Mcdermott Savings Plan — Form 5500 plan (Mcdermott Investments)
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, Mcdermott Savings Plan is a benefit plan reported by Mcdermott Investments under EIN 74-1032246 and plan number 004. The latest loaded filing year is 2023. The filing reports 9,368 participants and $1,309,132,293 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Mcdermott Investments
- EIN
- 74-1032246
- Plan number
- 004
- Plan type
- 2
- Location
- Houston, TX
- Latest filing year
- 2023
- Participants
- 9,368
- End-of-year plan assets
- $1,309,132,293
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 9,368 | H, C | 20241003175900NAL0010288273001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $1,309,132,293
- Total liabilities (EOY)
- $19
- Net assets (EOY)
- $1,309,132,274
- Net assets (BOY)
- $1,200,939,933
Income & contributions
- Employer contributions
- $18,796,587
- Participant contributions
- $20,942,429
- Total contributions
- $40,659,961
- Total income / additions
- $248,263,879
Expenses & distributions
- Benefits paid
- $139,967,132
- Administrative expenses
- -$16,386
- Total expenses
- $140,071,538
- Net increase / (decrease)
- $108,192,341
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Strategic Advisors, Inc. | ADVISOR | $185,001 | not reported in the loaded dataset | 2023 |
| Mercer Investment LLC | INVESTMENT ADVISOR | $93,830 | not reported in the loaded dataset | 2023 |
| Calvetti Ferguson, P.C. | ACCOUNTANT/AUDITOR | $28,000 | not reported in the loaded dataset | 2023 |
| Esler & Vanderschaaff Co., L.P.A. | ATTORNEY/LEGAL | $22,270 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | -$342,853 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Mcdermott Investments
- 2023 Form 5500 filing
- Form 5500 filings in TX
- 401(k) and benefit plan filings in Houston, TX
- Strategic Advisors, Inc. — Schedule C compensation
- Mercer Investment LLC — Schedule C compensation
- Calvetti Ferguson, P.C. — Schedule C compensation
- Esler & Vanderschaaff Co., L.P.A. — Schedule C compensation
- Fidelity Investments Institutional — Schedule C compensation