AFFILIATED THRIFT PLAN OF PURITY OILFIELD SERVICES, LLC

Overview

Plan Contact

  • Address: 2101 CEDAR SPRINGS ROAD, SUITE 650,DALLAS,TX
  • Contact person: SUSIE SKIDMORE
  • Phone: (214) 880-8447

Plan General Information


At the end of 2022, the total retirement plan assets of AFFILIATED THRIFT PLAN OF PURITY OILFIELD SERVICES, LLC is $5,350,666.This plan was established in 2013.

At the end of 2022, the total number of retirement plan participants in AFFILIATED THRIFT PLAN OF PURITY OILFIELD SERVICES, LLC is 377

In 2022, the average participant retirement account value for AFFILIATED THRIFT PLAN OF PURITY OILFIELD SERVICES, LLC is $14,192

In 2022, the estimated average employee contribution amount per participant for AFFILIATED THRIFT PLAN OF PURITY OILFIELD SERVICES, LLC is $2,601

In 2022, the estimated average employer match for an employee in AFFILIATED THRIFT PLAN OF PURITY OILFIELD SERVICES, LLC is approximately $1,756

In 2022, AFFILIATED THRIFT PLAN OF PURITY OILFIELD SERVICES, LLC allocates $662,076 to match its employees’ contributions, providing an employer match rate of 64.99% of their contributions

In 2022, the total retirement plan asset growth rate of AFFILIATED THRIFT PLAN OF PURITY OILFIELD SERVICES, LLC is -16.65%

In 2022, the estimated aggregate retirement account investment gain/loss for AFFILIATED THRIFT PLAN OF PURITY OILFIELD SERVICES, LLC is -18.02%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of AFFILIATED THRIFT PLAN OF PURITY OILFIELD SERVICES, LLC is 0.22%.

Enrollment Features

AFFILIATED THRIFT PLAN OF PURITY OILFIELD SERVICES, LLC has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.