Worldwide Oilfield Machine, Inc. 401(K) Plan — Form 5500 plan (Worldwide Oilfield Machine, Inc.)

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, Worldwide Oilfield Machine, Inc. 401(K) Plan is a benefit plan reported by Worldwide Oilfield Machine, Inc. under EIN 74-2108584 and plan number 001. The latest loaded filing year is 2023. The filing reports 409 participants and $17,848,864 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$17.8MPlan net assets, end of year$17,848,864
Participants409Covered participants reported
Assets / participant$43.6KComputed: assets ÷ participants$43,640 (computed)
Provider compensation$85.9K2 Schedule C provider row(s)$85,889
Plan sponsor
Worldwide Oilfield Machine, Inc.
EIN
74-2108584
Plan number
001
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.

  1. 2023
    409 participants · 2Sch HSch C
    View 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)$17.8M total assets
Net assets$17.8MLiabilities$0
Money in vs. money out
Total income / additions$4.1M
Total expenses$1.1M
Benefits paid / distributions$988.3K
Contributions
Employer$478.9K
Participant$1.3M
Full reported line items

Net assets

Total assets (EOY)
$17,848,864
Total liabilities (EOY)
$0
Net assets (EOY)
$17,848,864
Net assets (BOY)
$14,841,984

Income & contributions

Employer contributions
$478,882
Participant contributions
$1,291,590
Total contributions
$1,787,565
Total income / additions
$4,083,296

Expenses & distributions

Benefits paid
$988,281
Administrative expenses
$88,135
Total expenses
$1,076,416
Net increase / (decrease)
$3,006,880
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.

Contribution share (employer vs. participant)
Employer 27%Participant 73%
Total expenses ÷ net assets6%Computed ratio
Benefits paid ÷ total income24%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    ADVISOR · Direct $53.2K
  2. 2
    RECORDKEEPER · Direct $32.6K · Indirect $0

What to inspect next

Frequently asked questions

Who sponsors the Worldwide Oilfield Machine, Inc. 401(K) Plan?
Worldwide Oilfield Machine, Inc. 401(K) Plan is reported as sponsored by Worldwide Oilfield Machine, Inc. (EIN 74-2108584, plan number 001) in public Form 5500 filings.
What is the most recent Form 5500 filing year for Worldwide Oilfield Machine, Inc. 401(K) Plan?
The latest Form 5500 filing year loaded for Worldwide Oilfield Machine, Inc. 401(K) Plan is 2023.
How many participants does Worldwide Oilfield Machine, Inc. 401(K) Plan report?
Worldwide Oilfield Machine, Inc. 401(K) Plan reports 409 participants in its latest loaded Form 5500 filing.
What are the reported plan assets for Worldwide Oilfield Machine, Inc. 401(K) Plan?
Worldwide Oilfield Machine, Inc. 401(K) Plan reports $17,848,864 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