401(k) · DOL Form 5500 · 2022

Precision Drilling (US) Corporation 401(k) Plan

Data updated 2026-08-25

$63M
Total assets Below avg plan size
1,429
Participants Near avg headcount
90th
Percentile by assets National rank
$43,770
Avg per participant Low balance/head
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Official DOL plan name: Precision Drilling (US) Corporation 401(k) Plan · Sponsored by Precision Drilling (US) Corporation · Texas · Mining & Oil Extraction

$63M in assets, 1,429 participants

Precision Drilling (US) Corporation's Precision Drilling (US) Corporation 401(k) Plan reported $63M in total assets and 1,429 participants in its 2022 DOL Form 5500 filing, ranking in the 90th 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.

  • #712 in Mining & Oil Extraction (892 peers)

Coverage in Texas

Precision Drilling (US) Corporation 401(k) Plan covers 1,429 participants in Texas, 2.1x the typical Texas plan (state average ~688 per filing). Assets: $63M.

#712
in Mining & Oil Extraction (892 peers)
-12.5%
assets change YoY
0.6×
vs typical plan assets (national mean)

The plan reported a net loss of $9M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Precision Drilling (US) Corporation 401(k) Plan's outsized position by total assets

Precision Drilling (US) Corporation 401(k) Plan vs every filed plan by assets

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

$62,547,254 Top 10% higher than 90% 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

Precision Drilling (US) Corporation 401(k) 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. Precision Drilling (US) Corporation 401(k) Plan lands in the large band (1,429 participants).

Plan-year Form 5500 strip

Filing strip 263638348 · Precision Drilling (US) Corporation PY 2022 · 401(k)

Precision Drilling (US) Corporation 401(k) Plan · $63M · 1,429 · 90th

  • PCT $63M
  • PCT 1,429
  • PCT 90th
  • PCT 401(k)
  • PCT near The Habegger Corporation 401(k) Profit Sharing Plan and Trust
  • PCT ind #712

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 →

Precision Drilling (US) Corporation 401(k) Plan in the asset neighbourhood

First Business Financial Services 401(k) PlanFirst Business Financial Ser…$63MKaufman Rossin 401(k) Plan$63MPrecision Drilling (US) Corporation 401(k) PlanPrecision Drilling (US) Corp…$63MThe Habegger Corporation 401(k) Profit Sharing Plan and TrustThe Habegger Corporation 401…$63MHood Industries Retirement and Savings PlanHood Industries Retirement a…$63M
End-of-year total assets ($M) among Precision Drilling (US) Corporation 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Texas filing particulars

Total Assets (Beginning of Year)$71M
Net Assets (End of Year)$63M
Net Income-$9M
Employer EIN263638348
Plan Effective Date1990-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Precision Drilling (US) Corporation)

Sponsor-wide plan assets over time

All Precision Drilling (US) Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$86M 37.72013236584295% vs 2022
2024 filing year
$60M$70M$80M$90M 202220232024 $62.6M $86.1M ▲ +37.7%
Year Plans Participants Total Assets
2022 1 1,429 $63M
2023 1 1,888 $76M
2024 1 1,569 $86M

Nearby 401(k) Plans in Texas

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

Precision Drilling (US) Corporation 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -10010203040 Total assets ($B) Participants Precision Drilling (US) Corporation 401(k) Plan, Total assets ($B): 0.062547254 · Participants: 1429Precision Drilling (US) Corporation 401(k) 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
Precision Drilling (US) Corporation 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Precision Drilling (US) Corporation 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is The Habegger Corporation 401(k) Profit Sharing Plan and Trust in OH ($63M); by covered participants it is Bassett Furniture Ind. Inc. 401(k) Plan in VA (1,429 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,429 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 Precision Drilling (US) Corporation 401(k) Plan assets move in 2022?
Precision Drilling (US) Corporation 401(k) Plan pulled back noticeably - down 12.5% during 2022, from $71M to $63M. Reported net income was -$9M.
How have Precision Drilling (US) Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Precision Drilling (US) Corporation's sponsor-wide assets grew 37.7%, from $63M to $86M.
Where does Precision Drilling (US) Corporation 401(k) Plan rank by assets among Form 5500 filers?
Precision Drilling (US) Corporation 401(k) Plan ranks in the 90th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Precision Drilling (US) Corporation 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is The Habegger Corporation 401(k) Profit Sharing Plan and Trust in OH ($63M, 456 participants).
Which 401(k) plans cover a similar participant headcount to Precision Drilling (US) Corporation 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Bassett Furniture Ind. Inc. 401(k) Plan in VA (1,429 participants, $59M in assets).