Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Patterson-Uti Energy, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Patterson-Uti Energy, Inc under EIN 75-2504748 and plan number 001. The latest loaded filing year is 2023. The filing reports 7,840 participants and $265,879,435 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $265,879,435
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $265,879,435
- Net assets (BOY)
- $200,684,619
Income & contributions
- Employer contributions
- $12,121,769
- Participant contributions
- $21,565,916
- Total contributions
- $37,592,851
- Total income / additions
- $78,663,211
Expenses & distributions
- Benefits paid
- $23,207,998
- Administrative expenses
- $393,592
- Total expenses
- $23,594,140
- Net increase / (decrease)
- $55,069,071