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, The Aker Solutions 401(K) Savings Plan is a benefit plan reported by Aker Solutions Inc. under EIN 76-0423235 and plan number 004. The latest loaded filing year is 2023. The filing reports 1,024 participants and $137,537,167 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $137,537,167
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $137,537,167
- Net assets (BOY)
- $127,379,120
Income & contributions
- Employer contributions
- $1,531,362
- Participant contributions
- $2,216,675
- Total contributions
- $3,958,235
- Total income / additions
- $22,038,380
Expenses & distributions
- Benefits paid
- $11,729,866
- Administrative expenses
- $150,467
- Total expenses
- $11,880,333
- Net increase / (decrease)
- $10,158,047