2023 Form 5500 filing — Mcdermott 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 20241003175900NAL0010288273001) for Mcdermott Savings Plan, reported by Mcdermott Investments under EIN 74-1032246 and plan number 004. It reports 9,368 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241003175900NAL0010288273001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Mcdermott Investments
- EIN
- 74-1032246
- Plan number
- 004
- Location
- Houston, TX
- Participants
- 9,368
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $1,309,132,293
- Total liabilities (EOY)
- $19
- Net assets (EOY)
- $1,309,132,274
- Employer contributions
- $18,796,587
- Participant contributions
- $20,942,429
- Total income / additions
- $248,263,879
- Benefits paid
- $139,967,132
- Administrative expenses
- -$16,386
- Total expenses
- $140,071,538
- Net increase / (decrease)
- $108,192,341
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Strategic Advisors, Inc. | ADVISOR | $185,001 | not reported in the loaded dataset |
| Mercer Investment LLC | INVESTMENT ADVISOR | $93,830 | not reported in the loaded dataset |
| Calvetti Ferguson, P.C. | ACCOUNTANT/AUDITOR | $28,000 | not reported in the loaded dataset |
| Esler & Vanderschaaff Co., L.P.A. | ATTORNEY/LEGAL | $22,270 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | -$342,853 | $0 |