Department of Labor filing

KLX ENERGY SERVICES HOLDINGS, INC

KLX ENERGY SERVICES 401(K) PLAN · For the plan year ended Dec 31, 2023

Spot something wrong?

Public filing 2023 · received Sep 4, 2024Verified current terms Not available

Plan at a glance

How good does the filing look?

48filing comparison
out of 100

The filing looks broadly typical among comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support

$1,836

Reported employer contributions per active participant.

Higher than about 55% of comparable plans

#People in the filing

1,860

Active participants reported for 2023.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$107 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 30% of comparable plans

↗Investment performance

Not available

Plan assets changed 46.1%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202348out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions55th percentileTypical peer $1,836 · based on 20 comparable plans

Lower reported administrative expense30th percentileTypical peer $59 · based on 20 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2023, KLX ENERGY SERVICES HOLDINGS, INC reported $3,415,886 in employer contributions across the plan and 1,860 active participants. That works out to $1,836 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy74%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 0.0%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 0.0%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context48/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $3,415,886
Participant contributions: $10,029,115
Other contributions: $344,046
Employer share of reported contributions: 25.4%
Beginning assets: $57,457,882
Ending assets: $83,920,610
Ending net assets: $83,920,610
Ending liabilities: $0
Total income: $25,080,706
Total expenses: $9,822,050
Administrative expenses: $295,547
Participant loans: $2,279,896

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2023

$1,836

Plan-paid administrative expenses per participant

2023

$107

Active participants

2023

1,860

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2023	$1,836	1,860	83.9M	20240904212829NAL0020294657001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 2.7%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 364904146-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Aug 1, 2004
Industry: Mining, quarrying, and oil and gas
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2G2J2K2S2T3D

Current plan terms

Help fill the gap the filing leaves.

If you have a current SPD, fee disclosure, or enrollment guide, you can share it with us. We check the source and date before adding anything to the profile.

Share a document →

Filing ACK_ID20240904212829NAL0020294657001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗