Defined Benefit (Pension) · DOL Form 5500 · 2022
Baker Hughes Holdings LLC Pension Plan
Data updated 2026-08-25
- $513M
- Total assets Above avg plan size
- 5,726
- Participants Above avg headcount
- 98th
- Percentile by assets National rank
- $89,556
- Avg per participant Below avg balance/head
Official DOL plan name: Baker Hughes Company Pension Plan · Sponsored by Baker Hughes Holdings LLC · Texas · Mining & Oil Extraction
$513M in assets, 5,726 participants
Baker Hughes Holdings LLC's Baker Hughes Company Pension Plan reported $513M in total assets and 5,726 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.
- #859 in Mining & Oil Extraction (892 peers)
Coverage in Texas
Baker Hughes Company Pension Plan covers 5,726 participants in Texas, 8.3x the typical Texas plan (state average ~688 per filing). Assets: $513M.
- #859
- in Mining & Oil Extraction (892 peers)
- -21.6%
- assets change YoY
- 5.1×
- vs typical plan assets (national mean)
The plan reported a net loss of $141M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Baker Hughes Company Pension Plan's outsized position by total assets
Baker Hughes Company Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$512,798,193 Top 2% higher than 98% of 139,123 filed plans
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 Pension 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. Baker Hughes Company Pension Plan lands in the large band (5,726 participants).
Plan-year Form 5500 strip
Filing strip 760207995 · Baker Hughes Holdings LLC PY 2022 · Defined Benefit (Pension)
Baker Hughes Company Pension Plan · $513M · 5,726 · 98th
- EOY $513M
- 5500 5,726
- ASSETS 98th
- PCT Defined Benefit (Pension)
- EIN near Construction Industry and Laborers Joint Pension Trust for So Nevada, Plan a
- RANK ind #859
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 Pension Plan in the asset neighbourhood
Texas filing particulars
| Total Assets (Beginning of Year) | $654M |
|---|---|
| Net Assets (End of Year) | $513M |
| Net Income | -$141M |
| Employer EIN | 760207995 |
| Plan Effective Date | 2002-01-01 |
| Filing Status | FILING 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
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 17,990 | $3.8B |
| 2023 | 2 | 18,270 | $4.3B |
| 2024 | 2 | 17,422 | $4.4B |
Nearby Defined Benefit (Pension) Plans in Texas
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- AT&T Pension Benefit Plan $41.0B · 119,463
- Shell Pension Plan $14.6B · 12,912
- Exxonmobil Pension Plan $11.6B · 23,661
- Caterpillar Inc. Retirement Income Plan $9.5B · 12,815
- Bp Retirement Accumulation Plan $5.4B · 9,156
Scale composition for Baker Hughes Company Pension Plan
Baker Hughes Company Pension Plan reports $513M in end-of-year assets across 5,726 participants (0.004% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $89,556 per participant (65% of the national average assets-per-participant) . Net income for plan year 2022 was -$141M.
This plan identity (EIN 760207995, plan #050) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $513M to $356M (-30.6%) while covered participants moved from 5,726 to 4,861 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 5,726 | $513M | This page |
| 2023 | 5,353 | $540M | Open filing |
| 2024 · index core | 4,861 | $356M | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Baker Hughes Company 401(k) Plan (401(k), $4.0B, 12,561 participants)
- Baker Hughes Company Pension Plan (Defined Benefit (Pension), $356M, 4,861 participants)
Baker Hughes Company Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Texas, the nearest Defined Benefit (Pension) by assets is Construction Industry and Laborers Joint Pension Trust for So Nevada, Plan a in NV ($513M); by covered participants it is Trane Technologies Pension Plan Number One in NC (5,741 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($513M here).
- Construction Industry and Laborers Joint Pension Trust for So Nevada, Plan a (NV) $513M · 2,080
- Unisys Pension Plan 2 (PA) $513M · 236
- 32bj School Workers Pension Fund (NY) $515M · 5,673
- Kirkland & Ellis LLP 2011 Retirement Plan (IL) $515M · 707
Similar participant headcount
Nearest other-state filings by covered participants (5,726 participants); asset peers above are excluded.
- Trane Technologies Pension Plan Number One (NC) 5,741 · 15 off
- Kaleida Health Pension Growth Plan (NY) 5,710 · 16 off
- US Foods Consolidated Defined Benefit Retirement Plan (IL) 5,744 · 18 off
- NECA-IBEW Pension Trust Fund (IL) 5,701 · 25 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.