401(k) · DOL Form 5500 · 2024

Major Drilling America, Inc. 401(k) Plan

Data updated 2026-08-25

$32M
Total assets Below avg plan size
529
Participants Below avg headcount
78th
Percentile by assets National rank
$59,730
Avg per participant Low balance/head
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Official DOL plan name: Major Drilling America, Inc. 401(k) Plan · Sponsored by Major Drilling America, Inc. · Utah · Mining & Oil Extraction

$32M in assets, 529 participants

Major Drilling America, Inc.'s Major Drilling America, Inc. 401(k) Plan reported $32M in total assets and 529 participants in its 2024 DOL Form 5500 filing, ranking in the 78th 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.

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

Where Major Drilling America, Inc. 401(k) Plan sits by assets

Major Drilling America, Inc. 401(k) Plan sits in the top quartile of all filed plans by assets, $32M for 529 participants (~$59,730/participant), up 14.9% in 2024.

#496
in Mining & Oil Extraction (785 peers)
+14.9%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Major Drilling America, Inc. 401(k) Plan's outsized position by total assets

Major Drilling America, Inc. 401(k) Plan vs every filed plan by assets

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

$31,596,959 Top 22% higher than 78% 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

Major Drilling America, Inc. 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. Major Drilling America, Inc. 401(k) Plan sits mid-pack in the medium band (529 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Major Drilling America, Inc. 401(k) Plan reported net income fell from $6M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Major Drilling America, Inc. 401(k) Plan end-of-year assets rose from $28M in the plan year 2023 filing to $32M in the plan year 2024 filing.
  • Major Drilling America, Inc. 401(k) Plan reported participants fell from 554 in the plan year 2023 filing to 529 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 202372051 · Major Drilling America, Inc. PY 2024 · 401(k)

Major Drilling America, Inc. 401(k) Plan · $32M · 529 · 78th

  • 5500 $32M
  • ASSETS 529
  • PCT 78th
  • EIN 401(k)
  • RANK near Foundation Partners Group, LLC Retirement Savings Plan
  • PHOTO ind #496

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 Utah →

Major Drilling America, Inc. 401(k) Plan in the asset neighbourhood

Major Drilling America, Inc. 401(k) PlanMajor Drilling America, Inc.…$32MFoundation Partners Group, LLC Retirement Savings PlanFoundation Partners Group, L…$32MSmrt, Inc. 401(k) Profit Sharing PlanSmrt, Inc. 401(k) Profit Sha…$32MEci, Inc. 401(k) Plan$32MFurst-Mcness 401(k) Plan$32M
End-of-year total assets ($M) among Major Drilling America, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$28M
Net Assets (End of Year)$32M
Net Income$4M
Employer EIN202372051
Plan Effective Date2005-03-16
Filing StatusFILING RECEIVED

Sponsor Plan History (Major Drilling America, Inc.)

Sponsor-wide plan assets over time

All Major Drilling America, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$32M 46.60334679399124% vs 2022
2024 filing year
$20M$25M$30M$35M 202220232024 $21.6M $31.6M ▲ +46.6%
Year Plans Participants Total Assets
2022 1 452 $22M
2023 1 554 $28M
2024 1 529 $32M

Nearby 401(k) Plans in Utah

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

Major Drilling America, Inc. 401(k) Plan vs. nearby 401(k) plans in Utah, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -202468 Total assets ($B) Participants Major Drilling America, Inc. 401(k) Plan, Total assets ($B): 0.031596959 · Participants: 529Major Drilling America, Inc. 401(k) PlanIntermountain Health 401(k) Plan, Total assets ($B): 6.832891 · Participants: 68360Intermountain Health 401(k) PlanDeseret 401(k) Plan, Total assets ($B): 6.145738842 · Participants: 25301Deseret 401(k) PlanZions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership Plan, Total assets ($B): 1.885575832 · Participants: 9972Zions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership PlanSkywest, Inc. Employees' Retirement Plan, Total assets ($B): 1.420052359 · Participants: 14259Skywest, Inc. Employees' Retirement PlanRio Tinto America Inc. 401(k) Savings Plan and Investment Partnership Plan, Total assets ($B): 0.686992924 · Participants: 1926Rio Tinto America Inc. 401(k) Savings Plan and Investment Partnership Plan
Major Drilling America, Inc. 401(k) Plan vs. nearby 401(k) plans in Utah, assets vs. participants
Compare Major Drilling America, Inc. 401(k) Plan side-by-side with 3 peers →

Major Drilling America, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Utah, the nearest 401(k) by assets is Foundation Partners Group, LLC Retirement Savings Plan in FL ($32M); by covered participants it is Your 401(k) Retirement Plan in OR (529 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($32M here).

Similar participant headcount

Nearest other-state filings by covered participants (529 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 Major Drilling America, Inc. 401(k) Plan assets move in 2024? ▼
Major Drilling America, Inc. 401(k) Plan grew at a solid clip - up 14.9% during 2024, from $28M to $32M. Reported net income was $4M.
How have Major Drilling America, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Major Drilling America, Inc.'s sponsor-wide assets grew 46.6%, from $22M to $32M.
Where does Major Drilling America, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Major Drilling America, Inc. 401(k) Plan ranks in the 78th 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 Major Drilling America, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Foundation Partners Group, LLC Retirement Savings Plan in FL ($32M, 1,588 participants).
Which 401(k) plans cover a similar participant headcount to Major Drilling America, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Your 401(k) Retirement Plan in OR (529 participants, $19M 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 202372051.

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.