401(k) · DOL Form 5500 · 2023

Subsea 7 (US) LLC 401(k) Plan

Data updated 2026-08-11

$128M
Total assets: 621
Participants: 93rd
Percentile by assets: $206,419
Avg per participant

Official DOL plan name: Subsea 7 401(k) Retirement Plan · Sponsored by Subsea 7 (US) LLC · Texas · Professional & Technical Services

$128M in assets, 621 participants

Subsea 7 (US) LLC's Subsea 7 401(k) Retirement Plan reported $128M in total assets and 621 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

93rd percentile by assets (of 127,072 plans)
#19,104 in Professional & Technical Services (20,321 peers)

Where Subsea 7 401(k) Retirement Plan sits by assets

Subsea 7 401(k) Retirement Plan sits in the top 10% of all filed plans by assets, $128M for 621 participants (~$206,419/participant), up 23.4% in 2023.

$128M
total plan assets (2023 EOY): 621
covered participants: 93rd
percentile by assets (of 127,072 plans): $206,419
avg assets per participant

Where Subsea 7 401(k) Retirement Plan sits by total assets

Subsea 7 401(k) Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$128,185,932 Top 7% higher than 93% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Subsea 7 401(k) Retirement Plan reported net income rose from -$14M in the plan year 2022 filing to $24M in the plan year 2023 filing.
Subsea 7 401(k) Retirement Plan end-of-year assets rose from $104M in the plan year 2022 filing to $128M in the plan year 2023 filing.
Subsea 7 401(k) Retirement Plan reported participants rose from 568 in the plan year 2022 filing to 621 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Texas

Industry

Professional & Technical Services

Subsea 7 401(k) Retirement Plan vs the 2023 asset distribution

By assets, Subsea 7 401(k) Retirement Plan outranks 93% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$104M
Net Assets (End of Year)	$128M
Net Income	$24M
Employer EIN	943425630
Plan Effective Date	2003-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Subsea 7 (US) LLC)

Total plan assets by year, all Subsea 7 (US) LLC plans on file

Year	Plans	Participants	Total Assets
2022	1	568	$104M
2023	1	621	$128M
2024	1	673	$153M

Nearby 401(k) Plans in Texas

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

Subsea 7 401(k) Retirement Plan vs. nearby 401(k) plans in Texas, assets vs. participants

AT&T Retirement Savings Plan $40.0B · 119,854
Exxonmobil Savings Plan $21.9B · 23,477
Caterpillar 401(k) Savings Plan $16.5B · 41,679
American Airlines, Inc. 401(k) Plan $14.7B · 88,792
Dell Inc. 401(k) Plan $13.5B · 45,686

Compare Subsea 7 401(k) Retirement Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Subsea 7 401(k) Retirement Plan by total assets, not by location.

Unilever Advantage Savings Plan (NJ) $128M · 1,367
Brose North America, Inc. 401(k) Profit Sharing Plan and Trust (MI) $128M · 2,545
Rogers Memorial Hospital, Inc. 401(k) Plan (WI) $128M · 3,416
Brown Rudnick LLP 401(k) Profit Sharing Plan a (MA) $128M · 285

Frequently Asked Questions

How did Subsea 7 401(k) Retirement Plan assets move in 2023? ▼

Subsea 7 401(k) Retirement Plan grew sharply - up 23.4% during 2023, from $104M to $128M. Reported net income was $24M.

How have Subsea 7 (US) LLC plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Subsea 7 (US) LLC's sponsor-wide assets grew 47.7%, from $104M to $153M.

Where does Subsea 7 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼

Subsea 7 401(k) Retirement Plan ranks in the 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).

Which 401(k) plans are similar in size to Subsea 7 401(k) Retirement Plan? ▼

Among 401(k) plans in other states, the closest by assets is Unilever Advantage Savings Plan in NJ ($128M, 1,367 participants).

Next read for Subsea 7 401(k) Retirement Plan

Scale reading

Ways to act on Subsea 7 401(k) Retirement Plan's numbers.

By total assets, Subsea 7 401(k) Retirement Plan ranks in the top 10% 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
Subsea 7 (US) LLC's sponsor-wide assets have grown 47.7% since 2022 across 3 plan years on file. More Professional & Technical Services plans

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 943425630.