401(k) · DOL Form 5500 · 2023

Precision Drilling (US) Corporation 401(k) Plan

Data updated 2026-08-11

$76M
Total assets
1,888
Participants
89th
Percentile by assets
$40,057
Avg per participant
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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

$76M in assets, 1,888 participants

Precision Drilling (US) Corporation's Precision Drilling (US) Corporation 401(k) Plan reported $76M in total assets and 1,888 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.

  • 89th percentile by assets (of 127,072 plans)
  • #636 in Mining & Oil Extraction (811 peers)

Coverage in Texas

Precision Drilling (US) Corporation 401(k) Plan covers 1,888 participants in Texas, 2.7x the typical Texas plan (state average ~688 per filing). Assets: $76M.

$76M
total plan assets (2023 EOY)
1,888
covered participants
89th
percentile by assets (of 127,072 plans)
$40,057
avg assets per participant

Where Precision Drilling (US) Corporation 401(k) Plan sits by total assets

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

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

$75,627,272 Top 11% higher than 89% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Precision Drilling (US) Corporation 401(k) Plan reported net income rose from -$9M in the plan year 2022 filing to $13M in the plan year 2023 filing.
  • Precision Drilling (US) Corporation 401(k) Plan reported participants rose from 1,429 in the plan year 2022 filing to 1,888 in the plan year 2023 filing.
  • Precision Drilling (US) Corporation 401(k) Plan end-of-year assets rose from $63M in the plan year 2022 filing to $76M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Texas
Industry
Mining & Oil Extraction

Participants vs Texas filers

In Texas, the average filing covers about 688 participants across 10,116 plans. Precision Drilling (US) Corporation 401(k) Plan reports 1,888 participants - 2.7x that state average ($76M EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)$63M
Net Assets (End of Year)$76M
Net Income$13M
Employer EIN263638348
Plan Effective Date1990-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Precision Drilling (US) Corporation)

$60M$70M$80M$90M 202220232024 $62.6M $86.1M ▲ +37.7%
Total plan assets by year, all Precision Drilling (US) Corporation plans on file
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. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Precision Drilling (…, Total assets ($B): 0.075627272 · Participants: 1888Precision Drilling (…AT&T Retirement Savi…, Total assets ($B): 40.012012 · Participants: 119854AT&T Retirement Savi…Exxonmobil Savings P…, Total assets ($B): 21.917 · Participants: 23477Exxonmobil Savings P…Caterpillar 401(k) S…, Total assets ($B): 16.496476432 · Participants: 41679Caterpillar 401(k) S…American Airlines, I…, Total assets ($B): 14.680189879 · Participants: 88792American Airlines, I…Dell Inc. 401(k) Plan, Total assets ($B): 13.529835 · Participants: 45686Dell Inc. 401(k) Plan
Precision Drilling (US) Corporation 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Precision Drilling (US) Corporation 401(… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Precision Drilling (US) Corporation 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Precision Drilling (US) Corporation 401(k) Plan assets move in 2023? ▼
Precision Drilling (US) Corporation 401(k) Plan grew sharply - up 20.9% during 2023, from $63M to $76M. Reported net income was $13M.
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 89th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile 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 Hartree Partners, LP Employees' Savings Plan in NY ($76M, 267 participants).

Next read for Precision Drilling (US) Corporation 401(…

Filing takeaways

Ways to act on Precision Drilling (US) Corporation 401(k) Plan's numbers.

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 263638348.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.