401(k) · DOL Form 5500 · 2022

Parker Drilling Company 401(k) Plan

Data updated 2026-08-25

$72M
Total assets Below avg plan size
719
Participants Below avg headcount
91st
Percentile by assets National rank
$100,542
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Parker Wellbore 401(k) Retirement Savings Plan · Sponsored by Parker Drilling Company · Texas · Mining & Oil Extraction

$72M in assets, 719 participants

Parker Drilling Company's Parker Wellbore 401(k) Retirement Savings Plan reported $72M in total assets and 719 participants in its 2022 DOL Form 5500 filing, ranking in the 91st 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.

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

Where Parker Wellbore 401(k) Retirement Savings Plan sits by assets

Parker Wellbore 401(k) Retirement Savings Plan sits in the top 10% of all filed plans by assets, $72M for 719 participants (~$100,542/participant), down 18.9% in 2022.

#726
in Mining & Oil Extraction (892 peers)
-18.9%
assets change YoY
0.7×
vs typical plan assets (national mean)

The plan reported a net loss of $17M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Parker Wellbore 401(k) Retirement Savings Plan's outsized position by total assets

Parker Wellbore 401(k) Retirement Savings Plan vs every filed plan by assets

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

$72,289,894 Top 9% higher than 91% 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

Parker Wellbore 401(k) Retirement Savings Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Parker Wellbore 401(k) Retirement Savings Plan sits mid-pack in the medium band (719 participants).

EBSA filing schedule strip

Filing strip 730618660 · Parker Drilling Company PY 2022 · 401(k)

Parker Wellbore 401(k) Retirement Savings Plan · $72M · 719 · 91st

  • EOY $72M
  • EOY 719
  • EOY 91st
  • EOY 401(k)
  • EOY near Amyris, Inc. 401(k) Plan
  • EOY ind #726

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 →

Parker Wellbore 401(k) Retirement Savings Plan in the asset neighbourhood

Coalfire Systems, Inc. 401(k) PlanCoalfire Systems, Inc. 401(k…$72MSerigraph, Inc. 401(k) Savings PlanSerigraph, Inc. 401(k) Savin…$72MParker Wellbore 401(k) Retirement Savings PlanParker Wellbore 401(k) Retir…$72MAmyris, Inc. 401(k) Plan$72MPeachtree Orthopaedic Clinic, P.a. 401(k) Retirement PlanPeachtree Orthopaedic Clinic…$72M
End-of-year total assets ($M) among Parker Wellbore 401(k) Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$89M
Net Assets (End of Year)$72M
Net Income-$17M
Employer EIN730618660
Plan Effective Date1980-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Parker Drilling Company)

Sponsor-wide plan assets over time

All Parker Drilling Company plans reported in each filing year

Latest sponsor-wide plan assets
$96M 33.45973228291081% vs 2022
2024 filing year
$60M$70M$80M$90M$100M 202220232024 $72.3M $96.5M ▲ +33.5%
Year Plans Participants Total Assets
2022 1 719 $72M
2023 1 831 $86M
2024 1 991 $96M

Nearby 401(k) Plans in Texas

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

Parker Wellbore 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -10010203040 Total assets ($B) Participants Parker Wellbore 401(k) Retirement Savings Plan, Total assets ($B): 0.072289894 · Participants: 719Parker Wellbore 401(k) Retirement 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
Parker Wellbore 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Parker Wellbore 401(k) Retirement Savings Plan side-by-side with 3 peers →

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

Outside Texas, the nearest 401(k) by assets is Amyris, Inc. 401(k) Plan in CA ($72M); by covered participants it is Independent Healthcare Properties, LLC 401(k) Profit Sharing Plan in TN (719 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($72M here).

Similar participant headcount

Nearest other-state filings by covered participants (719 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 Parker Wellbore 401(k) Retirement Savings Plan assets move in 2022? ▼
Parker Wellbore 401(k) Retirement Savings Plan declined sharply - down 18.9% during 2022, from $89M to $72M. Reported net income was -$17M.
How have Parker Drilling Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Parker Drilling Company's sponsor-wide assets grew 33.5%, from $72M to $96M.
Where does Parker Wellbore 401(k) Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Parker Wellbore 401(k) Retirement Savings Plan ranks in the 91st percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Parker Wellbore 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Amyris, Inc. 401(k) Plan in CA ($72M, 747 participants).
Which 401(k) plans cover a similar participant headcount to Parker Wellbore 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Independent Healthcare Properties, LLC 401(k) Profit Sharing Plan in TN (719 participants, $9M 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 730618660.

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.