401(k) · DOL Form 5500 · 2023

Patterson-Uti Energy, Inc 401(k) Plan

Data updated 2026-08-25

$266M
Total assets Near avg plan size
6,304
Participants Above avg headcount
96th
Percentile by assets National rank
$42,176
Avg per participant Low balance/head
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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.

  • #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.

#744
in Mining & Oil Extraction (811 peers)
+32.5%
assets growth YoY
2.7×
vs typical plan assets (national mean)

Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan's outsized position by total assets

Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$265,879,435 Top 4% higher than 96% 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

Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan lands in the large band (6,304 participants).

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.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 752504748 · Patterson-Uti Energy, Inc PY 2023 · 401(k)

Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan · $266M · 6,304 · 96th

  • PHOTO $266M
  • PHOTO 6,304
  • PHOTO 96th
  • PHOTO 401(k)
  • PHOTO near Serta Simmons Bedding 401(k) Retirement Plan
  • PHOTO ind #744

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 →

Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Morgan US Employees' 401(k) PlanMorgan US Employees' 401(k) …$266MDistrict Medical Group, Inc. Profit Sharing and 401(k) Plan & TrustDistrict Medical Group, Inc.…$266MSerta Simmons Bedding 401(k) Retirement PlanSerta Simmons Bedding 401(k)…$266MPatterson-Uti Energy, Inc. 401(k) Profit Sharing PlanPatterson-Uti Energy, Inc. 4…$266MGenesiscare USA, Inc. Profit Sharing 401(k) Retirement PlanGenesiscare USA, Inc. Profit…$266M
End-of-year total assets ($M) among Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Texas filing particulars

Total Assets (Beginning of Year)$201M
Net Assets (End of Year)$266M
Net Income$55M
Employer EIN752504748
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Patterson-Uti Energy, Inc)

Sponsor-wide plan assets over time

All Patterson-Uti Energy, Inc plans reported in each filing year

Latest sponsor-wide plan assets
$613M 205.4528723000939% vs 2022
2024 filing year
$0M$200M$400M$600M$800M 202220232024 $201M $613M ▲ +205.5%
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 Scatter plot of 6 data points. 050000100000150000 -1001020304050 Total assets ($B) Participants Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.265879435 · Participants: 6304Patterson-Uti Energy, Inc. 401(k) Profit Sharing 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
Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

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's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Serta Simmons Bedding 401(k) Retirement Plan in GA ($266M); by covered participants it is Prospect Medical Retirement Savings Plan B in CA (6,301 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (6,304 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 Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan assets move in 2023? ▼
Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan surged - up 32.5% during 2023, from $201M to $266M. Reported net income was $55M.
How have Patterson-Uti Energy, Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Patterson-Uti Energy, Inc's sponsor-wide assets grew 205.5%, from $201M to $613M.
Where does Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Serta Simmons Bedding 401(k) Retirement Plan in GA ($266M, 3,126 participants).
Which 401(k) plans cover a similar participant headcount to Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Prospect Medical Retirement Savings Plan B in CA (6,301 participants, $265M in assets).

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 752504748.

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.