants

101

-13.7% from 2024

Average account balance

$93,583

+33.3% from 2024

Annual return

15.13%

+2.76 pp from 2024

Benchmarks

See 542 peers

Peer group

Industry21 - Mining, Quarrying, and Oil and Gas Extraction

Plan typeDefined contribution

Participants25-99

Cohort542 peers

Snapshot2025

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$7.39M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$94K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

96.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$534K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+15.13%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$5316

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$420K

$5121 / participant

Other / not subdivided$420K100.0%

% of EOY assets

5.680%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$93,583

$99,633-6.1%

$183,328-49.0%

$82,448+13.5%

Participation rate

73.2%

70.8%+2.4pp

77.3%-4.2pp

68.1%+5.1pp

Annual return

15.13%

17.84%-2.7pp

29.67%-14.5pp

41.64%-26.5pp

Employer contribution / active EE

$3,256-100.0%

$5,055-100.0%

$2,551-100.0%

Participant deferral / active EE

$6,510

$4,938+31.8%

$6,795-4.2%

$4,139+57.3%

Admin fee / account holder

$5,316

$9,934-46.5%

$21,427-75.2%

$7,234-26.5%

PREMIUM OILFIELD SERVICES, INC 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PREMIUM OILFIELD SERVICES, INC 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion