401(k) · DOL Form 5500 · 2022

Patterson-Uti Energy, Inc 401(k) Plan

Data updated 2026-08-11

$201M
Total assets
5,500
Participants
96th
Percentile by assets
$36,488
Avg per participant
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Official DOL plan name: Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan · Sponsored by Patterson-Uti Energy, Inc · Texas · Mining & Oil Extraction

$201M in assets, 5,500 participants

Patterson-Uti Energy, Inc's Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan reported $201M in total assets and 5,500 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 139,126 plans)
  • #819 in Mining & Oil Extraction (892 peers)

Coverage in Texas

Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan covers 5,500 participants in Texas, 8.0x the typical Texas plan (state average ~688 per filing). Assets: $201M.

$201M
total plan assets (2022 EOY)
5,500
covered participants
96th
percentile by assets (of 139,126 plans)
$36,488
avg assets per participant

The plan reported a net loss of $29M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs Texas filers

In Texas, the average filing covers about 688 participants across 10,116 plans. Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan reports 5,500 participants - 8.0x that state average ($201M EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)$240M
Net Assets (End of Year)$201M
Net Income-$29M
Employer EIN752504748
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Patterson-Uti Energy, Inc)

$0M$200M$400M$600M$800M 202220232024 $201M $613M ▲ +205.5%
Total plan assets by year, all Patterson-Uti Energy, Inc plans on file
Year Plans Participants Total Assets
2022 1 5,500 $201M
2023 1 6,304 $266M
2024 1 5,714 $613M

Nearby 401(k) Plans in Texas

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -10010203040 Total assets ($B) Participants Patterson-Uti Energy…AT&T Retirement Savi…Exxonmobil Savings P…Caterpillar 401(k) S…American Airlines, I…Dell Inc. 401(k) Plan
Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Scale composition for Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan

Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan reports $201M in end-of-year assets across 5,500 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $36,488 per participant (26% of the national average assets-per-participant) . Net income for plan year 2022 was -$29M.

This plan identity (EIN 752504748, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $201M to $613M (+205.5%) while covered participants moved from 5,500 to 5,714 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 5,500 $201M This page
2023 6,304 $266M Open filing
2024 · index core 5,714 $613M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan assets move in 2022?
Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan declined sharply - down 16.5% during 2022, from $240M to $201M. Reported net income was -$29M.
How have Patterson-Uti Energy, Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Patterson-Uti Energy, Inc's sponsor-wide assets grew 205.5%, from $201M to $613M.
Where does Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan rank by assets among Form 5500 filers?
Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan ranks in the 96th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Mns, Ltd. Profit-Sharing Plan in HI ($201M, 1,442 participants).

Next read for Patterson-Uti Energy, Inc. 401(k) Profit…

Filing takeaways

Ways to act on Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan's numbers.