401(k) · DOL Form 5500 · 2023
Patterson-Uti Energy, Inc 401(k) Plan
Data updated 2026-08-11
- $266M
- Total assets
- 6,304
- Participants
- 96th
- Percentile by assets
- $42,176
- Avg per participant
Official DOL plan name: Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan · Sponsored by Patterson-Uti Energy, Inc · Texas · Mining & Oil Extraction
$266M in assets, 6,304 participants
Patterson-Uti Energy, Inc's Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan reported $266M in total assets and 6,304 participants in its 2023 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.
- 96th percentile by assets (of 127,072 plans)
- #744 in Mining & Oil Extraction (811 peers)
Coverage in Texas
Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan covers 6,304 participants in Texas, 9.2x the typical Texas plan (state average ~688 per filing). Assets: $266M.
- $266M
- total plan assets (2023 EOY)
- 6,304
- covered participants
- 96th
- percentile by assets (of 127,072 plans)
- $42,176
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan reported net income rose from -$29M in the plan year 2022 filing to $55M in the plan year 2023 filing.
- Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $201M in the plan year 2022 filing to $266M in the plan year 2023 filing.
- Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan reported participants rose from 5,500 in the plan year 2022 filing to 6,304 in the plan year 2023 filing.
Participants vs Texas filers
In Texas, the average filing covers about 688 participants across 10,116 plans. Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan reports 6,304 participants - 9.2x that state average ($266M EOY assets).
Texas filing particulars
| Total Assets (Beginning of Year) | $201M |
|---|---|
| Net Assets (End of Year) | $266M |
| Net Income | $55M |
| Employer EIN | 752504748 |
| Plan Effective Date | 1992-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Patterson-Uti Energy, Inc)
| 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
- AT&T Retirement Savings Plan $40.0B · 119,854
- Exxonmobil Savings Plan $21.9B · 23,477
- Caterpillar 401(k) Savings Plan $16.5B · 41,679
- American Airlines, Inc. 401(k) Plan $14.7B · 88,792
- Dell Inc. 401(k) Plan $13.5B · 45,686
Scale composition for Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan
Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan reports $266M in end-of-year assets across 6,304 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $42,176 per participant (31% of the national average assets-per-participant) . Net income for plan year 2023 was $55M.
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 | Open filing |
| 2023 | 6,304 | $266M | This page |
| 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 (401(k), $613M, 5,714 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan by total assets, not by location.
- Serta Simmons Bedding 401(k) Retirement Plan (GA) $266M · 3,126
- District Medical Group, Inc. Profit Sharing and 401(k) Plan & Trust (AZ) $266M · 767
- Genesiscare USA, Inc. Profit Sharing 401(k) Retirement Plan (FL) $266M · 2,813
- Morgan US Employees' 401(k) Plan (NC) $266M · 2,163
Frequently Asked Questions
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Next read for Patterson-Uti Energy, Inc. 401(k) Profit…
Filing takeaways
Ways to act on Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan's numbers.
- By total assets, Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Texas. Compare plans
- Patterson-Uti Energy, Inc's sponsor-wide assets have grown 205.5% since 2022 across 3 plan years on file. More Mining & Oil Extraction plans