Saipem America, Inc. Employee Retirement Plan — Form 5500 plan (Saipem America, Inc.)
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, Saipem America, Inc. Employee Retirement Plan is a benefit plan reported by Saipem America, Inc. under EIN 76-0310017 and plan number 001. The latest loaded filing year is 2023. The filing reports 249 participants and $21,945,071 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Saipem America, Inc.
- EIN
- 76-0310017
- Plan number
- 001
- Plan type
- 2
- Location
- Houston, TX
- Latest filing year
- 2023
- Participants
- 249
- End-of-year plan assets
- $21,945,071
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 249 | H, C | 20241011113416NAL0044140162001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $21,945,071
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $21,945,071
- Net assets (BOY)
- $17,711,540
Income & contributions
- Employer contributions
- $764,957
- Participant contributions
- $1,566,116
- Total contributions
- $2,530,857
- Total income / additions
- $5,552,709
Expenses & distributions
- Benefits paid
- $1,219,226
- Administrative expenses
- $99,952
- Total expenses
- $1,319,178
- Net increase / (decrease)
- $4,233,531
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $87,527 | $0 | 2023 |
| B. Riley Wealth Advisors, Inc. | INVESTMENT ADVISORY | $0 | $12,547 | 2023 |
| Robertson & Robertson | ACCOUNTANT | $12,425 | not reported in the loaded dataset | 2023 |
| B Riley Wealth Management Inc | INVESTMENT ADVISORY | $0 | $11,602 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Saipem America, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in TX
- 401(k) and benefit plan filings in Houston, TX
- Principal Life Insurance Company — Schedule C compensation
- B. Riley Wealth Advisors, Inc. — Schedule C compensation
- Robertson & Robertson — Schedule C compensation
- B Riley Wealth Management Inc — Schedule C compensation