Baker Hughes Company 401(K) Plan — Form 5500 plan (Baker Hughes Holdings LLC)
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, Baker Hughes Company 401(K) Plan is a benefit plan reported by Baker Hughes Holdings LLC under EIN 76-0207995 and plan number 002. The latest loaded filing year is 2023. The filing reports 23,673 participants and $3,749,008,725 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Baker Hughes Holdings LLC
- EIN
- 76-0207995
- Plan number
- 002
- Plan type
- 2
- Location
- Houston, TX
- Latest filing year
- 2023
- Participants
- 23,673
- End-of-year plan assets
- $3,749,008,725
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 23,673 | H, C | 20241014192136NAL0015461891005 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $3,749,008,725
- Net assets (EOY)
- $3,749,008,725
- Net assets (BOY)
- $3,250,524,949
Income & contributions
- Employer contributions
- $138,335,322
- Participant contributions
- $128,815,302
- Total contributions
- $282,656,922
- Total income / additions
- $856,352,633
Expenses & distributions
- Benefits paid
- $374,138,653
- Administrative expenses
- $1,430,304
- Total expenses
- $375,568,957
- Net increase / (decrease)
- $480,783,676
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Great-West Life & Annuity Insurance | CONTRACT ADMIN | $815,469 | not reported in the loaded dataset | 2023 |
| Mercer | ACTURAL | $298,807 | not reported in the loaded dataset | 2023 |
| Northern Trust Company | TRTE-DIR | $202,731 | not reported in the loaded dataset | 2023 |
| Fulbright & Jaworski | LEGAL | $169,880 | not reported in the loaded dataset | 2023 |
| Weaver & Tidwell, Llp | AUDITOR | $60,199 | not reported in the loaded dataset | 2023 |
| Qdro Consultants Co. LLC | CONSULTP | $9,300 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Baker Hughes Holdings LLC
- 2023 Form 5500 filing
- Form 5500 filings in TX
- 401(k) and benefit plan filings in Houston, TX
- Great-West Life & Annuity Insurance — Schedule C compensation
- Mercer — Schedule C compensation
- Northern Trust Company — Schedule C compensation
- Fulbright & Jaworski — Schedule C compensation
- Weaver & Tidwell, Llp — Schedule C compensation
- Qdro Consultants Co. LLC — Schedule C compensation