PROPETRO SERVICES, INC. 401(K) PLAN
Plan Contact
- Address: 1706 S. MIDKIFF ROAD, BLDG B,MIDLAND,TX
- Contact person: DAVID SCHORLEMER
- Phone: (432) 688-0012
Plan General Information
PROPETRO SERVICES, INC. 401(K) PLAN Total Retirement Plan Assets
At the end of 2023, the total retirement plan assets of PROPETRO SERVICES, INC. 401(K) PLAN is $43,121,920.00.This plan was established in 2005.
PROPETRO SERVICES, INC. 401(K) PLAN Total Number of Retirement Plan Participants
At the end of 2023, the total number of retirement plan participants in PROPETRO SERVICES, INC. 401(K) PLAN is 1875
PROPETRO SERVICES, INC. 401(K) PLAN Average Participant Retirement Account Value
In 2023, the average participant retirement account value for PROPETRO SERVICES, INC. 401(K) PLAN is $22,998.00
PROPETRO SERVICES, INC. 401(K) PLAN Estimated Average Employee Contribution Amount
In 2023, the estimated average employee contribution amount per participant for PROPETRO SERVICES, INC. 401(K) PLAN is $8,034.00.
PROPETRO SERVICES, INC. 401(K) PLAN Estimated Average Employer Match
In 2023, the estimated average employer match for an employee in PROPETRO SERVICES, INC. 401(K) PLAN is approximately $3,230.00
Investing in this additonal $3,230.00 for 20 years would give you extra $206,735.00, assuming a 10% annual return.
Investing in this additonal $3,230.00 for 20 years would give you extra $206,735.00, assuming a 10% annual return.
PROPETRO SERVICES, INC. 401(K) PLAN Total Employer Contribution and Match Rate
In 2023, PROPETRO SERVICES, INC. 401(K) PLAN allocates $6,056,716.00 to match its employees' contributions, providing an employer match rate of 80.41% of their contributions
PROPETRO SERVICES, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate
In 2023, the total retirement plan asset growth rate of PROPETRO SERVICES, INC. 401(K) PLAN is 63.59%.
PROPETRO SERVICES, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss
In 2023, the estimated aggregate retirement account investment gain/loss for PROPETRO SERVICES, INC. 401(K) PLAN is 35.59%. This measures the effectiveness of the plan participants' investments in the year.
PROPETRO SERVICES, INC. 401(K) PLAN Expense Ratio
In 2023, the investment and administrative expense ratio of PROPETRO SERVICES, INC. 401(K) PLAN is 0.18%.
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