401(k) · DOL Form 5500 · 2022

Sbm Offshore USA, Inc. 401(k) Plan

Data updated 2026-08-11

$85M
Total assets
38
Participants
92nd
Percentile by assets
$2.2M
Avg per participant
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Official DOL plan name: Sbm Offshore USA, Inc. Savings and Retirement Plan · Sponsored by Sbm Offshore USA, Inc. · Texas · Mining & Oil Extraction

$85M in assets, 38 participants

Sbm Offshore USA, Inc.'s Sbm Offshore USA, Inc. Savings and Retirement Plan reported $85M in total assets and 38 participants in its 2022 DOL Form 5500 filing, ranking in the 92nd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 92nd percentile by assets (of 139,126 plans)
  • #745 in Mining & Oil Extraction (892 peers)

Where Sbm Offshore USA, Inc. Savings and Retirement Plan sits by assets

Sbm Offshore USA, Inc. Savings and Retirement Plan sits in the top 10% of all filed plans by assets, $85M for 38 participants (~$2.2M/participant), down 23.2% in 2022.

$85M
total plan assets (2022 EOY)
38
covered participants
92nd
percentile by assets (of 139,126 plans)
$2.2M
avg assets per participant

The plan reported a net loss of $26M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Sbm Offshore USA, Inc. Savings and Retirement Plan sits by total assets

Sbm Offshore USA, Inc. Savings and Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$84,696,841 Top 8% higher than 92% of 139,123 filed plans

This plan $0 $2,010,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Sbm Offshore USA, Inc. Savings and Retirement Plan vs the 2022 asset distribution

By assets, Sbm Offshore USA, Inc. Savings and Retirement Plan outranks 92% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.8x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$110M
Net Assets (End of Year)$85M
Net Income-$26M
Employer EIN954278218
Plan Effective Date1990-07-16
Filing StatusFILING RECEIVED

Sponsor Plan History (Sbm Offshore USA, Inc.)

$84M$86M$88M$90M$92M 202220232024 $84.7M $88M ▲ +3.9%
Total plan assets by year, all Sbm Offshore USA, Inc. plans on file
Year Plans Participants Total Assets
2022 1 38 $85M
2023 1 34 $91M
2024 1 32 $88M

Nearby 401(k) Plans in Texas

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

Sbm Offshore USA, Inc. Savings and Retirement Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Sbm Offshore USA, Inc. Savings and Retirement Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -10010203040 Total assets ($B) Participants Sbm Offshore USA, In…AT&T Retirement Savi…Exxonmobil Savings P…Caterpillar 401(k) S…American Airlines, I…Dell Inc. 401(k) Plan
Sbm Offshore USA, Inc. Savings and Retirement Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Sbm Offshore USA, Inc. Savings and Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Sbm Offshore USA, Inc. Savings and Retirement Plan assets move in 2022?
Sbm Offshore USA, Inc. Savings and Retirement Plan declined sharply - down 23.2% during 2022, from $110M to $85M. Reported net income was -$26M.
How have Sbm Offshore USA, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Sbm Offshore USA, Inc.'s sponsor-wide assets grew 3.9%, from $85M to $88M.
Where does Sbm Offshore USA, Inc. Savings and Retirement Plan rank by assets among Form 5500 filers?
Sbm Offshore USA, Inc. Savings and Retirement Plan ranks in the 92nd percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Sbm Offshore USA, Inc. Savings and Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Meridian Cooperative Savings Plan in GA ($85M, 600 participants).

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