2023 Form 5500 filing — Transocean U.S. Savings Plan

Plain-English filing summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240711153833NAL0033572066001) for Transocean U.S. Savings Plan, reported by Transocean Inc. under EIN 66-0582307 and plan number 002. It reports 4,512 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$746.7MReported net assets$746,691,731
Participants4.5K4,512
Provider compensation$356.9K3 Schedule C row(s)$356,927
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240711153833NAL0033572066001
Plan sponsor
Transocean Inc.
EIN
66-0582307
Plan number
002
Location
not reported in the loaded dataset
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$746.7M total assets
Net assets$746.7MLiabilities$49
Money in vs. money out
Total income / additions$176.2M
Total expenses$56.7M
Benefits paid / distributions$56.3M
Contributions
Employer$29.4M
Participant$23.9M
Full reported line items
Total assets (EOY)
$746,691,780
Total liabilities (EOY)
$49
Net assets (EOY)
$746,691,731
Employer contributions
$29,365,716
Participant contributions
$23,889,277
Total income / additions
$176,160,213
Benefits paid
$56,295,663
Administrative expenses
$355,638
Total expenses
$56,669,827
Net increase / (decrease)
$119,490,386

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Fidelity Investments InstitutionalRECORDKEEPER$227,970$0
Strategic Advisors, Inc.ADVISOR$102,182not reported in the loaded dataset
Aon Investments Usa Inc.CONSULTANT$26,775not reported in the loaded dataset

Related Form 5500 pages