Defined Benefit (Pension) · DOL Form 5500 · 2022
Baker Hughes Holdings LLC Pension Plan
Data updated 2026-08-11
- $513M
- Total assets
- 5,726
- Participants
- 98th
- Percentile by assets
- $89,556
- Avg per participant
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.
- 98th percentile by assets (of 139,126 plans)
- #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.
- $513M
- total plan assets (2022 EOY)
- 5,726
- covered participants
- 98th
- percentile by assets (of 139,126 plans)
- $89,556
- avg assets per participant
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.
Participants vs Texas filers
In Texas, the average filing covers about 688 participants across 10,116 plans. Baker Hughes Company Pension Plan reports 5,726 participants - 8.3x that state average ($513M EOY assets).
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)
| 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.
Baker Hughes Company Pension Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants
- 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)
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Baker Hughes Company Pension Plan by total assets, not by location.
- 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
Frequently Asked Questions
How did Baker Hughes Company Pension Plan assets move in 2022? ▼
How have Baker Hughes Holdings LLC plan assets changed over time? ▼
Where does Baker Hughes Company Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Baker Hughes Company Pension Plan? ▼
Next read for Baker Hughes Company Pension Plan
Filing takeaways
Ways to act on Baker Hughes Company Pension Plan's numbers.
- By total assets, Baker Hughes Company Pension Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Texas. Compare plans
- Baker Hughes Holdings LLC's sponsor-wide assets have grown 16.1% since 2022 across 3 plan years on file. More Mining & Oil Extraction plans