401(k) · DOL Form 5500 · 2023

Noram Drilling Company 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
315
Participants Below avg headcount
39th
Percentile by assets National rank
$12,116
Avg per participant Low balance/head
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Official DOL plan name: Noram Drilling Company 401(k) Plan · Sponsored by Noram Drilling Company · Texas · Mining & Oil Extraction

$4M in assets, 315 participants

Noram Drilling Company's Noram Drilling Company 401(k) Plan reported $4M in total assets and 315 participants in its 2023 DOL Form 5500 filing, ranking in the 39th 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.

  • #147 in Mining & Oil Extraction (811 peers)

Coverage in Texas

Noram Drilling Company 401(k) Plan covers 315 participants in Texas, about 46% of the average Texas filer (state average ~688 per filing). Assets: $4M.

#147
in Mining & Oil Extraction (811 peers)
+28.1%
assets growth YoY

Noram Drilling Company 401(k) Plan's mid-pack asset rank among Mining & Oil Extraction and all filers

Noram Drilling Company 401(k) Plan vs every filed plan by assets

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

$3,816,388 39th percentile higher than 39% 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

Noram Drilling Company 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. Noram Drilling Company 401(k) Plan sits mid-pack in the medium band (315 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Noram Drilling Company 401(k) Plan reported net income rose from -$5K in the plan year 2022 filing to $837K in the plan year 2023 filing.
  • Noram Drilling Company 401(k) Plan reported participants rose from 191 in the plan year 2022 filing to 315 in the plan year 2023 filing.
  • Noram Drilling Company 401(k) Plan end-of-year assets rose from $3M in the plan year 2022 filing to $4M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 205762072 · Noram Drilling Company PY 2023 · 401(k)

Noram Drilling Company 401(k) Plan · $4M · 315 · 39th

  • BOY $4M
  • BOY 315
  • BOY 39th
  • BOY 401(k)
  • BOY near Walzer, Melcher & Yoda, LLP 401(k) Psp
  • BOY ind #147

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 →

Noram Drilling Company 401(k) Plan in the asset neighbourhood

Noram Drilling Company 401(k) PlanNoram Drilling Company 401(k…$4MWalzer, Melcher & Yoda, LLP 401(k) PspWalzer, Melcher & Yoda, LLP …$4MDebourgh Mfg. Co. 401(k) Retirement PlanDebourgh Mfg. Co. 401(k) Ret…$4MRancho La Puerta 401(k) Plan$4MNorthwest Georgia Medical Clinic, P.C. 401(k) Profit Sharing PlanNorthwest Georgia Medical Cl…$4M
End-of-year total assets ($M) among Noram Drilling Company 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Texas filing particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$4M
Net Income$837K
Employer EIN205762072
Plan Effective Date2023-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Noram Drilling Company)

Sponsor-wide plan assets over time

All Noram Drilling Company plans reported in each filing year

Latest sponsor-wide plan assets
$5M 74.5205444508552% vs 2022
2024 filing year
$2M$3M$4M$5M$6M 202220232024 $2.98M $5.2M ▲ +74.5%
Year Plans Participants Total Assets
2022 1 191 $3M
2023 1 315 $4M
2024 1 310 $5M

Nearby 401(k) Plans in Texas

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

Noram Drilling Company 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Noram Drilling Company 401(k) Plan, Total assets ($B): 0.003816388 · Participants: 315Noram Drilling Company 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
Noram Drilling Company 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Noram Drilling Company 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Walzer, Melcher & Yoda, LLP 401(k) Psp in CA ($4M); by covered participants it is Surefire, LLC 401(k) Plan in CA (315 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (315 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 Noram Drilling Company 401(k) Plan assets move in 2023?
Noram Drilling Company 401(k) Plan grew sharply - up 28.1% during 2023, from $3M to $4M. Reported net income was $837K.
How have Noram Drilling Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Noram Drilling Company's sponsor-wide assets grew 74.5%, from $3M to $5M.
Which 401(k) plans are similar in size to Noram Drilling Company 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Walzer, Melcher & Yoda, LLP 401(k) Psp in CA ($4M, 10 participants).
Which 401(k) plans cover a similar participant headcount to Noram Drilling Company 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Surefire, LLC 401(k) Plan in CA (315 participants, $20M in assets).