Schlumberger Group Welfare Benefits Plan — Form 5500 plan (Schlumberger Technology Corporation)
Plain-English plan 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, Schlumberger Group Welfare Benefits Plan is a benefit plan reported by Schlumberger Technology Corporation under EIN 22-1692661 and plan number 502. The latest loaded filing year is 2023. The filing reports 19,934 participants and $798,154,630 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$720.4MPlan net assets, end of year$720,425,700
Participants19.9KCovered participants reported19,934
Assets / participant$40KComputed: assets ÷ participants$40,040 (computed)
Provider compensation$30.8M14 Schedule C provider row(s)$30,845,388
- Plan sponsor
- Schlumberger Technology Corporation
- EIN
- 22-1692661
- Plan number
- 502
- Plan type
- 2
- Location
- Houston, TX
- Latest filing year
- 2023
How to read this plan profile
- Net assets = total assets minus total liabilities, end of year (Schedule H/I).
- Assets / participant is computed (assets ÷ reported participants) — a ratio, not a filed figure.
- Schedule chips (Sch H / I / C) show which schedules each filing includes.
- Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
- Figures are reported as filed, in whole dollars; verify against the official DOL/EBSA record before relying on them.
EFAST2 filings
Form 5500 filing history
Each loaded annual filing for this plan. Open one for its full reported snapshot.
- 2023Sch HSch CView filing →
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$798.2M total assets
Net assets$720.4MLiabilities$77.7M
Full reported line items
Net assets
- Total assets (EOY)
- $798,154,630
- Total liabilities (EOY)
- $77,728,930
- Net assets (EOY)
- $720,425,700
- Net assets (BOY)
- $696,873,935
Income & contributions
- Employer contributions
- $242,890,535
- Participant contributions
- $62,157,958
- Total contributions
- $305,048,493
- Total income / additions
- $388,659,612
Expenses & distributions
- Benefits paid
- $348,658,417
- Administrative expenses
- $16,712,367
- Total expenses
- $365,370,784
- Net increase / (decrease)
- $23,288,828
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
80%20%
Employer 80%Participant 20%
Total expenses ÷ net assets51%Computed ratio
Benefits paid ÷ total income90%Computed ratio
Provider comp. ÷ net assets4%Computed ratio
Schedule C
Service provider compensation
Reported direct + indirect compensation per provider, ranked. Bars show relative scale.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
Frequently asked questions
- Who sponsors the Schlumberger Group Welfare Benefits Plan?
- Schlumberger Group Welfare Benefits Plan is reported as sponsored by Schlumberger Technology Corporation (EIN 22-1692661, plan number 502) in public Form 5500 filings.
- What is the most recent Form 5500 filing year for Schlumberger Group Welfare Benefits Plan?
- The latest Form 5500 filing year loaded for Schlumberger Group Welfare Benefits Plan is 2023.
- How many participants does Schlumberger Group Welfare Benefits Plan report?
- Schlumberger Group Welfare Benefits Plan reports 19,934 participants in its latest loaded Form 5500 filing.
- What are the reported plan assets for Schlumberger Group Welfare Benefits Plan?
- Schlumberger Group Welfare Benefits Plan reports $798,154,630 in end-of-year plan assets in its latest loaded Form 5500 filing.
Form 5500 terms, in plain English
- Form 5500
- The annual report most U.S. employee benefit plans file with the Department of Labor through the EFAST2 system. It documents the plan sponsor, participants, finances, and service-provider compensation.
- Schedule H
- The financial statement for larger plans (generally 100+ participants): assets, liabilities, net assets, income, expenses, and the net change.
- Schedule I
- The condensed financial statement for smaller plans, covering the same kinds of figures in less detail.
- Schedule C
- Reports compensation paid to the plan’s service providers — both direct and indirect.
- Net assets
- Total assets minus total liabilities at the end of the year — what the plan holds for participants.
- Employer / participant contributions
- Money contributed to the plan by the employer and by participants during the year.
Figures are reported as filed and may contain errors or omissions. Verify against the official DOL/EBSA record before relying on any value.
Related Form 5500 pages
- All Form 5500 plans for Schlumberger Technology Corporation
- 2023 Form 5500 filing
- Form 5500 filings in TX
- 401(k) and benefit plan filings in Houston, TX
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