Liberty Energy Services LLC 401(k) Review & Grade
Liberty Energy Services 401(k) Savings Plan
Denver, COMining, Oil & Gas5,066 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$6,949Employer $ per active participant
$8,254Employee $ saved per active participant
0.13%Direct admin cost, % of plan assets
$341.5MNet plan assets, end of year
$59,518Average balance per account
Score breakdown
- Employer generosity44.4 / 5089th percentile for employer $ per participant
- Low cost12.2 / 2549th percentile for low admin cost vs. same-size plans
- Employee saving11.3 / 1575th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score78 / 100 · Grade A
This plan vs. peers
Peers: all industries, plans with 2,500–9,999 active participants (fewer than 30 industry peers) (2,386 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 89th |
| Lower admin cost | 49th |
| Employee saving | 75th |
| Peers that auto-enroll | 52% |
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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
- Liberty Energy Services put in about $6,949 per active participant, more than the typical peer ($2,062). 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 | $35,205,867 |
| Participant (employee) contributions | $41,820,082 |
| Other contributions (incl. rollovers in) | $6,771,659 |
| Administrative expenses paid from the plan | $371,083 |
| Contract administrator fees | $371,083 |
| Benefits paid out | $26,285,343 |
| Net assets, start / end of year | $245.2M / $341.5M |
| Active participants, start / end of year | 4,972 / 5,161 |
| Participants with account balances | 5,738 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Deloitte & Touche LLP |
| Employer stock held by plan | $2,138,323 |
Largest service providers (Schedule C)
| Principal Life Insurance Company | $371,083 reported compensation |
| Morningstar Investment Management L | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250630160338NAL0011379649001, received 2025-06-30, EIN 45-3073116, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.