Defined Benefit (Pension) · DOL Form 5500 · 2022

J. Ray Mcdermott Holdings, LLC Pension Plan

Data updated 2026-08-25

$366M
Total assets Above avg plan size
59
Participants Small participant base
97th
Percentile by assets National rank
$6.2M
Avg per participant High balance/head
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Official DOL plan name: Mcdermott (U.S.) Retirement Plan · Sponsored by J. Ray Mcdermott Holdings, LLC · Texas · Construction

$366M in assets, 59 participants

J. Ray Mcdermott Holdings, LLC's Mcdermott (U.S.) Retirement Plan reported $366M in total assets and 59 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.

  • #9,620 in Construction (9,927 peers)

Where Mcdermott (U.S.) Retirement Plan sits by assets

Mcdermott (U.S.) Retirement Plan sits in the top 5% of all filed plans by assets, $366M for 59 participants (~$6.2M/participant), down 25.9% in 2022.

#9,620
in Construction (9,927 peers)
-25.9%
assets change YoY
3.7×
vs typical plan assets (national mean)

The plan reported a net loss of $125M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Mcdermott (U.S.) Retirement Plan's outsized position by total assets

Mcdermott (U.S.) Retirement Plan vs every filed plan by assets

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

$365,820,056 Top 3% higher than 97% 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

Mcdermott (U.S.) Retirement Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Mcdermott (U.S.) Retirement Plan is a small filing (59 participants) on this national headcount ladder.

DOL schedule card

Filing strip 721280625 · J. Ray Mcdermott Holdings, LLC PY 2022 · Defined Benefit (Pension)

Mcdermott (U.S.) Retirement Plan · $366M · 59 · 97th

  • VS-ST $366M
  • BOY 59
  • SCH 97th
  • EBSA Defined Benefit (Pension)
  • PART near California Teachers Association Employees Retirement Benefits Plan
  • TYPE ind #9620

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 Construction retirement plans → · Plans in Texas →

Mcdermott (U.S.) Retirement Plan in the asset neighbourhood

California Teachers Association Employees Retirement Benefits PlanCalifornia Teachers Associat…$366MMcdermott (U.S.) Retirement PlanMcdermott (U.S.) Retirement …$366MIronworkers Local 11 Pension FundIronworkers Local 11 Pension…$365MOregon Laborers-Employers Pension PlanOregon Laborers-Employers Pe…$365MPension Plan for Employees of Amphenol CorporationPension Plan for Employees o…$365M
End-of-year total assets ($M) among Mcdermott (U.S.) Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$493M
Net Assets (End of Year)$365M
Net Income-$125M
Employer EIN721280625
Plan Effective Date1995-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (J. Ray Mcdermott Holdings, LLC)

Sponsor-wide plan assets over time

All J. Ray Mcdermott Holdings, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$546K 99.85087230974564% vs 2022
2023 filing year
$0M$200M$400M$600M 20222023 $366M $0.55M ▼ -99.8%
Year Plans Participants Total Assets
2022 1 59 $366M
2023 1 12 $546K

Nearby Defined Benefit (Pension) Plans in Texas

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Mcdermott (U.S.) Retirement Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Mcdermott (U.S.) Retirement Plan, Total assets ($B): 0.365820056 · Participants: 59Mcdermott (U.S.) Retirement PlanAT&T Pension Benefit Plan, Total assets ($B): 40.998144 · Participants: 119463AT&T Pension Benefit PlanShell Pension Plan, Total assets ($B): 14.642588618 · Participants: 12912Shell Pension PlanExxonmobil Pension Plan, Total assets ($B): 11.599 · Participants: 23661Exxonmobil Pension PlanCaterpillar Inc. Retirement Income Plan, Total assets ($B): 9.541187279 · Participants: 12815Caterpillar Inc. Retirement Income PlanBp Retirement Accumulation Plan, Total assets ($B): 5.371602289 · Participants: 9156Bp Retirement Accumulation Plan
Mcdermott (U.S.) Retirement Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants
Compare Mcdermott (U.S.) Retirement Plan side-by-side with 3 peers →

Mcdermott (U.S.) Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Texas, the nearest Defined Benefit (Pension) by assets is California Teachers Association Employees Retirement Benefits Plan in CA ($366M); by covered participants it is Erie and Niagara Insurance Association Cash Balance Retirement Plan in NY (59 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (59 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 Mcdermott (U.S.) Retirement Plan assets move in 2022? ▼
Mcdermott (U.S.) Retirement Plan declined sharply - down 25.9% during 2022, from $493M to $366M. Reported net income was -$125M.
How have J. Ray Mcdermott Holdings, LLC plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), J. Ray Mcdermott Holdings, LLC's sponsor-wide assets declined 99.9%, from $366M to $546K.
Where does Mcdermott (U.S.) Retirement Plan rank by assets among Form 5500 filers? ▼
Mcdermott (U.S.) Retirement Plan ranks in the 97th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Mcdermott (U.S.) Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is California Teachers Association Employees Retirement Benefits Plan in CA ($366M, 502 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Mcdermott (U.S.) Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Erie and Niagara Insurance Association Cash Balance Retirement Plan in NY (59 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 721280625.

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.