401(k)
2022 plan-year 401(k) DOL Form 5500

Valaris Savings Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Ensco International Incorporated · Texas · Professional & Technical Services

What the 2023 filing shows

Valaris Savings Plan holds $401M for 1,153 participants — about $347,609 per participant, down 20.2% over the 2022 plan year.

$401M
total plan assets (2022 EOY)
1,153
covered participants
$347,609
avg assets per participant
-20.2%
assets change YoY

The plan reported a net loss of $101M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$401M
Participants
1,153
State
Industry
Professional & Technical Services

What the Filing Says About Valaris Savings Plan

Valaris Savings Plan is a 401(k) retirement plan sponsored by Ensco International Incorporated, headquartered in Texas. As of the 2022 Form 5500 filing, the plan reports $401M in total end-of-year assets and covers 1,153 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 760232579, and the plan has been effective since 1991-05-15. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $502M at the beginning of 2022 to $401M at year-end — a decline of 20.2%. Net assets (after liabilities) closed the year at $401M, with reported net income of $-101,253,220 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$502M
Total Assets (End of Year)$401M
Net Assets (End of Year)$401M
Net Income$-101,253,220
Plan Type401(k)
Employer EIN760232579
Plan Effective Date1991-05-15
Filing StatusFILING RECEIVED

Sponsor Plan History (Ensco International Incorporated)

Year Plans Participants Total Assets
2022 2 1,391 $860M
2023 2 1,639 $917M
2024 2 1,751 $946M

Nearby 401(k) Plans in Texas

Peer 401(k) plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Valaris Savings Plan?
As of the 2022 Form 5500 filing, Valaris Savings Plan holds $401M in total assets with 1,153 participants. It is sponsored by Ensco International Incorporated.
What type of plan is Valaris Savings Plan?
Valaris Savings Plan is a 401(k) plan. It has been effective since 1991-05-15. The plan is filed with the U.S. Department of Labor under EIN 760232579.
Who sponsors the Valaris Savings Plan?
Valaris Savings Plan is sponsored by Ensco International Incorporated, located in Texas. The sponsor's EIN is 760232579 and the plan operates in the Professional & Technical Services industry.
How did Valaris Savings Plan perform in 2022?
Valaris Savings Plan declined by 20.2% during 2022, moving from $502M to $401M in total assets. Net income was $-101,253,220.
Where can I find official filings for Valaris Savings Plan?
Official Form 5500 filings for Valaris Savings Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 760232579 or plan name at efast.dol.gov.
How does Valaris Savings Plan compare to other plans?
You can compare Valaris Savings Plan against other 401(k) plans on the plan type page, or view plans in Texas on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 760232579.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.