2023 Form 5500 filing — Parker Wellbore 401(K) Retirement 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 20241009150125NAL0010753571001) for Parker Wellbore 401(K) Retirement Savings Plan, reported by Parker Drilling Company under EIN 73-0618660 and plan number 002. It reports 1,218 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)$85.5MReported net assets$85,544,086
Participants1.2K1,218
Provider compensation$74.1K2 Schedule C row(s)$74,075
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241009150125NAL0010753571001
Plan sponsor
Parker Drilling Company
EIN
73-0618660
Plan number
002
Location
Houston, TX
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
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)$85.5M total assets
Net assets$85.5MLiabilities$0
Money in vs. money out
Total income / additions$23.8M
Total expenses$10.6M
Benefits paid / distributions$10.5M
Contributions
Employer$3.6M
Participant$5.6M
Full reported line items
Total assets (EOY)
$85,544,086
Total liabilities (EOY)
$0
Net assets (EOY)
$85,544,086
Employer contributions
$3,633,552
Participant contributions
$5,607,481
Total income / additions
$23,839,552
Benefits paid
$10,466,730
Administrative expenses
$84,356
Total expenses
$10,585,360
Net increase / (decrease)
$13,254,192
Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

  1. 1
    NONE · Direct $73.8K · Indirect $0
  2. 2
    NONE · Direct $300

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241009150125NAL0010753571001 cover?
It is the 2023 Form 5500 filing for Parker Wellbore 401(K) Retirement Savings Plan, reported by Parker Drilling Company (EIN 73-0618660).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Related Form 5500 pages