Major Drilling America, Inc. 401(k) Plan: Login, Facts & Contact Information
Major Drilling America, Inc. 401(k) Login
153 former Major Drilling America, Inc. employees still have money in this plan.
Retirement plan providers can change. This information is from the plan's 2024 filing.
Major Drilling America, Inc. 401(k) Plan Facts
Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Dec 18, 2025. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2024
- $4.29 million went into the plan in contributions, $1.20 million of it from the employer (28%).
- $3.62 million was paid out to participants.
- Investment and other income added $3.74 million.
- Administrative expenses were $86,869, about $152 per account.
How the Major Drilling America, Inc. 401(k) changed, 2019–2024
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2019 | 311 | $17.2 million | $688,646 | $1.19 million |
| 2020 | 411 | $19.8 million | $681,879 | $2.36 million |
| 2021 | 424 | $22.4 million | $809,511 | $3.24 million |
| 2022 | 661 | $21.6 million | $1.30 million | $1.55 million |
| 2023 | 672 | $27.5 million | $1.32 million | $3.14 million |
| 2024 | 1,059 | $31.6 million | $1.20 million | $3.62 million |
Major Drilling America, Inc. 401(k) Contact Information
Questions about the Major Drilling America, Inc. 401(k)
Does Major Drilling America, Inc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.20 million, 28% of all contributions.
Does the Major Drilling America, Inc 401(k) have automatic enrollment?
Yes. The plan reports automatic enrollment of eligible employees.
How many people are in the Major Drilling America, Inc 401(k) plan?
1,059 participants at the start of plan year 2024, 431 of them active employees, and 153 former employees who still had money in the plan.
What is the average 401(k) balance at Major Drilling America, Inc?
About $55,143 per account: $31.6 million in plan assets across 573 accounts with a balance at the end of plan year 2024.
Who manages the Major Drilling America, Inc 401(k) accounts?
Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at Major Drilling America, Inc. How do I access my 401(k)?
Your account stays with Principal after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.