Patterson-uti Energy, Inc. 401(k) Plan: Login, Facts & Contact Information

Patterson-uti Energy, Inc. 401(k) Plan Facts

Plan name
PATTERSON-UTI ENERGY, INC. 401(K) PROFIT SHARING PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
PATTERSON-UTI ENERGY, INC
Participants
7,077 (8,297 active employees)
Former employees with a balance
3,108
Plan assets
$612,996,933 at Dec 31, 2024
Average account balance
$63,313 across 9,682 accounts
Employer contributions
$11,316,862 in plan year 2024 (34% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1992
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 15, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $33.4 million went into the plan in contributions, $11.3 million of it from the employer (34%).
  • $31.2 million was paid out to participants.
  • Investment and other income added $33.1 million.
  • Administrative expenses were $392,198, about $41 per account.

How the Patterson-uti Energy, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20199,725$247.2 million$13.5 million$43.3 million
20207,251$208.8 million$7.79 million$87.6 million
20214,760$240.3 million$8.25 million$32.0 million
20227,144$200.7 million$11.2 million$23.8 million
20237,840$265.9 million$12.1 million$23.2 million
20247,077$613.0 million$11.3 million$31.2 million

Patterson-uti Energy, Inc. 401(k) Contact Information

Phone
325-574-6300
Mailing address
PO DRAWER 1416, SNYDER TX 79550
Plan sponsor
PATTERSON-UTI ENERGY, INC
Employer identification number (EIN)
75-2504748
Plan number
001

Questions about the Patterson-uti Energy, Inc. 401(k)

Does Patterson-uti Energy, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $11.3 million, 34% of all contributions.

Does the Patterson-uti Energy, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Patterson-uti Energy, Inc 401(k) plan?

7,077 participants at the start of plan year 2024, 8,297 of them active employees, and 3,108 former employees who still had money in the plan.

What is the average 401(k) balance at Patterson-uti Energy, Inc?

About $63,313 per account: $613.0 million in plan assets across 9,682 accounts with a balance at the end of plan year 2024.

Who manages the Patterson-uti Energy, Inc 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Patterson-uti Energy, Inc. How do I access my 401(k)?

Your account stays with Fidelity NetBenefits 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.

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