401(k) · DOL Form 5500 · 2022

Patterson-Uti Energy, Inc 401(k) Plan

Data updated 2026-08-25

$201M
Total assets Near avg plan size
5,500
Participants Above avg headcount
96th
Percentile by assets National rank
$36,488
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

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.

  • #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.

#819
in Mining & Oil Extraction (892 peers)
-16.5%
assets change YoY
2.0×
vs typical plan assets (national mean)

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.

Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan's outsized position by total assets

Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$200,684,619 Top 4% higher than 96% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan lands in the large band (5,500 participants).

Form 5500 schedule snapshot

Filing strip 752504748 · Patterson-Uti Energy, Inc PY 2022 · 401(k)

Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan · $201M · 5,500 · 96th

  • EBSA $201M
  • PART 5,500
  • TYPE 96th
  • NET 401(k)
  • BOOK near Mns, Ltd. Profit-Sharing Plan
  • VS-ST ind #819

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Mining & Oil Extraction retirement plans → · Plans in Texas →

Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

401(k) Retirement Savings Plan for Integris Health, Inc.401(k) Retirement Savings Pl…$201MPatterson-Uti Energy, Inc. 401(k) Profit Sharing PlanPatterson-Uti Energy, Inc. 4…$201MMns, Ltd. Profit-Sharing Plan$201MEnterprise Employees' Pension and 401(k) PlanEnterprise Employees' Pensio…$201MBrandes Investment Partners, L.P. 401(k) PlanBrandes Investment Partners,…$201M
End-of-year total assets ($M) among Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

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)

Sponsor-wide plan assets over time

All Patterson-Uti Energy, Inc plans reported in each filing year

Latest sponsor-wide plan assets
$613M 205.4528723000939% vs 2022
2024 filing year
$0M$200M$400M$600M$800M 202220232024 $201M $613M ▲ +205.5%
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 Scatter plot of 6 data points. -50000050000100000150000200000 -10010203040 Total assets ($B) Participants Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.200684619 · Participants: 5500Patterson-Uti Energy, Inc. 401(k) Profit Sharing PlanAT&T Retirement Savings Plan, Total assets ($B): 37.578871 · Participants: 144503AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.266 · Participants: 23619Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 13.794958016 · Participants: 38538Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 12.806443202 · Participants: 85577American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 11.969059 · Participants: 47532Dell 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:

Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Mns, Ltd. Profit-Sharing Plan in HI ($201M); by covered participants it is The Contractors Retirement Plan in TN (5,504 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($201M here).

Similar participant headcount

Nearest other-state filings by covered participants (5,500 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

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).
Which 401(k) plans cover a similar participant headcount to Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is The Contractors Retirement Plan in TN (5,504 participants, $105M in assets).