401(k) · DOL Form 5500 · 2024

Precision Drilling (US) Corporation 401(k) Plan

Data updated 2026-08-11

$86M
Total assets
1,569
Participants
89th
Percentile by assets
$54,901
Avg per participant
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Official DOL plan name: Precision Drilling (US) Corporation 401(k) Plan · Sponsored by Precision Drilling (US) Corporation · Texas · Mining & Oil Extraction

$86M in assets, 1,569 participants

Precision Drilling (US) Corporation's Precision Drilling (US) Corporation 401(k) Plan reported $86M in total assets and 1,569 participants in its 2024 DOL Form 5500 filing, ranking in the 89th 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.

  • 89th percentile by assets (of 123,622 plans)
  • #621 in Mining & Oil Extraction (785 peers)

Coverage in Texas

Precision Drilling (US) Corporation 401(k) Plan covers 1,569 participants in Texas, 2.3x the typical Texas plan (state average ~688 per filing). Assets: $86M.

$86M
total plan assets (2024 EOY)
1,569
covered participants
89th
percentile by assets (of 123,622 plans)
$54,901
avg assets per participant

Where Precision Drilling (US) Corporation 401(k) Plan sits by total assets

Precision Drilling (US) Corporation 401(k) Plan vs every filed plan by assets

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

$86,140,161 Top 11% higher than 89% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Precision Drilling (US) Corporation 401(k) Plan reported net income fell from $13M in the plan year 2023 filing to $11M in the plan year 2024 filing.
  • Precision Drilling (US) Corporation 401(k) Plan reported participants fell from 1,888 in the plan year 2023 filing to 1,569 in the plan year 2024 filing.
  • Precision Drilling (US) Corporation 401(k) Plan end-of-year assets rose from $76M in the plan year 2023 filing to $86M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Texas
Industry
Mining & Oil Extraction

Participants vs Texas filers

In Texas, the average filing covers about 688 participants across 10,116 plans. Precision Drilling (US) Corporation 401(k) Plan reports 1,569 participants - 2.3x that state average ($86M EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)$76M
Net Assets (End of Year)$86M
Net Income$11M
Employer EIN263638348
Plan Effective Date1990-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Precision Drilling (US) Corporation)

$60M$70M$80M$90M 202220232024 $62.6M $86.1M ▲ +37.7%
Total plan assets by year, all Precision Drilling (US) Corporation plans on file
Year Plans Participants Total Assets
2022 1 1,429 $63M
2023 1 1,888 $76M
2024 1 1,569 $86M

Nearby 401(k) Plans in Texas

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

Precision Drilling (US) Corporation 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Precision Drilling (…, Total assets ($B): 0.086140161 · Participants: 1569Precision Drilling (…AT&T Retirement Savi…, Total assets ($B): 43.121795 · Participants: 109889AT&T Retirement Savi…Exxonmobil Savings P…, Total assets ($B): 23.711 · Participants: 21990Exxonmobil Savings P…Chevron Employee Sav…, Total assets ($B): 20.378704663 · Participants: 21505Chevron Employee Sav…Caterpillar 401(k) S…, Total assets ($B): 18.81200478 · Participants: 43873Caterpillar 401(k) S…Southwest Airlines C…, Total assets ($B): 16.991748637 · Participants: 67820Southwest Airlines C…
Precision Drilling (US) Corporation 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Precision Drilling (US) Corporation 401(… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Precision Drilling (US) Corporation 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Precision Drilling (US) Corporation 401(k) Plan assets move in 2024? ▼
Precision Drilling (US) Corporation 401(k) Plan grew at a solid clip - up 13.9% during 2024, from $76M to $86M. Reported net income was $11M.
How have Precision Drilling (US) Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Precision Drilling (US) Corporation's sponsor-wide assets grew 37.7%, from $63M to $86M.
Where does Precision Drilling (US) Corporation 401(k) Plan rank by assets among Form 5500 filers? ▼
Precision Drilling (US) Corporation 401(k) Plan ranks in the 89th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Precision Drilling (US) Corporation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Building Your Benefits Retirement Savings Plan in OH ($86M, 4,672 participants).

Next read for Precision Drilling (US) Corporation 401(…

Filing takeaways

Ways to act on Precision Drilling (US) Corporation 401(k) Plan's numbers.

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 263638348.

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.