Precision Drilling (us) Corporation 401(k) Plan: Login, Facts & Contact Information

Precision Drilling (us) Corporation 401(k) Plan Facts

Plan name
PRECISION DRILLING (US) CORPORATION 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
PRECISION DRILLING (US) CORPORATION
Participants
1,925 (1,290 active employees)
Former employees with a balance
338
Plan assets
$86,140,161 at Dec 31, 2024
Average account balance
$75,495 across 1,141 accounts
Employer contributions
$4,127,892 in plan year 2024 (39% of all contributions)
Recordkeeper
Empower Annuity Insurance Company O
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Aug 1, 1990
✓ 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 9, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $10.6 million went into the plan in contributions, $4.13 million of it from the employer (39%).
  • $10.7 million was paid out to participants.
  • Investment and other income added $10.8 million.
  • Administrative expenses were $169,775, about $149 per account.

How the Precision Drilling (us) Corporation 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20192,931$76.7 million$4.45 million$10.9 million
20202,031$66.1 million$1.95 million$25.1 million
20211,511$71.5 million$1.53 million$8.50 million
20221,800$62.5 million$3.52 million$6.41 million
20232,241$75.6 million$4.14 million$7.89 million
20241,925$86.1 million$4.13 million$10.7 million

Precision Drilling (us) Corporation 401(k) Contact Information

Phone
713-435-6100
Mailing address
10350 RICHMOND AVENUE SUITE 700, HOUSTON TX 77042
Plan sponsor
PRECISION DRILLING (US) CORPORATION
Employer identification number (EIN)
26-3638348
Plan number
002

Questions about the Precision Drilling (us) Corporation 401(k)

Does Precision Drilling (us) Corporation contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $4.13 million, 39% of all contributions.

Does the Precision Drilling (us) Corporation 401(k) have automatic enrollment?

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

How many people are in the Precision Drilling (us) Corporation 401(k) plan?

1,925 participants at the start of plan year 2024, 1,290 of them active employees, and 338 former employees who still had money in the plan.

What is the average 401(k) balance at Precision Drilling (us) Corporation?

About $75,495 per account: $86.1 million in plan assets across 1,141 accounts with a balance at the end of plan year 2024.

Who manages the Precision Drilling (us) Corporation 401(k) accounts?

Empower (listed on the filing as EMPOWER ANNUITY INSURANCE COMPANY O) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Precision Drilling (us) Corporation. How do I access my 401(k)?

Your account stays with Empower 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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