Other
2022 plan-year Other DOL Form 5500

Pool Company Retirement Income Plan

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

Sponsored by Pool Company/Nabors Industries Inc. · Texas · Mining & Oil Extraction

What the 2023 filing shows

Pool Company Retirement Income Plan holds $14M for 10 participants — about $1.4M per participant, down 22.4% over the 2022 plan year.

$14M
total plan assets (2022 EOY)
10
covered participants
$1.4M
avg assets per participant
-22.4%
assets change YoY

The plan reported a net loss of $4M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$14M
Participants
10
State
Industry
Mining & Oil Extraction

What the Filing Says About Pool Company Retirement Income Plan

Pool Company Retirement Income Plan is a Other retirement plan sponsored by Pool Company/Nabors Industries Inc., headquartered in Texas. As of the 2022 Form 5500 filing, the plan reports $14M in total end-of-year assets and covers 10 participants across the Mining & Oil Extraction industry. The sponsor's EIN on file with the U.S. Department of Labor is 760306172, and the plan has been effective since 1990-05-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $18M at the beginning of 2022 to $14M at year-end — a decline of 22.4%. Net assets (after liabilities) closed the year at $14M, with reported net income of $-4,041,795 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)$18M
Total Assets (End of Year)$14M
Net Assets (End of Year)$14M
Net Income$-4,041,795
Plan TypeOther
Employer EIN760306172
Plan Effective Date1990-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Pool Company/Nabors Industries Inc.)

Year Plans Participants Total Assets
2022 1 10 $14M
2023 1 7 $15M
2024 1 7 $15M

Nearby Other Plans in Texas

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

Frequently Asked Questions

How much money is in the Pool Company Retirement Income Plan?
As of the 2022 Form 5500 filing, Pool Company Retirement Income Plan holds $14M in total assets with 10 participants. It is sponsored by Pool Company/Nabors Industries Inc..
What type of plan is Pool Company Retirement Income Plan?
Pool Company Retirement Income Plan is a Other plan. It has been effective since 1990-05-01. The plan is filed with the U.S. Department of Labor under EIN 760306172.
Who sponsors the Pool Company Retirement Income Plan?
Pool Company Retirement Income Plan is sponsored by Pool Company/Nabors Industries Inc., located in Texas. The sponsor's EIN is 760306172 and the plan operates in the Mining & Oil Extraction industry.
How did Pool Company Retirement Income Plan perform in 2022?
Pool Company Retirement Income Plan declined by 22.4% during 2022, moving from $18M to $14M in total assets. Net income was $-4,041,795.
Where can I find official filings for Pool Company Retirement Income Plan?
Official Form 5500 filings for Pool Company Retirement Income Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 760306172 or plan name at efast.dol.gov.
How does Pool Company Retirement Income Plan compare to other plans?
You can compare Pool Company Retirement Income Plan against other Other 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 760306172.

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 U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.