Abaco Drilling Technologies 401(k) match, vesting and fees

Plan year 2025 filingAbaco Drilling Technologies LLC 401(k) Plan · Plan 001 · EIN 27-2988638Updated Oct 2026

What Abaco Drilling Technologies' 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2025 filing reports $598K in employer contributions, about $3,117 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2025 Form 5500 ↗
$80,020
Average account balance
195
Participants (end of year)
$15.4M
Plan assets (end of year)
0.26%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperGallagher Benefit ServicesSchedule C ↗
Independent auditorRyan & Mann (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

How the plan compares

Plan year 2025 medians for 3,042 defined-contribution plans in manufacturing with 100 to 499 participants.

Abaco Drilling Technologies: employer contribution per participant$3,117
Peer median$1,962
Abaco Drilling Technologies: average balance$80,020
Peer median$75,225
Abaco Drilling Technologies: admin expenses ÷ assets0.26%
Peer median0.32%

Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.

Plan history

Plan assets went from $9.7M at the end of plan year 2021 to $15.4M at the end of plan year 2025.

$9.7M2021$8.9M2022$11.8M2023$12.4M2024$15.4M2025
End-of-year figures from each plan year's Form 5500 filing for the Abaco Drilling Technologies plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
2025195$15.4M$598K$3,1170.26%Not publishedForm 5500 ↗
2024187$12.4M$588K$3,1610.27%Not publishedForm 5500 ↗
2023199$11.8M$545K$2,7780.26%Not publishedForm 5500 ↗
2022186$8.9M$497K$2,6980.29%Not publishedForm 5500 ↗
2021171$9.7M$209K$1,2230.33%Not publishedForm 5500 ↗

Common questions

Does Abaco Drilling Technologies match 401(k) contributions?

The match terms for the Abaco Drilling Technologies LLC 401(k) Plan have not been published from its filing yet. The plan year 2025 filing reports $598K in employer contributions, about $3,117 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Abaco Drilling Technologies 401(k) match vested?

The vesting schedule for the Abaco Drilling Technologies LLC 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the Abaco Drilling Technologies 401(k)?

The recordkeeper listed on Schedule C of the plan year 2025 filing is Gallagher Benefit Services. The plan administrator is Abaco Drilling Technologies LLC.

I left Abaco Drilling Technologies. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Abaco Drilling Technologies LLC, (281) 869-0700) or the recordkeeper, Gallagher Benefit Services. The Abaco Drilling Technologies old 401(k) page lists the contacts from every plan filing. Find an old Abaco Drilling Technologies 401(k)

Data from the public Form 5500 annual reports Abaco Drilling Technologies filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Abaco Drilling Technologies. Not financial advice. Report a correction · Methodology