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Defined Contribution Plans
12 Months Ended
Dec. 31, 2024
Retirement Benefits [Abstract]  
Defined Contribution Plans Defined Contribution Plans
Background
The Company sponsors a defined contribution plan, the Nine Energy Service 401(k) Plan (the “Nine Plan”), under Section 401(k) of the Internal Revenue Code of 1986, as amended, for all qualified employees.
For the years ended December 31, 2024 and 2023, employee contributions were matched by the Company at 100% of the first 3% and 50% of the remaining up to 5% of the participant’s eligible compensation.
Contributions
For the years ended December 31, 2024 and 2023, the Company made employer contributions of $2.1 million and $2.0 million, respectively, under the Nine Plan.