2023 Form 5500 filing — Baker Hughes Company 401(K) 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 20241014192136NAL0015461891005) for Baker Hughes Company 401(K) Plan, reported by Baker Hughes Holdings LLC under EIN 76-0207995 and plan number 002. It reports 23,673 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014192136NAL0015461891005
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Baker Hughes Holdings LLC
- EIN
- 76-0207995
- Plan number
- 002
- Location
- Houston, TX
- Participants
- 23,673
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $3,749,008,725
- Net assets (EOY)
- $3,749,008,725
- Employer contributions
- $138,335,322
- Participant contributions
- $128,815,302
- Total income / additions
- $856,352,633
- Benefits paid
- $374,138,653
- Administrative expenses
- $1,430,304
- Total expenses
- $375,568,957
- Net increase / (decrease)
- $480,783,676
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Great-West Life & Annuity Insurance | CONTRACT ADMIN | $815,469 | not reported in the loaded dataset |
| Mercer | ACTURAL | $298,807 | not reported in the loaded dataset |
| Northern Trust Company | TRTE-DIR | $202,731 | not reported in the loaded dataset |
| Fulbright & Jaworski | LEGAL | $169,880 | not reported in the loaded dataset |
| Weaver & Tidwell, Llp | AUDITOR | $60,199 | not reported in the loaded dataset |
| Qdro Consultants Co. LLC | CONSULTP | $9,300 | not reported in the loaded dataset |