Schlumberger Group Welfare Benefits Plan — Form 5500 plan (Schlumberger Technology Corporation)
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, Schlumberger Group Welfare Benefits Plan is a benefit plan reported by Schlumberger Technology Corporation under EIN 22-1692661 and plan number 502. The latest loaded filing year is 2023. The filing reports 19,934 participants and $798,154,630 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Schlumberger Technology Corporation
- EIN
- 22-1692661
- Plan number
- 502
- Plan type
- 2
- Location
- Houston, TX
- Latest filing year
- 2023
- Participants
- 19,934
- End-of-year plan assets
- $798,154,630
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 19,934 | H, C | 20241015163608NAL0029126145001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $798,154,630
- Total liabilities (EOY)
- $77,728,930
- Net assets (EOY)
- $720,425,700
- Net assets (BOY)
- $696,873,935
Income & contributions
- Employer contributions
- $242,890,535
- Participant contributions
- $62,157,958
- Total contributions
- $305,048,493
- Total income / additions
- $388,659,612
Expenses & distributions
- Benefits paid
- $348,658,417
- Administrative expenses
- $16,712,367
- Total expenses
- $365,370,784
- Net increase / (decrease)
- $23,288,828
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Alight Solutions LLC | NONE | $22,384,347 | not reported in the loaded dataset | 2023 |
| Cigna Healthcare | NONE | $6,652,692 | $0 | 2023 |
| Nisa Investment Advisors L.L.C. | NONE | $688,961 | not reported in the loaded dataset | 2023 |
| Care Operative LLC | NONE | $307,064 | not reported in the loaded dataset | 2023 |
| Sibson Consulting | NONE | $273,600 | not reported in the loaded dataset | 2023 |
| Willis Towers Watson | NONE | $183,865 | not reported in the loaded dataset | 2023 |
| Northern Trust Company | NONE | $96,569 | $0 | 2023 |
| Bdo Usa, P.C. | NONE | $60,681 | not reported in the loaded dataset | 2023 |
| Ernst & Young Us Llp | NONE | $60,321 | not reported in the loaded dataset | 2023 |
| Mercer | NONE | $41,663 | not reported in the loaded dataset | 2023 |
| Health Efx | NONE | $38,970 | not reported in the loaded dataset | 2023 |
| Principal | NONE | $24,250 | not reported in the loaded dataset | 2023 |
| Schiele Graphics | NONE | $23,718 | not reported in the loaded dataset | 2023 |
| Specialties Finishing Group | NONE | $8,687 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Schlumberger Technology Corporation
- 2023 Form 5500 filing
- Form 5500 filings in TX
- 401(k) and benefit plan filings in Houston, TX
- Alight Solutions LLC — Schedule C compensation
- Cigna Healthcare — Schedule C compensation
- Nisa Investment Advisors L.L.C. — Schedule C compensation
- Care Operative LLC — Schedule C compensation
- Sibson Consulting — Schedule C compensation
- Willis Towers Watson — Schedule C compensation
- Northern Trust Company — Schedule C compensation
- Bdo Usa, P.C. — Schedule C compensation
- Ernst & Young Us Llp — Schedule C compensation
- Mercer — Schedule C compensation
- Health Efx — Schedule C compensation
- Principal — Schedule C compensation
- Schiele Graphics — Schedule C compensation
- Specialties Finishing Group — Schedule C compensation