Weatherford International, LLC 401(K) Savings Plan — Form 5500 plan (Weatherford International, 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, Weatherford International, LLC 401(K) Savings Plan is a benefit plan reported by Weatherford International, LLC under EIN 04-2515019 and plan number 002. The latest loaded filing year is 2023. The filing reports 6,279 participants and $522,230,541 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Weatherford International, LLC
EIN
04-2515019
Plan number
002
Plan type
2
Location
Houston, TX
Latest filing year
2023
Participants
6,279
End-of-year plan assets
$522,230,541

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20236,279H, C20241003132155NAL0017751184001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$522,230,541
Total liabilities (EOY)
$534,109
Net assets (EOY)
$521,696,432
Net assets (BOY)
$488,090,844

Income & contributions

Employer contributions
$10,902,003
Participant contributions
$20,881,498
Total contributions
$36,250,606
Total income / additions
$108,740,699

Expenses & distributions

Benefits paid
$74,539,669
Administrative expenses
$584,028
Total expenses
$75,135,111
Net increase / (decrease)
$33,605,588

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Merrill Lynch Pierce Fenner & SmithNONE$138,544$84,6552023
T Rowe Price Rps IncNONE$193,770$02023
Cook Street ConsultingNONE$37,817not reported in the loaded dataset2023
Melton & MeltonNONE$15,000not reported in the loaded dataset2023

Related Form 5500 pages