Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

TENARIS 401(K) SAVINGS PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

HYDRIL COMPANY

This Profit Sharing plan holds $229M in total assets and serves 2,789 participants as of 2022. It is sponsored by HYDRIL COMPANY in Texas. The plan reported a net loss of $24M for the year.

Total Assets (2023)
$229M
Participants
2,789
State
Industry
Manufacturing

What the Filing Says About TENARIS 401(K) SAVINGS PLAN

TENARIS 401(K) SAVINGS PLAN is a Profit Sharing retirement plan sponsored by HYDRIL COMPANY, headquartered in Texas. As of the 2022 Form 5500 filing, the plan reports $229M in total end-of-year assets and covers 2,789 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 952777268, and the plan has been effective since 1979-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $258M at the beginning of 2022 to $229M at year-end — a decline of 11.4%. Net assets (after liabilities) closed the year at $229M, with reported net income of $-23,775,239 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$258M
Total Assets (End of Year)$229M
Net Assets (End of Year)$229M
Net Income$-23,775,239
Plan TypeProfit Sharing
Employer EIN952777268
Plan Effective Date1979-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (HYDRIL COMPANY)

Year Plans Participants Total Assets
2022 2 2,835 $271M
2023 1 43 $45M
2024 1 40 $46M

Nearby Profit Sharing Plans in Texas

Peer Profit Sharing plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the TENARIS 401(K) SAVINGS PLAN?
As of the 2022 Form 5500 filing, TENARIS 401(K) SAVINGS PLAN holds $229M in total assets with 2,789 participants. It is sponsored by HYDRIL COMPANY.
What type of plan is TENARIS 401(K) SAVINGS PLAN?
TENARIS 401(K) SAVINGS PLAN is a Profit Sharing plan. It has been effective since 1979-07-01. The plan is filed with the U.S. Department of Labor under EIN 952777268.
Who sponsors the TENARIS 401(K) SAVINGS PLAN?
TENARIS 401(K) SAVINGS PLAN is sponsored by HYDRIL COMPANY, located in Texas. The sponsor's EIN is 952777268 and the plan operates in the Manufacturing industry.
How did TENARIS 401(K) SAVINGS PLAN perform in 2022?
TENARIS 401(K) SAVINGS PLAN declined by 11.4% during 2022, moving from $258M to $229M in total assets. Net income was $-23,775,239.
Where can I find official filings for TENARIS 401(K) SAVINGS PLAN?
Official Form 5500 filings for TENARIS 401(K) SAVINGS PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 952777268 or plan name at efast.dol.gov.
How does TENARIS 401(K) SAVINGS PLAN compare to other plans?
You can compare TENARIS 401(K) SAVINGS PLAN against other Profit Sharing plans on the plan type page, or view plans in Texas on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 952777268.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.