401(k) · DOL Form 5500 · 2024

Noram Drilling Company 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
310
Participants Below avg headcount
43rd
Percentile by assets National rank
$16,773
Avg per participant Low balance/head
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Official DOL plan name: Noram Drilling Company 401(k) Plan · Sponsored by Noram Drilling Company · Texas · Mining & Oil Extraction

$5M in assets, 310 participants

Noram Drilling Company's Noram Drilling Company 401(k) Plan reported $5M in total assets and 310 participants in its 2024 DOL Form 5500 filing, ranking in the 43rd 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.

  • #175 in Mining & Oil Extraction (785 peers)

Coverage in Texas

Noram Drilling Company 401(k) Plan covers 310 participants in Texas, about 45% of the average Texas filer (state average ~688 per filing). Assets: $5M.

#175
in Mining & Oil Extraction (785 peers)
+36.2%
assets growth YoY

Noram Drilling Company 401(k) Plan's mid-pack asset rank among Mining & Oil Extraction and all filers

Noram Drilling Company 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$5,199,611 43rd percentile higher than 43% of 123,620 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 2024

Noram Drilling Company 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Noram Drilling Company 401(k) Plan sits mid-pack in the medium band (310 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Noram Drilling Company 401(k) Plan reported net income rose from $837K in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Noram Drilling Company 401(k) Plan end-of-year assets rose from $4M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Noram Drilling Company 401(k) Plan reported participants fell from 315 in the plan year 2023 filing to 310 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 205762072 · Noram Drilling Company PY 2024 · 401(k)

Noram Drilling Company 401(k) Plan · $5M · 310 · 43rd

  • ASSETS $5M
  • PCT 310
  • EIN 43rd
  • RANK 401(k)
  • PHOTO near The 403(b) Thrift Plan for Employees of the Arc of Burlington County, Inc.
  • IND ind #175

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 →

Noram Drilling Company 401(k) Plan in the asset neighbourhood

Noram Drilling Company 401(k) PlanNoram Drilling Company 401(k…$5MThe 403(b) Thrift Plan for Employees of the Arc of Burlington County, Inc.The 403(b) Thrift Plan for E…$5MPark Avenue Dermatology, PA 401(k) PlanPark Avenue Dermatology, PA …$5MC.a.T. Retirement and Savings PlanC.a.T. Retirement and Saving…$5MU. S. Jetting 401(k) Plan$5M
End-of-year total assets ($M) among Noram Drilling Company 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Texas filing particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$5M
Net Income$1M
Employer EIN205762072
Plan Effective Date2023-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Noram Drilling Company)

Sponsor-wide plan assets over time

All Noram Drilling Company plans reported in each filing year

Latest sponsor-wide plan assets
$5M 74.5205444508552% vs 2022
2024 filing year
$2M$3M$4M$5M$6M 202220232024 $2.98M $5.2M ▲ +74.5%
Year Plans Participants Total Assets
2022 1 191 $3M
2023 1 315 $4M
2024 1 310 $5M

Nearby 401(k) Plans in Texas

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

Noram Drilling Company 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Noram Drilling Company 401(k) Plan, Total assets ($B): 0.005199611 · Participants: 310Noram Drilling Company 401(k) PlanAT&T Retirement Savings Plan, Total assets ($B): 43.121795 · Participants: 109889AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 23.711 · Participants: 21990Exxonmobil Savings PlanChevron Employee Savings Investment Plan, Total assets ($B): 20.378704663 · Participants: 21505Chevron Employee Savings Investment PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 18.81200478 · Participants: 43873Caterpillar 401(k) Savings PlanSouthwest Airlines Co. Retirement Savings Plan, Total assets ($B): 16.991748637 · Participants: 67820Southwest Airlines Co. Retirement Savings Plan
Noram Drilling Company 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Noram Drilling Company 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is The 403(b) Thrift Plan for Employees of the Arc of Burlington County, Inc. in NJ ($5M); by covered participants it is The Mortgage Firm, Inc. 401(k) Plan in FL (310 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (310 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Noram Drilling Company 401(k) Plan assets move in 2024?
Noram Drilling Company 401(k) Plan surged - up 36.2% during 2024, from $4M to $5M. Reported net income was $1M.
How have Noram Drilling Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Noram Drilling Company's sponsor-wide assets grew 74.5%, from $3M to $5M.
Which 401(k) plans are similar in size to Noram Drilling Company 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is The 403(b) Thrift Plan for Employees of the Arc of Burlington County, Inc. in NJ ($5M, 237 participants).
Which 401(k) plans cover a similar participant headcount to Noram Drilling Company 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is The Mortgage Firm, Inc. 401(k) Plan in FL (310 participants, $31M in assets).