2023 Form 5500 filing — Nabors Industries, Inc. Retirement Savings Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241009101608NAL0019001249001) for Nabors Industries, Inc. Retirement Savings Plan, reported by Nabors Industries, Inc. under EIN 93-0711613 and plan number 001. It reports 6,677 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241009101608NAL0019001249001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Nabors Industries, Inc.
- EIN
- 93-0711613
- Plan number
- 001
- Location
- Houston, TX
- Participants
- 6,677
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $336,137,717
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $336,137,717
- Employer contributions
- $12,476,600
- Participant contributions
- $19,223,214
- Total income / additions
- $82,935,901
- Benefits paid
- $28,575,638
- Administrative expenses
- $83,506
- Total expenses
- $28,742,344
- Net increase / (decrease)
- $54,193,557
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Merrill Lynch, Pierce, Fenner And S | RECORDKEEPER | $65,668 | $0 |
| Doeren Mayhew & Co. P.C | ACCOUNTANT | $17,000 | not reported in the loaded dataset |