401(k) · DOL Form 5500 · 2022

Baker Hughes Holdings LLC 401(k) Plan

Data updated 2026-08-25

$3.3B
Total assets Very large vs avg
12,264
Participants Very large workforce
100th
Percentile by assets National rank
$265,046
Avg per participant High balance/head
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Official DOL plan name: Baker Hughes Company 401(k) Plan · Sponsored by Baker Hughes Holdings LLC · Texas · Mining & Oil Extraction

$3.3B in assets, 12,264 participants

Baker Hughes Holdings LLC's Baker Hughes Company 401(k) Plan reported $3.3B in total assets and 12,264 participants in its 2022 DOL Form 5500 filing, ranking in the 100th 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.

  • #890 in Mining & Oil Extraction (892 peers)

Coverage in Texas

Baker Hughes Company 401(k) Plan covers 12,264 participants in Texas, 18x the typical Texas plan (state average ~688 per filing). Assets: $3.3B.

#890
in Mining & Oil Extraction (892 peers)
-14.8%
assets change YoY
33×
vs typical plan assets (national mean)

The plan reported a net loss of $565M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Baker Hughes Company 401(k) Plan's outsized position by total assets

Baker Hughes Company 401(k) Plan vs every filed plan by assets

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

$3,250,524,949 Highest reported value at or above every one 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

Baker Hughes Company 401(k) Plan's mega-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Baker Hughes Company 401(k) Plan is a mega filing (12,264 participants), the rightmost band on the breakdown.

Plan-year Form 5500 strip

Filing strip 760207995 · Baker Hughes Holdings LLC PY 2022 · 401(k)

Baker Hughes Company 401(k) Plan · $3.3B · 12,264 · 100th

  • IND $3.3B
  • EOY 12,264
  • 5500 100th
  • ASSETS 401(k)
  • PCT near Vmware Inc. 401(k) Savings Plan
  • EIN ind #890

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 Mining & Oil Extraction retirement plans → · Plans in Texas →

Baker Hughes Company 401(k) Plan in the asset neighbourhood

Baker Hughes Company 401(k) PlanBaker Hughes Company 401(k) …$3.3BVmware Inc. 401(k) Savings PlanVmware Inc. 401(k) Savings P…$3.2BNew York District Council of Carpenters Annuity FdNew York District Council of…$3.2BIu Health 401(k) Savings Plan$3.2BStarbucks Corporation 401(k) PlanStarbucks Corporation 401(k)…$3.2B
End-of-year total assets ($B) among Baker Hughes Company 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Texas filing particulars

Total Assets (Beginning of Year)$3.8B
Net Assets (End of Year)$3.3B
Net Income-$565M
Employer EIN760207995
Plan Effective Date1981-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Baker Hughes Holdings LLC)

Sponsor-wide plan assets over time

All Baker Hughes Holdings LLC plans reported in each filing year

Latest sponsor-wide plan assets
$4.4B 16.125538044481857% vs 2022
2024 filing year
$3.6B$3.8B$4B$4.2B$4.4B$4.6B 202220232024 $3.76B $4.37B ▲ +16.2%
Year Plans Participants Total Assets
2022 2 17,990 $3.8B
2023 2 18,270 $4.3B
2024 2 17,422 $4.4B

Nearby 401(k) Plans in Texas

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

Baker Hughes Company 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. 050000100000150000200000 010203040 Total assets ($B) Participants Baker Hughes Company 401(k) Plan, Total assets ($B): 3.250524949 · Participants: 12264Baker Hughes Company 401(k) 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
Baker Hughes Company 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Baker Hughes Company 401(k) Plan side-by-side with 3 peers →

Scale composition for Baker Hughes Company 401(k) Plan

Baker Hughes Company 401(k) Plan reports $3.3B in end-of-year assets across 12,264 participants (0.026% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.013% of 93,925,755 covered participants) - about $265,046 per participant (1.9x the national average assets-per-participant) . Net income for plan year 2022 was -$565M.

This plan identity (EIN 760207995, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $3.3B to $4.0B (+23.5%) while covered participants moved from 12,264 to 12,561 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 12,264 $3.3B This page
2023 12,917 $3.7B Open filing
2024 · index core 12,561 $4.0B Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Baker Hughes Company 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Vmware Inc. 401(k) Savings Plan in CA ($3.2B); by covered participants it is Baxter International Inc. and Subsidiaries U.S. Retirement Savings Plan in IL (12,263 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($3.3B here).

Similar participant headcount

Nearest other-state filings by covered participants (12,264 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 Baker Hughes Company 401(k) Plan assets move in 2022? ▼
Baker Hughes Company 401(k) Plan pulled back noticeably - down 14.8% during 2022, from $3.8B to $3.3B. Reported net income was -$565M.
How have Baker Hughes Holdings LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Baker Hughes Holdings LLC's sponsor-wide assets grew 16.1%, from $3.8B to $4.4B.
Where does Baker Hughes Company 401(k) Plan rank by assets among Form 5500 filers? ▼
Baker Hughes Company 401(k) Plan ranks in the 100th 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 Baker Hughes Company 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Vmware Inc. 401(k) Savings Plan in CA ($3.2B, 15,793 participants).
Which 401(k) plans cover a similar participant headcount to Baker Hughes Company 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Baxter International Inc. and Subsidiaries U.S. Retirement Savings Plan in IL (12,263 participants, $3.8B 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 760207995.

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.