Pantexas Deterrence, LLC 401(k) Review & Grade
PXD 401(k) Plan for Bargaining PXD Location Employees
Amarillo, TXAdministrative, Support & Staffing Services2,090 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$6,588Employer $ per active participant
$8,911Employee $ saved per active participant
0.15%Direct admin cost, % of plan assets
$361.2MNet plan assets, end of year
$162,213Average balance per account
Score breakdown
- Employer generosity48.9 / 5098th percentile for employer $ per participant
- Low cost15.9 / 2564th percentile for low admin cost vs. same-size plans
- Employee saving14.1 / 1594th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score89 / 100 · Grade A
This plan vs. peers
Peers: Administrative, Support & Staffing Services plans with 500–2,499 active participants (401 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 98th |
| Lower admin cost | 64th |
| Employee saving | 94th |
| Peers that auto-enroll | 27% |
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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
- Pantexas Deterrence put in about $6,588 per active participant, more than the typical peer ($712). 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 | $13,771,889 |
| Participant (employee) contributions | $18,627,647 |
| Other contributions (incl. rollovers in) | $1,389,863 |
| Administrative expenses paid from the plan | $502,159 |
| Benefits paid out | $31,227,077 |
| Net assets, start / end of year | $324.3M / $361.2M |
| Active participants, start / end of year | 2,118 / 2,063 |
| Participants with account balances | 2,227 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Pugh & Company, P.C. DBA Pugh Cpas |
Largest service providers (Schedule C)
| Voya Holdings, Inc. | $501,496 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014165432NAL0006873666003, received 2025-10-14, EIN 92-3671850, plan #012, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.