401(k) · DOL Form 5500 · 2023

Pacific Drilling 401(k) Plan

Data updated 2026-05-15

$51M
Total assets
495
Participants
86th
Percentile by assets
$102,522
Avg per participant

Sponsored by Pacific Drilling · Texas · Mining & Oil Extraction

What the 2023 filing shows

Pacific Drilling 401(k) Plan holds $51M for 495 participants - about $102,522 per participant, in the top quartile of all filed plans by assets, down 4.8% over the 2023 plan year.

$51M
total plan assets (2023 EOY)
495
covered participants
86th
percentile by assets (of 126,618 plans)
$102,522
avg assets per participant

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry
Mining & Oil Extraction

401(k) · DOL Form 5500 · 2023

What the Filing Says About Pacific Drilling 401(k) Plan

Pacific Drilling 401(k) Plan is a 401(k) retirement plan sponsored by Pacific Drilling, headquartered in Texas. According to the U.S. Department of Labor's 2023 Form 5500 filing, the plan reports $51M in total end-of-year assets and covers 495 participants across the Mining & Oil Extraction industry. The sponsor's EIN on file with the U.S. Department of Labor is 814037655. Its filing status is currently FILING RECEIVED.

Year over year, total assets edged down modestly from $53M at the beginning of 2023 to $51M at year-end - down 4.8%. Net assets (after liabilities) closed the year at $51M, with reported net income of -$3M 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.

By assets, Pacific Drilling 401(k) Plan outranks 86% of the 126,618 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.5x the national average plan size of $100M and 730 average participants.

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.

How the percentile is calculated: we count every plan that filed a 2023 Form 5500 with a reported end-of-year asset figure (126,618 plans), rank Pacific Drilling 401(k) Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.

Financial Summary (2023)

Total Assets (Beginning of Year)$53M
Total Assets (End of Year)$51M
Net Assets (End of Year)$51M
Net Income-$3M
Plan Type401(k)
Employer EIN814037655
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Texas

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

Frequently Asked Questions

How much money is in the Pacific Drilling 401(k) Plan?
As of the 2023 Form 5500 filing, Pacific Drilling 401(k) Plan holds $51M in total assets with 495 participants. It is sponsored by Pacific Drilling.
What type of plan is Pacific Drilling 401(k) Plan?
Pacific Drilling 401(k) Plan is a 401(k) plan. The plan is filed with the U.S. Department of Labor under EIN 814037655.
Who sponsors the Pacific Drilling 401(k) Plan?
Pacific Drilling 401(k) Plan is sponsored by Pacific Drilling, located in Texas. The sponsor's EIN is 814037655 and the plan operates in the Mining & Oil Extraction industry.
How did Pacific Drilling 401(k) Plan perform in 2023?
Pacific Drilling 401(k) Plan edged down modestly - down 4.8% during 2023, moving from $53M to $51M in total assets. Net income was -$3M.

What this filing means

Ways to act on Pacific Drilling 401(k) Plan's numbers.

  • By total assets, Pacific Drilling 401(k) Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Texas. Compare plans
  • A 401(k) plan works differently from other retirement plan types, understand the structural differences before comparing. Compare plan types

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 814037655.

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.

Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.