Patterson-UTI Energy, Inc.
59
Plan:
Patterson-UTI Energy, Inc. 401k Profit Sharing Plan
43
91
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 32 point difference between this plan's BrightScope Rating (59) and the top rated plan (91) could equate to:
[How is this calculated?]
[How is this calculated?]
18 additional years of work Up to $189,400 in lost retirement savings.The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.
Retirement Plan Description
Patterson-UTI Energy, Inc. 401k Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 59. This plan is in the top 35% of plans for Investment Menu Quality and Total Plan Cost. Patterson-UTI Energy, Inc. 401k Profit Sharing Plan currently has over 5,000 active participants and over $58.4M in plan assets.
Retirement Plan Details
| Address |
Po Drawer 1416
Snyder, TX 79550 |
| Industry | Mining, Quarrying, and Oil and Gas Extraction |
| Administrator | Greg Pipkin |
| Net Plan Assets | $58,400,000 |
| Total Participants | 5,100 |
| Avg Account Balance | $12,000 |
Compare Other Companies in Peer Group
| SandRidge Energy | 77.6 |
| J-W Operating Company | 66.8 |
| Rowan Companies | 65.8 |
| Oil States International | 65.3 |
| Alenco | 64.3 |
| Complete Production Services | 51.3 |
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