Robindale Energy Services, Inc. 401(k) Review & Grade
Robindale Energy Services 401(k) Plan
Latrobe, PAMining, Oil & Gas856 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$5,540Employer $ per active participant
$6,795Employee $ saved per active participant
0.36%Direct admin cost, % of plan assets
$70.6MNet plan assets, end of year
$69,805Average balance per account
Score breakdown
- Employer generosity30.1 / 5060th percentile for employer $ per participant
- Low cost8.5 / 2534th percentile for low admin cost vs. same-size plans
- Employee saving6.7 / 1545th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score55 / 100 · Grade C
This plan vs. peers
Peers: Mining, Oil & Gas plans with 500–2,499 active participants (129 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 60th |
| Lower admin cost | 34th |
| Employee saving | 45th |
| Peers that auto-enroll | 60% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
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
- Robindale Energy Services put in about $5,540 per active participant, more than the typical peer ($4,357). 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.
- Direct plan expenses (0.36% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- 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 | $4,739,485 |
| Participant (employee) contributions | $5,812,697 |
| Other contributions (incl. rollovers in) | $409,944 |
| Administrative expenses paid from the plan | $231,584 |
| Contract administrator fees | $166,346 |
| Investment advisory & management fees | $65,238 |
| Benefits paid out | $4,866,412 |
| Net assets, start / end of year | $57.4M / $70.6M |
| Active participants, start / end of year | 836 / 875 |
| Participants with account balances | 1,011 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Schneider Downs & Co., Inc. |
Largest service providers (Schedule C)
| Stancorp Financial Group | $166,347 reported compensation |
| First National Trust Company | $65,238 reported compensation |
| Charles Schwab Trust Bank | $22,782 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251007144412NAL0002553411001, received 2025-10-07, EIN 25-1872667, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.