ESOP · DOL Form 5500 · 2023

Oil Well Service Co. ESOP

Data updated 2026-08-11

$21M
Total assets
103
Participants
73rd
Percentile by assets
$199,978
Avg per participant
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Official DOL plan name: Oil Well Service Co. Employee Stock Ownership Plan · Sponsored by Oil Well Service Co. · California · Mining & Oil Extraction

$21M in assets, 103 participants

Oil Well Service Co.'s Oil Well Service Co. Employee Stock Ownership Plan reported $21M in total assets and 103 participants in its 2023 DOL Form 5500 filing, ranking in the 73rd 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.

  • 73rd percentile by assets (of 127,072 plans)
  • #444 in Mining & Oil Extraction (811 peers)

Coverage in California

Oil Well Service Co. Employee Stock Ownership Plan covers 103 participants in California, about 16% of the average California filer (state average ~630 per filing). Assets: $21M.

$21M
total plan assets (2023 EOY)
103
covered participants
73rd
percentile by assets (of 127,072 plans)
$199,978
avg assets per participant

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Oil Well Service Co. Employee Stock Ownership Plan reported net income rose from -$4M in the plan year 2022 filing to -$3M in the plan year 2023 filing.
  • Oil Well Service Co. Employee Stock Ownership Plan reported participants rose from 89 in the plan year 2022 filing to 103 in the plan year 2023 filing.
  • Oil Well Service Co. Employee Stock Ownership Plan end-of-year assets fell from $24M in the plan year 2022 filing to $21M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Oil Well Service Co. Employee Stock Ownership Plan reports 103 participants - about 16% of that state average ($21M EOY assets).

California filing particulars

Total Assets (Beginning of Year)$24M
Net Assets (End of Year)$19M
Net Income-$3M
Employer EIN951062955
Plan Effective Date2004-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Oil Well Service Co.)

$24M$26M$28M$30M 202220232024 $28.5M $25M ▼ -12.3%
Total plan assets by year, all Oil Well Service Co. plans on file
Year Plans Participants Total Assets
2022 2 178 $28M
2023 2 207 $25M
2024 2 205 $25M

Nearby ESOP Plans in California

Peer ESOP plans, same state, same plan type, ranked by total assets.

Oil Well Service Co. Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants

Oil Well Service Co. Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -101234 Total assets ($B) Participants Oil Well Service Co.…Parsons Employee Sto…Acco Employee Stock …Rosendin Electric, I…Agron, Inc. Employee…Recology Employee St…
Oil Well Service Co. Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Oil Well Service Co. Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Oil Well Service Co. Employee Stock Ownership Plan assets move in 2023?
Oil Well Service Co. Employee Stock Ownership Plan pulled back noticeably - down 12.6% during 2023, from $24M to $21M. Reported net income was -$3M.
How have Oil Well Service Co. plan assets changed over time?
Across 3 plan years on file (2022-2024), Oil Well Service Co.'s sponsor-wide assets declined 12.3%, from $28M to $25M.
Which ESOP plans are similar in size to Oil Well Service Co. Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Cgp Foods Inc. Employee Stock Ownership Plan in WV ($21M, 282 participants).

Next read for Oil Well Service Co. Employee Stock Owne…

Filing takeaways

Ways to act on Oil Well Service Co. Employee Stock Ownership Plan's numbers.