Baker Hughes Company Pension 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 Pension Plan is a benefit plan reported by Baker Hughes Holdings LLC under EIN 76-0207995 and plan number 050. The latest loaded filing year is 2023. The filing reports 22,832 participants and $539,868,048 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
- 050
- Plan type
- 2
- Location
- Houston, TX
- Latest filing year
- 2023
- Participants
- 22,832
- End-of-year plan assets
- $539,868,048
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 22,832 | H, C | 20241014213250NAL0028318177004 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $539,868,048
- Net assets (EOY)
- $539,868,048
- Net assets (BOY)
- $512,798,193
Income & contributions
- Employer contributions
- $5,300,000
- Total contributions
- $5,300,000
- Total income / additions
- $67,869,148
Expenses & distributions
- Benefits paid
- $36,220,205
- Administrative expenses
- $4,579,088
- Total expenses
- $40,799,293
- Net increase / (decrease)
- $27,069,855
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Willis Towers Watson Us LLC | NONE | $1,276,539 | not reported in the loaded dataset | 2023 |
| Mercer | NONE | $393,471 | not reported in the loaded dataset | 2023 |
| Northern Trust Company | NONE | $94,489 | not reported in the loaded dataset | 2023 |
| Blackrock | NONE | $63,678 | not reported in the loaded dataset | 2023 |
| Weaver And Tidwell, Llp | not reported in the loaded dataset | $42,277 | not reported in the loaded dataset | 2023 |
| Fulbright & Jaworski | NONE | $20,600 | 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
- Willis Towers Watson Us LLC — Schedule C compensation
- Mercer — Schedule C compensation
- Northern Trust Company — Schedule C compensation
- Blackrock — Schedule C compensation
- Weaver And Tidwell, Llp — Schedule C compensation
- Fulbright & Jaworski — Schedule C compensation