Pantexas Deterrence, LLC 401(k) Review & Grade
PXD 401(k) Plan for Non-Bargaining PXD Location Employees
Amarillo, TXAdministrative, Support & Staffing Services2,510 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$7,576Employer $ per active participant
$11,024Employee $ saved per active participant
0.08%Direct admin cost, % of plan assets
$625.4MNet plan assets, end of year
$211,365Average balance per account
Score breakdown
- Employer generosity50.0 / 50100th percentile for employer $ per participant
- Low cost16.1 / 2564th percentile for low admin cost vs. same-size plans
- Employee saving14.8 / 1598th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score91 / 100 · Grade A
This plan vs. peers
Peers: Administrative, Support & Staffing Services plans with 2,500–9,999 active participants (125 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 100th |
| Lower admin cost | 64th |
| Employee saving | 98th |
| Peers that auto-enroll | 22% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Pantexas Deterrence put in about $7,576 per active participant, more than the typical peer ($342). 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 | $19,015,801 |
| Participant (employee) contributions | $27,669,387 |
| Other contributions (incl. rollovers in) | $2,632,986 |
| Administrative expenses paid from the plan | $467,848 |
| Benefits paid out | $52,181,048 |
| Net assets, start / end of year | $545.1M / $625.4M |
| Active participants, start / end of year | 2,438 / 2,582 |
| Participants with account balances | 2,959 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Pugh & Company, P.C. DBA Pugh Cpas |
Largest service providers (Schedule C)
| Voya Holdings Inc. | $467,179 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014165432NAL0006873666004, received 2025-10-14, EIN 92-3671850, plan #013, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.