401(k) · DOL Form 5500 · 2023

Abaco Drilling Technologies LLC 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
148
Participants Small participant base
62nd
Percentile by assets National rank
$79,899
Avg per participant Below avg balance/head
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Official DOL plan name: Abaco Drilling Technologies LLC 401(k) Plan · Sponsored by Abaco Drilling Technologies LLC · Texas · Manufacturing

$12M in assets, 148 participants

Abaco Drilling Technologies LLC's Abaco Drilling Technologies LLC 401(k) Plan reported $12M in total assets and 148 participants in its 2023 DOL Form 5500 filing, ranking in the 62nd 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.

  • #9,224 in Manufacturing (18,722 peers)

Coverage in Texas

Abaco Drilling Technologies LLC 401(k) Plan covers 148 participants in Texas, about 22% of the average Texas filer (state average ~688 per filing). Assets: $12M.

#9,224
in Manufacturing (18,722 peers)
+33.4%
assets growth YoY

Abaco Drilling Technologies LLC 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Abaco Drilling Technologies LLC 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$11,825,061 Top 38% higher than 62% of 127,068 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 2023

Abaco Drilling Technologies LLC 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Abaco Drilling Technologies LLC 401(k) Plan sits mid-pack in the medium band (148 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Abaco Drilling Technologies LLC 401(k) Plan reported net income rose from -$609K in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Abaco Drilling Technologies LLC 401(k) Plan end-of-year assets rose from $9M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • Abaco Drilling Technologies LLC 401(k) Plan reported participants rose from 118 in the plan year 2022 filing to 148 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 272988638 · Abaco Drilling Technologies LLC PY 2023 · 401(k)

Abaco Drilling Technologies LLC 401(k) Plan · $12M · 148 · 62nd

  • BOOK $12M
  • VS-ST 148
  • BOY 62nd
  • SCH 401(k)
  • EBSA near American Industrial Hygiene Association 401(k) Plan
  • PART ind #9224

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 Manufacturing retirement plans → · Plans in Texas →

Abaco Drilling Technologies LLC 401(k) Plan in the asset neighbourhood

Abaco Drilling Technologies LLC 401(k) PlanAbaco Drilling Technologies …$12MAmerican Industrial Hygiene Association 401(k) PlanAmerican Industrial Hygiene …$12MJohanson Dielectrics, Inc. 401(k) Retirement PlanJohanson Dielectrics, Inc. 4…$12MMelito & Adolfsen 401(k) Profit Sharing PlanMelito & Adolfsen 401(k) Pro…$12MCarroll Distributing Company Employee Benefit PlanCarroll Distributing Company…$12M
End-of-year total assets ($M) among Abaco Drilling Technologies LLC 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Texas filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$12M
Net Income$3M
Employer EIN272988638
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Abaco Drilling Technologies LLC)

Sponsor-wide plan assets over time

All Abaco Drilling Technologies LLC plans reported in each filing year

Latest sponsor-wide plan assets
$12M 39.44432313979318% vs 2022
2024 filing year
$8M$10M$12M$14M 202220232024 $8.86M $12.4M ▲ +39.5%
Year Plans Participants Total Assets
2022 1 118 $9M
2023 1 148 $12M
2024 1 160 $12M

Nearby 401(k) Plans in Texas

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

Abaco Drilling Technologies LLC 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Abaco Drilling Technologies LLC 401(k) Plan, Total assets ($B): 0.011825061 · Participants: 148Abaco Drilling Technologies LLC 401(k) PlanAT&T Retirement Savings Plan, Total assets ($B): 40.012012 · Participants: 119854AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.917 · Participants: 23477Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 16.496476432 · Participants: 41679Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 14.680189879 · Participants: 88792American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 13.529835 · Participants: 45686Dell Inc. 401(k) Plan
Abaco Drilling Technologies LLC 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Abaco Drilling Technologies LLC 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is American Industrial Hygiene Association 401(k) Plan in VA ($12M); by covered participants it is Frontier Auto Sales 401(k) Plan in CA (148 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (148 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Abaco Drilling Technologies LLC 401(k) Plan assets move in 2023?
Abaco Drilling Technologies LLC 401(k) Plan surged - up 33.4% during 2023, from $9M to $12M. Reported net income was $3M.
How have Abaco Drilling Technologies LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Abaco Drilling Technologies LLC's sponsor-wide assets grew 39.4%, from $9M to $12M.
Which 401(k) plans are similar in size to Abaco Drilling Technologies LLC 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is American Industrial Hygiene Association 401(k) Plan in VA ($12M, 60 participants).
Which 401(k) plans cover a similar participant headcount to Abaco Drilling Technologies LLC 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Frontier Auto Sales 401(k) Plan in CA (148 participants, N/A in assets).