401(k) · DOL Form 5500 · 2023

Major Drilling America, Inc. 401(k) Plan

Data updated 2026-08-25

$28M
Total assets Below avg plan size
554
Participants Below avg headcount
78th
Percentile by assets National rank
$49,655
Avg per participant Low balance/head
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Official DOL plan name: Major Drilling America, Inc. 401(k) Plan · Sponsored by Major Drilling America, Inc. · Utah · Mining & Oil Extraction

$28M in assets, 554 participants

Major Drilling America, Inc.'s Major Drilling America, Inc. 401(k) Plan reported $28M in total assets and 554 participants in its 2023 DOL Form 5500 filing, ranking in the 78th 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.

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

Where Major Drilling America, Inc. 401(k) Plan sits by assets

Major Drilling America, Inc. 401(k) Plan sits in the top quartile of all filed plans by assets, $28M for 554 participants (~$49,655/participant), up 27.6% in 2023.

#505
in Mining & Oil Extraction (811 peers)
+27.6%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Major Drilling America, Inc. 401(k) Plan's outsized position by total assets

Major Drilling America, Inc. 401(k) Plan vs every filed plan by assets

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

$27,508,946 Top 22% higher than 78% 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

Major Drilling America, 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. Major Drilling America, Inc. 401(k) Plan sits mid-pack in the medium band (554 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Major Drilling America, Inc. 401(k) Plan reported net income rose from -$813K in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Major Drilling America, Inc. 401(k) Plan end-of-year assets rose from $22M in the plan year 2022 filing to $28M in the plan year 2023 filing.
  • Major Drilling America, Inc. 401(k) Plan reported participants rose from 452 in the plan year 2022 filing to 554 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 202372051 · Major Drilling America, Inc. PY 2023 · 401(k)

Major Drilling America, Inc. 401(k) Plan · $28M · 554 · 78th

  • TYPE $28M
  • NET 554
  • BOOK 78th
  • VS-ST 401(k)
  • BOY near Venturedyne Ltd Salaried Defferral Investment Plan
  • SCH ind #505

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 Utah →

Major Drilling America, Inc. 401(k) Plan in the asset neighbourhood

Major Drilling America, Inc. 401(k) PlanMajor Drilling America, Inc.…$28MVenturedyne Ltd Salaried Defferral Investment PlanVenturedyne Ltd Salaried Def…$28MC. R. Jackson, Inc. & N. W. White & Co. 401(k) Profit Sharing PlanC. R. Jackson, Inc. & N. W. …$28MUmh Properties, Inc. 401(k) PlanUmh Properties, Inc. 401(k) …$28MQuestex LLC 401(k) Plan$28M
End-of-year total assets ($M) among Major Drilling America, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$22M
Net Assets (End of Year)$27M
Net Income$6M
Employer EIN202372051
Plan Effective Date2005-03-16
Filing StatusFILING RECEIVED

Sponsor Plan History (Major Drilling America, Inc.)

Sponsor-wide plan assets over time

All Major Drilling America, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$32M 46.60334679399124% vs 2022
2024 filing year
$20M$25M$30M$35M 202220232024 $21.6M $31.6M ▲ +46.6%
Year Plans Participants Total Assets
2022 1 452 $22M
2023 1 554 $28M
2024 1 529 $32M

Nearby 401(k) Plans in Utah

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

Major Drilling America, Inc. 401(k) Plan vs. nearby 401(k) plans in Utah, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -202468 Total assets ($B) Participants Major Drilling America, Inc. 401(k) Plan, Total assets ($B): 0.027508946 · Participants: 554Major Drilling America, Inc. 401(k) PlanIntermountain Healthcare Savings Plus 401(k) Plan, Total assets ($B): 6.015479 · Participants: 46680Intermountain Healthcare Savings Plus 401(k) PlanDeseret 401(k) Plan, Total assets ($B): 5.481729272 · Participants: 24292Deseret 401(k) PlanZions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership Plan, Total assets ($B): 1.662904822 · Participants: 10088Zions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership PlanSkywest, Inc. Employees' Retirement Plan, Total assets ($B): 1.192769515 · Participants: 15411Skywest, Inc. Employees' Retirement PlanAutoliv Asp, Inc. Employee Savings and Investment Plan, Total assets ($B): 0.633594695 · Participants: 4537Autoliv Asp, Inc. Employee Savings and Investment Plan
Major Drilling America, Inc. 401(k) Plan vs. nearby 401(k) plans in Utah, assets vs. participants
Compare Major Drilling America, Inc. 401(k) Plan side-by-side with 3 peers →

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

Outside Utah, the nearest 401(k) by assets is Venturedyne Ltd Salaried Defferral Investment Plan in WI ($28M); by covered participants it is Morning Star Company 401(k) Profit Sharing Plan in CA (554 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (554 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 Major Drilling America, Inc. 401(k) Plan assets move in 2023? ▼
Major Drilling America, Inc. 401(k) Plan grew sharply - up 27.6% during 2023, from $22M to $28M. Reported net income was $6M.
How have Major Drilling America, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Major Drilling America, Inc.'s sponsor-wide assets grew 46.6%, from $22M to $32M.
Where does Major Drilling America, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Major Drilling America, Inc. 401(k) Plan ranks in the 78th 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 Major Drilling America, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Venturedyne Ltd Salaried Defferral Investment Plan in WI ($28M, 414 participants).
Which 401(k) plans cover a similar participant headcount to Major Drilling America, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Morning Star Company 401(k) Profit Sharing Plan in CA (554 participants, $76M 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 202372051.

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.