Baywater Drilling 401(k) match, vesting and fees
What Baywater Drilling's 401(k) plan says about matching contributions
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.
| Recordkeeper | T Rowe Price Rps Inc | Schedule C ↗ |
| Independent auditor | Harper & Pearson Company, P.C. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2023 medians for 77 defined-contribution plans in mining, quarrying, and oil and gas extraction with 500 to 999 participants.
| Baywater Drilling: employer contribution per participant | $864 | |
| Peer median | $3,040 |
| Baywater Drilling: average balance | $16,969 | |
| Peer median | $66,687 |
| Baywater Drilling: admin expenses ÷ assets | 0.40% | |
| Peer median | 0.19% |
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 $9.5M at the end of plan year 2021 to $9.4M at the end of plan year 2023.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2023 | 679 | $9.4M | $479K | $864 | 0.40% | Not published | Form 5500 ↗ |
| 2022 | 631 | $8.8M | $922K | $1,721 | 0.32% | Not published | Form 5500 ↗ |
| 2021 | 523 | $9.5M | $411K | $908 | 0.46% | Not published | Form 5500 ↗ |
Common questions
Does Baywater Drilling match 401(k) contributions?
The match terms for the Baywater Drilling, LLC 401(k) Savings Plan have not been published from its filing yet. The plan year 2023 filing reports $479K in employer contributions, about $864 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Baywater Drilling 401(k) match vested?
The vesting schedule for the Baywater Drilling, LLC 401(k) Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Baywater Drilling 401(k)?
The recordkeeper listed on Schedule C of the plan year 2023 filing is T Rowe Price Rps Inc. The plan administrator is Baywater Drilling, LLC.
I left Baywater Drilling. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Baywater Drilling, LLC, (985) 850-3400) or the recordkeeper, T Rowe Price Rps Inc. The Baywater Drilling old 401(k) page lists the contacts from every plan filing. Find an old Baywater Drilling 401(k)
Data from the public Form 5500 annual reports Baywater Drilling filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023) 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 Baywater Drilling. Not financial advice. Report a correction · Methodology