401(k) · DOL Form 5500 · 2024
Patterson-Uti Energy, Inc 401(k) Plan
Data updated 2026-08-25
- $613M
- Total assets Above avg plan size
- 5,714
- Participants Above avg headcount
- 98th
- Percentile by assets National rank
- $107,280
- Avg per participant Below avg balance/head
Official DOL plan name: Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan · Sponsored by Patterson-Uti Energy, Inc · Texas · Mining & Oil Extraction
$613M in assets, 5,714 participants
Patterson-Uti Energy, Inc's Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan reported $613M in total assets and 5,714 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.
- #752 in Mining & Oil Extraction (785 peers)
Coverage in Texas
Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan covers 5,714 participants in Texas, 8.3x the typical Texas plan (state average ~688 per filing). Assets: $613M.
- #752
- in Mining & Oil Extraction (785 peers)
- +130.6%
- assets growth YoY
- 6.2×
- vs typical plan assets (national mean)
Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan's outsized position by total assets
Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$612,996,933 Top 2% higher than 98% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan's large-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan lands in the large band (5,714 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $266M in the plan year 2023 filing to $613M in the plan year 2024 filing.
- Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan reported net income fell from $55M in the plan year 2023 filing to $35M in the plan year 2024 filing.
- Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan reported participants fell from 6,304 in the plan year 2023 filing to 5,714 in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 752504748 · Patterson-Uti Energy, Inc PY 2024 · 401(k)
Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan · $613M · 5,714 · 98th
- SCH $613M
- SCH 5,714
- SCH 98th
- SCH 401(k)
- SCH near Optum Partner Services 401(k) Savings Plan
- SCH ind #752
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 →
Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood
Texas filing particulars
| Total Assets (Beginning of Year) | $266M |
|---|---|
| Net Assets (End of Year) | $613M |
| Net Income | $35M |
| Employer EIN | 752504748 |
| Plan Effective Date | 1992-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Patterson-Uti Energy, Inc)
Sponsor-wide plan assets over time
All Patterson-Uti Energy, Inc plans reported in each filing year
- Latest sponsor-wide plan assets
- $613M 205.4528723000939% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 5,500 | $201M |
| 2023 | 1 | 6,304 | $266M |
| 2024 | 1 | 5,714 | $613M |
Nearby 401(k) Plans in Texas
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- AT&T Retirement Savings Plan $43.1B · 109,889
- Exxonmobil Savings Plan $23.7B · 21,990
- Chevron Employee Savings Investment Plan $20.4B · 21,505
- Caterpillar 401(k) Savings Plan $18.8B · 43,873
- Southwest Airlines Co. Retirement Savings Plan $17.0B · 67,820
Scale composition for Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan
Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan reports $613M in end-of-year assets across 5,714 participants (0.005% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $107,280 per participant (78% of the national average assets-per-participant) . Net income for plan year 2024 was $35M.
This plan identity (EIN 752504748, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $201M to $613M (+205.5%) while covered participants moved from 5,500 to 5,714 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 5,500 | $201M | Open filing |
| 2023 | 6,304 | $266M | Open filing |
| 2024 · index core | 5,714 | $613M | This page |
Patterson-Uti Energy, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount
Outside Texas, the nearest 401(k) by assets is Optum Partner Services 401(k) Savings Plan in MN ($613M); by covered participants it is Salt River Project Employees' 401(k) Plan in AZ (5,712 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($613M here).
- Optum Partner Services 401(k) Savings Plan (MN) $613M · 3,588
- 401(k) Savings and Retirement Plan, Sponsored by Natixis Investment Managers, LLC (MA) $613M · 921
- Informatica LLC 401(k) Retirement Plan (CA) $613M · 1,580
- Stinson LLP Retirement Plan (MO) $614M · 872
Similar participant headcount
Nearest other-state filings by covered participants (5,714 participants); asset peers above are excluded.
- Salt River Project Employees' 401(k) Plan (AZ) 5,712 · 2 off
- 401(k) Retirement Savings Plan for Employees of the Valley Hospital (NJ) 5,712 · 2 off
- American Public Education Retirement Plan (WV) 5,717 · 3 off
- Trinity Health 401(k) Retirement Savings Plan (MI) 5,709 · 5 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.