401(k) · DOL Form 5500 · 2023

Independence Contract Drilling, Inc 401(k) Plan

Data updated 2026-08-25

$20M
Total assets Small plan by assets
503
Participants Below avg headcount
73rd
Percentile by assets National rank
$39,683
Avg per participant Low balance/head
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Official DOL plan name: Icd, Inc. 401(k) Plan · Sponsored by Independence Contract Drilling, Inc · Texas · Mining & Oil Extraction

$20M in assets, 503 participants

Independence Contract Drilling, Inc's Icd, Inc. 401(k) Plan reported $20M in total assets and 503 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.

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

Independence Contract Drilling, Inc multi-year trail

Independence Contract Drilling, Inc's plans moved +24.2% in assets from 2022 to 2024; this filing shows Icd, Inc. 401(k) Plan at $20M / 503 participants.

#438
in Mining & Oil Extraction (811 peers)
+16.9%
assets growth YoY

Icd, Inc. 401(k) Plan's outsized position by total assets

Icd, Inc. 401(k) Plan vs every filed plan by assets

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

$19,960,528 Top 27% higher than 73% 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

Icd, Inc. 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. Icd, Inc. 401(k) Plan sits mid-pack in the medium band (503 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Icd, Inc. 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Icd, Inc. 401(k) Plan end-of-year assets rose from $17M in the plan year 2022 filing to $20M in the plan year 2023 filing.
  • Icd, Inc. 401(k) Plan reported participants rose from 465 in the plan year 2022 filing to 503 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 371653648 · Independence Contract Drilling, Inc PY 2023 · 401(k)

Icd, Inc. 401(k) Plan · $20M · 503 · 73rd

  • PART $20M
  • PART 503
  • PART 73rd
  • PART 401(k)
  • PART near Genova Burns LLC 401(k)/Profit Sharing Plan
  • PART ind #438

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 →

Icd, Inc. 401(k) Plan in the asset neighbourhood

Icd, Inc. 401(k) Plan$20MGenova Burns LLC 401(k)/Profit Sharing PlanGenova Burns LLC 401(k)/Prof…$20MPlan International USA, Inc. Retirement PlanPlan International USA, Inc.…$20MAmerican Musical Supply 401(k) Profit Sharing PlanAmerican Musical Supply 401(…$20MEmployee Services, Inc. 401(k) PlanEmployee Services, Inc. 401(…$20M
End-of-year total assets ($M) among Icd, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Independence Contract Drilling, Inc multi-year asset trail

Sponsor-wide plan assets over time

All Independence Contract Drilling, Inc plans reported in each filing year

Latest sponsor-wide plan assets
$21M 24.182793922617865% vs 2022
2024 filing year
$16M$18M$20M$22M 202220232024 $17.1M $21.2M ▲ +24.2%
Year Plans Participants Total Assets
2022 1 465 $17M
2023 1 503 $20M
2024 1 475 $21M

Independence Contract Drilling, Inc filing trail (2023)

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$20M
Net Income$3M
Employer EIN371653648
Plan Effective Date2011-08-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Texas

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

Icd, Inc. 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Icd, Inc. 401(k) Plan, Total assets ($B): 0.019960528 · Participants: 503Icd, Inc. 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
Icd, Inc. 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Icd, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Genova Burns LLC 401(k)/Profit Sharing Plan in NJ ($20M); by covered participants it is Ehpv 401(k) Plan in NE (503 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (503 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 Icd, Inc. 401(k) Plan assets move in 2023?
Icd, Inc. 401(k) Plan grew sharply - up 16.9% during 2023, from $17M to $20M. Reported net income was $3M.
How have Independence Contract Drilling, Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Independence Contract Drilling, Inc's sponsor-wide assets grew 24.2%, from $17M to $21M.
Which 401(k) plans are similar in size to Icd, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Genova Burns LLC 401(k)/Profit Sharing Plan in NJ ($20M, 108 participants).
Which 401(k) plans cover a similar participant headcount to Icd, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Ehpv 401(k) Plan in NE (503 participants, $5M in assets).