401(k) · DOL Form 5500 · 2024

Abaco Drilling Technologies LLC 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
160
Participants Small participant base
60th
Percentile by assets National rank
$77,235
Avg per participant Below avg balance/head
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Official DOL plan name: Abaco Drilling Technologies LLC 401(k) Plan · Sponsored by Abaco Drilling Technologies LLC · Texas · Manufacturing

$12M in assets, 160 participants

Abaco Drilling Technologies LLC's Abaco Drilling Technologies LLC 401(k) Plan reported $12M in total assets and 160 participants in its 2024 DOL Form 5500 filing, ranking in the 60th 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.

  • #8,402 in Manufacturing (17,777 peers)

Coverage in Texas

Abaco Drilling Technologies LLC 401(k) Plan covers 160 participants in Texas, about 23% of the average Texas filer (state average ~688 per filing). Assets: $12M.

#8,402
in Manufacturing (17,777 peers)
+4.5%
assets growth YoY

Abaco Drilling Technologies LLC 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Abaco Drilling Technologies LLC 401(k) Plan vs every filed plan by assets

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

$12,357,535 Top 40% higher than 60% 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

Abaco Drilling Technologies LLC 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. Abaco Drilling Technologies LLC 401(k) Plan sits mid-pack in the medium band (160 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Abaco Drilling Technologies LLC 401(k) Plan reported net income fell from $3M in the plan year 2023 filing to $532K in the plan year 2024 filing.
  • Abaco Drilling Technologies LLC 401(k) Plan reported participants rose from 148 in the plan year 2023 filing to 160 in the plan year 2024 filing.
  • Abaco Drilling Technologies LLC 401(k) Plan end-of-year assets rose from $12M in the plan year 2023 filing to $12M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 272988638 · Abaco Drilling Technologies LLC PY 2024 · 401(k)

Abaco Drilling Technologies LLC 401(k) Plan · $12M · 160 · 60th

  • RANK $12M
  • RANK 160
  • RANK 60th
  • RANK 401(k)
  • RANK near Agilitech 401(k) Profit Sharing Plan
  • RANK ind #8402

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 Manufacturing retirement plans → · Plans in Texas →

Abaco Drilling Technologies LLC 401(k) Plan in the asset neighbourhood

Abaco Drilling Technologies LLC 401(k) PlanAbaco Drilling Technologies …$12MAgilitech 401(k) Profit Sharing PlanAgilitech 401(k) Profit Shar…$12MOpus12 401(k) Plan$12MSilver Cross Management Services Organization 401(k) PlanSilver Cross Management Serv…$12MAxiom Technology, Inc. 401(k) Profit Sharing PlanAxiom Technology, Inc. 401(k…$12M
End-of-year total assets ($M) among Abaco Drilling Technologies LLC 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Texas filing particulars

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$12M
Net Income$532K
Employer EIN272988638
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Abaco Drilling Technologies LLC)

Sponsor-wide plan assets over time

All Abaco Drilling Technologies LLC plans reported in each filing year

Latest sponsor-wide plan assets
$12M 39.44432313979318% vs 2022
2024 filing year
$8M$10M$12M$14M 202220232024 $8.86M $12.4M ▲ +39.5%
Year Plans Participants Total Assets
2022 1 118 $9M
2023 1 148 $12M
2024 1 160 $12M

Nearby 401(k) Plans in Texas

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

Abaco Drilling Technologies LLC 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Abaco Drilling Technologies LLC 401(k) Plan, Total assets ($B): 0.012357535 · Participants: 160Abaco Drilling Technologies LLC 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
Abaco Drilling Technologies LLC 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Abaco Drilling Technologies LLC 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Agilitech 401(k) Profit Sharing Plan in CA ($12M); by covered participants it is Battlefield Farms, Inc. Profit Sharing Plan in VA (160 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($12M here).

Similar participant headcount

Nearest other-state filings by covered participants (160 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 Abaco Drilling Technologies LLC 401(k) Plan assets move in 2024?
Abaco Drilling Technologies LLC 401(k) Plan edged up modestly - up 4.5% during 2024, from $12M to $12M. Reported net income was $532K.
How have Abaco Drilling Technologies LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Abaco Drilling Technologies LLC's sponsor-wide assets grew 39.4%, from $9M to $12M.
Which 401(k) plans are similar in size to Abaco Drilling Technologies LLC 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Agilitech 401(k) Profit Sharing Plan in CA ($12M, 87 participants).
Which 401(k) plans cover a similar participant headcount to Abaco Drilling Technologies LLC 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Battlefield Farms, Inc. Profit Sharing Plan in VA (160 participants, N/A in assets).