Department of Labor filing

UNIT CORPORATION

UNIT CORPORATION EMPLOYEES' THRIFT PLAN · For the plan year ended Dec 31, 2024

Public filing 2024 · received Oct 15, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

37filing comparison
out of 100

The filing trails many comparable plans on reported employer support and/or plan-paid administrative costs. This is a filing comparison, not a complete benefits score.

$Employer support

$1,803

Reported employer contributions per active participant.

Higher than about 10% of comparable plans

#People in the filing

645

Active participants reported for 2024.

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

¢Visible plan-paid fees

$1 / participant

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

Lower cost than about 100% of comparable plans

↗Investment performance

Not available

Plan assets changed -1.6%, 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 · 202437out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions10th percentileTypical peer $6,958 · based on 48 comparable plans

Lower reported administrative expense100th percentileTypical peer $86 · based on 48 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, 2024, UNIT CORPORATION reported $1,163,140 in employer contributions across the plan and 645 active participants. That works out to $1,803 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 proxy58%

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 trendDown 31.6%

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

Expense trendDown 94.8%

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

Peer context37/100

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: $1,163,140
Participant contributions: $2,126,370
Other contributions: $15,294
Employer share of reported contributions: 35.4%
Beginning assets: $57,090,900
Ending assets: $56,177,067
Ending net assets: $56,177,067
Ending liabilities: $0
Total income: $9,955,882
Total expenses: $10,869,715
Administrative expenses: $800
Participant loans: $0

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

2022

$2,636

2023

$2,251

2024

$1,803

Plan-paid administrative expenses per participant

2022

$16

2023

2024

Active participants

2022

700

2023

492

2024

645

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$1,803	645	56.2M	20251015102956NAL0005960608001
2023	$2,251	492	57.1M	20241010111926NAL0020884801001
2022	$2,636	700	60.5M	20231013155954NAL0068353074001

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: 0.0%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 731283193-002

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Aug 1, 1985
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
2H2F2J2K2T3I2E3D

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

Provider	Plan year	Direct compensation	Indirect compensation
FIDELITY INVESTMENTS INSTITUTIONAL	2024	Not reported	unknown

Current plan terms

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Filing ACK_ID20251015102956NAL0005960608001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗