RANGER ENERGY SERVICES 401(K) PLAN

At the end of 2022, the total retirement plan assets of RANGER ENERGY SERVICES 401(K) PLAN is $38,752,372.This plan was established in 2016.

At the end of 2022, the total number of retirement plan participants in RANGER ENERGY SERVICES 401(K) PLAN is 2574

In 2022, the average participant retirement account value for RANGER ENERGY SERVICES 401(K) PLAN is $15,055

In 2022, the estimated average employee contribution amount per participant for RANGER ENERGY SERVICES 401(K) PLAN is $5,257

In 2022, the estimated average employer match for an employee in RANGER ENERGY SERVICES 401(K) PLAN is approximately $2,553

In 2022, RANGER ENERGY SERVICES 401(K) PLAN allocates $6,572,739 to match its employees’ contributions, providing an employer match rate of 60.37% of their contributions

In 2022, the total retirement plan asset growth rate of RANGER ENERGY SERVICES 401(K) PLAN is 28.77%

In 2022, the estimated aggregate retirement account investment gain/loss for RANGER ENERGY SERVICES 401(K) PLAN is -15.62%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of RANGER ENERGY SERVICES 401(K) PLAN is 0.73%.

Enrollment Features

RANGER ENERGY SERVICES 401(K) PLAN 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.