Profit Sharing · DOL Form 5500 · 2024

True Drilling LLC Profit Sharing Plan

Data updated 2026-08-25

$139M
Total assets Near avg plan size
773
Participants Near avg headcount
93rd
Percentile by assets National rank
$179,739
Avg per participant Above avg balance/head
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Official DOL plan name: True Companies Employees Profit Sharing Plan · Sponsored by True Drilling LLC · Wyoming · Mining & Oil Extraction

$139M in assets, 773 participants

True Drilling LLC's True Companies Employees Profit Sharing Plan reported $139M in total assets and 773 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.

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

Coverage in Wyoming

True Companies Employees Profit Sharing Plan covers 773 participants in Wyoming, 8.2x the typical Wyoming plan (state average ~94 per filing). Assets: $139M.

#672
in Mining & Oil Extraction (785 peers)
+9.6%
assets growth YoY
1.4×
vs typical plan assets (national mean)

True Companies Employees Profit Sharing Plan's outsized position by total assets

True Companies Employees Profit Sharing Plan vs every filed plan by assets

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

$138,937,951 Top 7% higher than 93% 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

True Companies Employees Profit Sharing 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. True Companies Employees Profit Sharing Plan sits mid-pack in the medium band (773 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • True Companies Employees Profit Sharing Plan reported net income fell from $17M in the plan year 2023 filing to $12M in the plan year 2024 filing.
  • True Companies Employees Profit Sharing Plan end-of-year assets rose from $127M in the plan year 2023 filing to $139M in the plan year 2024 filing.
  • True Companies Employees Profit Sharing Plan reported participants fell from 791 in the plan year 2023 filing to 773 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 830171045 · True Drilling LLC PY 2024 · Profit Sharing

True Companies Employees Profit Sharing Plan · $139M · 773 · 93rd

  • 5500 $139M
  • ASSETS 773
  • PCT 93rd
  • EIN Profit Sharing
  • RANK near Munters Corporation 401(k) Plan
  • PHOTO ind #672

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 Wyoming →

True Companies Employees Profit Sharing Plan in the asset neighbourhood

Local Union No. 41 IBEW Annuity FundLocal Union No. 41 IBEW Annu…$141MMunters Corporation 401(k) PlanMunters Corporation 401(k) P…$140MTrue Companies Employees Profit Sharing PlanTrue Companies Employees Pro…$139MUnited Regional Health Care System Retirement Savings PlanUnited Regional Health Care …$138MTreasurers and Ticket Sellers Local 751 Annuity FundTreasurers and Ticket Seller…$138M
End-of-year total assets ($M) among True Companies Employees Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Wyoming filing particulars

Total Assets (Beginning of Year)$127M
Net Assets (End of Year)$139M
Net Income$12M
Employer EIN830171045
Plan Effective Date1956-12-31
Filing StatusFILING RECEIVED

Sponsor Plan History (True Drilling LLC)

Sponsor-wide plan assets over time

All True Drilling LLC plans reported in each filing year

Latest sponsor-wide plan assets
$211M 29.58502903619869% vs 2022
2024 filing year
$140M$160M$180M$200M$220M 202220232024 $163M $211M ▲ +29.6%
Year Plans Participants Total Assets
2022 2 1,492 $163M
2023 2 1,741 $190M
2024 2 1,738 $211M

Nearby Profit Sharing Plans in Wyoming

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

True Companies Employees Profit Sharing Plan vs. nearby Profit Sharing plans in Wyoming, assets vs. participants Scatter plot of 6 data points. -20002004006008001000 050100150 Total assets ($M) Participants True Companies Employees Profit Sharing Plan, Total assets ($M): 138.937951 · Participants: 773True Companies Employees Profit Sharing PlanIvinson Memorial Hospital Retirement Plan, Total assets ($M): 58.443267 · Participants: 628Ivinson Memorial Hospital Retirement PlanNorth Platte Physical Therapy Services, Inc. Profit Sharing Plan, Total assets ($M): 22.762361 · Participants: 108North Platte Physical Therapy Services, Inc. Profit Sharing PlanPronghorn Construction Limited Keogh Plan, Total assets ($M): 11.744631 · Participants: 3Pronghorn Construction Limited Keogh PlanHilltop National Bank Profit Sharing Plan, Total assets ($M): 7.888304 · Participants: 119Hilltop National Bank Profit Sharing PlanKeith P. Tyler Profit Sharing Plan, Total assets ($M): 7.231389 · Participants: 2Keith P. Tyler Profit Sharing Plan
True Companies Employees Profit Sharing Plan vs. nearby Profit Sharing plans in Wyoming, assets vs. participants
Compare True Companies Employees Profit Sharing Plan side-by-side with 3 peers →

True Companies Employees Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Wyoming, the nearest Profit Sharing by assets is Munters Corporation 401(k) Plan in MA ($140M); by covered participants it is Oregon Federation of Nurses & Health Professionals Kaiser Foundation Health Plan Retirement Plan & Trust in OR (774 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($139M here).

Similar participant headcount

Nearest other-state filings by covered participants (773 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 True Companies Employees Profit Sharing Plan assets move in 2024? ▼
True Companies Employees Profit Sharing Plan grew at a solid clip - up 9.6% during 2024, from $127M to $139M. Reported net income was $12M.
How have True Drilling LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), True Drilling LLC's sponsor-wide assets grew 29.6%, from $163M to $211M.
Where does True Companies Employees Profit Sharing Plan rank by assets among Form 5500 filers? ▼
True Companies Employees Profit Sharing Plan ranks in the 93rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Profit Sharing plans are similar in size to True Companies Employees Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Munters Corporation 401(k) Plan in MA ($140M, 1,357 participants).
Which Profit Sharing plans cover a similar participant headcount to True Companies Employees Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Oregon Federation of Nurses & Health Professionals Kaiser Foundation Health Plan Retirement Plan & Trust in OR (774 participants, $42M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 830171045.

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.