401(k) · DOL Form 5500 · 2022
True Drilling LLC 401(k) Plan
Data updated 2026-08-11
- $52M
- Total assets
- 701
- Participants
- 88th
- Percentile by assets
- $73,897
- Avg per participant
Official DOL plan name: True Companies Employees 401(k) Savings Plan · Sponsored by True Drilling LLC · Wyoming · Mining & Oil Extraction
$52M in assets, 701 participants
True Drilling LLC's True Companies Employees 401(k) Savings Plan reported $52M in total assets and 701 participants in its 2022 DOL Form 5500 filing, ranking in the 88th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- 88th percentile by assets (of 139,126 plans)
- #695 in Mining & Oil Extraction (892 peers)
Coverage in Wyoming
True Companies Employees 401(k) Savings Plan covers 701 participants in Wyoming, 7.4x the typical Wyoming plan (state average ~94 per filing). Assets: $52M.
- $52M
- total plan assets (2022 EOY)
- 701
- covered participants
- 88th
- percentile by assets (of 139,126 plans)
- $73,897
- avg assets per participant
The plan reported a net loss of $14M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Where True Companies Employees 401(k) Savings Plan sits by total assets
True Companies Employees 401(k) Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$51,801,653 Top 12% higher than 88% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Participants vs Wyoming filers
In Wyoming, the average filing covers about 94 participants across 233 plans. True Companies Employees 401(k) Savings Plan reports 701 participants - 7.4x that state average ($52M EOY assets).
Wyoming filing particulars
| Total Assets (Beginning of Year) | $66M |
|---|---|
| Net Assets (End of Year) | $52M |
| Net Income | -$14M |
| Employer EIN | 830171045 |
| Plan Effective Date | 1988-04-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (True Drilling LLC)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 1,492 | $163M |
| 2023 | 2 | 1,741 | $190M |
| 2024 | 2 | 1,738 | $211M |
Nearby 401(k) Plans in Wyoming
Peer 401(k) plans, same state, same plan type, ranked by total assets.
True Companies Employees 401(k) Savings Plan vs. nearby 401(k) plans in Wyoming, assets vs. participants
- Admiral Beverage Corporation 401(k) Plan $141M · 1,268
- Wyoming Machinery Company Profit Sharing 401(k) Plan $120M · 668
- Trihydro Corporation 401(k) Plan $91M · 564
- Neiman Enterprises, Inc. 401(k) Profit Sharing Plan & Trust $41M · 522
- Wyoming Beverages, Inc. 401(k) Plan $35M · 311
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to True Companies Employees 401(k) Savings Plan by total assets, not by location.
Frequently Asked Questions
How did True Companies Employees 401(k) Savings Plan assets move in 2022? ▼
How have True Drilling LLC plan assets changed over time? ▼
Where does True Companies Employees 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to True Companies Employees 401(k) Savings Plan? ▼
Next read for True Companies Employees 401(k) Savings …
Filing takeaways
Ways to act on True Companies Employees 401(k) Savings Plan's numbers.
- By total assets, True Companies Employees 401(k) Savings Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Wyoming. Compare plans
- True Drilling LLC's sponsor-wide assets have grown 29.6% since 2022 across 3 plan years on file. More Mining & Oil Extraction plans