Noble Services Company LLC 401(k) Review & Grade
Noble Services Company LLC 401(k) and Profit Sharing Plan
Sugar Land, TXMining, Oil & Gas1,368 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$6,667Employer $ per active participant
$10,000Employee $ saved per active participant
0.07%Direct admin cost, % of plan assets
$344.2MNet plan assets, end of year
$160,544Average balance per account
Score breakdown
- Employer generosity34.4 / 5069th percentile for employer $ per participant
- Low cost20.4 / 2582th percentile for low admin cost vs. same-size plans
- Employee saving12.0 / 1580th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score74 / 100 · Grade B
This plan vs. peers
Peers: Mining, Oil & Gas plans with 500–2,499 active participants (129 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 69th |
| Lower admin cost | 82th |
| Employee saving | 80th |
| Peers that auto-enroll | 60% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Corrective distributions: the plan refunded $1,327 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Noble Services Company put in about $6,667 per active participant, more than the typical peer ($4,357). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $9,124,122 |
| Participant (employee) contributions | $13,684,893 |
| Other contributions (incl. rollovers in) | $1,424,632 |
| Administrative expenses paid from the plan | $222,110 |
| Contract administrator fees | $4,200 |
| Investment advisory & management fees | $71,219 |
| Benefits paid out | $38,385,113 |
| Net assets, start / end of year | $295.2M / $344.2M |
| Active participants, start / end of year | 1,438 / 1,299 |
| Participants with account balances | 2,144 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Weaver and Tidwell L.L.P. |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $151,540 reported compensation |
| Captrust | $71,219 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014085959NAL0001145283001, received 2025-10-14, EIN 85-3318770, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.