Tenaris 401(K) Savings Plan — Form 5500 plan (Maverick Tube 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, Tenaris 401(K) Savings Plan is a benefit plan reported by Maverick Tube Corporation under EIN 43-1455766 and plan number 008. The latest loaded filing year is 2023. The filing reports 4,635 participants and $301,143,386 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Maverick Tube Corporation
EIN
43-1455766
Plan number
008
Plan type
3
Location
Houston, TX
Latest filing year
2023
Participants
4,635
End-of-year plan assets
$301,143,386

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20234,635H, C20241003142031NAL0010658353008

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$301,143,386
Total liabilities (EOY)
$17,925
Net assets (EOY)
$301,125,461
Net assets (BOY)
$228,835,310

Income & contributions

Employer contributions
$23,955,361
Participant contributions
$27,875,789
Total contributions
$52,876,440
Total income / additions
$90,147,976

Expenses & distributions

Benefits paid
$16,943,958
Administrative expenses
$898,929
Total expenses
$17,856,354
Net increase / (decrease)
$72,291,622

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Schwab Retirement Plan Services,IncNONE$833,786not reported in the loaded dataset2023
Mercer Investment ConsultingNONE$39,106not reported in the loaded dataset2023
Forvis, LlpNONE$25,725not reported in the loaded dataset2023
Charles Schwab & Co.,Inc.NONE$1,534$02023

Related Form 5500 pages