401(k) · DOL Form 5500 · 2022

Mcdermott Investments 401(k) Plan

Data updated 2026-08-25

$1.2B
Total assets Very large vs avg
3,753
Participants Above avg headcount
99th
Percentile by assets National rank
$319,995
Avg per participant High balance/head
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Official DOL plan name: Mcdermott Savings Plan · Sponsored by Mcdermott Investments · Texas · Construction

$1.2B in assets, 3,753 participants

Mcdermott Investments's Mcdermott Savings Plan reported $1.2B in total assets and 3,753 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.

  • #9,836 in Construction (9,927 peers)

Coverage in Texas

Mcdermott Savings Plan covers 3,753 participants in Texas, 5.5x the typical Texas plan (state average ~688 per filing). Assets: $1.2B.

#9,836
in Construction (9,927 peers)
-26.7%
assets change YoY
12×
vs typical plan assets (national mean)

The plan reported a net loss of $437M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Mcdermott Savings Plan's outsized position by total assets

Mcdermott Savings Plan vs every filed plan by assets

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

$1,200,939,959 Top 1% higher than 99% of 139,123 filed plans

This plan $0 $2,050,000,000 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

Mcdermott Savings Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Mcdermott Savings Plan lands in the large band (3,753 participants).

EBSA filing schedule strip

Filing strip 741032246 · Mcdermott Investments PY 2022 · 401(k)

Mcdermott Savings Plan · $1.2B · 3,753 · 99th

  • PHOTO $1.2B
  • IND 3,753
  • EOY 99th
  • 5500 401(k)
  • ASSETS near Cushman & Wakefield 401(k) Plan
  • PCT ind #9836

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Construction retirement plans → · Plans in Texas →

Mcdermott Savings Plan in the asset neighbourhood

The Mathworks 401(k) Retirement PlanThe Mathworks 401(k) Retirem…$1.2BMcdermott Savings Plan$1.2BCushman & Wakefield 401(k) PlanCushman & Wakefield 401(k) P…$1.2BAshland Employee Savings Plan$1.2BClub Futuresave Plan$1.2B
End-of-year total assets ($B) among Mcdermott Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Texas filing particulars

Total Assets (Beginning of Year)$1.6B
Net Assets (End of Year)$1.2B
Net Income-$437M
Employer EIN741032246
Plan Effective Date1978-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mcdermott Investments)

Sponsor-wide plan assets over time

All Mcdermott Investments plans reported in each filing year

Latest sponsor-wide plan assets
$1.4B 12.089219391063247% vs 2022
2024 filing year
$1.15B$1.2B$1.25B$1.3B$1.35B$1.4B 202220232024 $1.21B $1.35B ▲ +11.6%
Year Plans Participants Total Assets
2022 2 3,793 $1.2B
2023 2 3,353 $1.3B
2024 1 3,605 $1.4B

Nearby 401(k) Plans in Texas

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

Mcdermott Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -10010203040 Total assets ($B) Participants Mcdermott Savings Plan, Total assets ($B): 1.200939959 · Participants: 3753Mcdermott Savings PlanAT&T Retirement Savings Plan, Total assets ($B): 37.578871 · Participants: 144503AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.266 · Participants: 23619Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 13.794958016 · Participants: 38538Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 12.806443202 · Participants: 85577American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 11.969059 · Participants: 47532Dell Inc. 401(k) Plan
Mcdermott Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Mcdermott Savings Plan side-by-side with 3 peers →

Mcdermott Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Cushman & Wakefield 401(k) Plan in MA ($1.2B); by covered participants it is Murphy-Hoffman Company Employee Profit Sharing Plan in KS (3,753 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.2B here).

Similar participant headcount

Nearest other-state filings by covered participants (3,753 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Mcdermott Savings Plan assets move in 2022? ▼
Mcdermott Savings Plan declined sharply - down 26.7% during 2022, from $1.6B to $1.2B. Reported net income was -$437M.
How have Mcdermott Investments plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mcdermott Investments's sponsor-wide assets grew 12.1%, from $1.2B to $1.4B.
Where does Mcdermott Savings Plan rank by assets among Form 5500 filers? ▼
Mcdermott Savings Plan ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Mcdermott Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Cushman & Wakefield 401(k) Plan in MA ($1.2B, 22,432 participants).
Which 401(k) plans cover a similar participant headcount to Mcdermott Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Murphy-Hoffman Company Employee Profit Sharing Plan in KS (3,753 participants, $281M in assets).

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 741032246.

Read our methodology - how this data is sourced, computed, and verified.

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