401(k) · DOL Form 5500 · 2023

Subsea 7 (US) LLC 401(k) Plan

Data updated 2026-08-25

$128M
Total assets Near avg plan size
621
Participants Below avg headcount
93rd
Percentile by assets National rank
$206,419
Avg per participant Above avg balance/head
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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.

  • #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.

#19,104
in Professional & Technical Services (20,321 peers)
+23.4%
assets growth YoY
1.3×
vs typical plan assets (national mean)

Subsea 7 401(k) Retirement Plan's outsized position 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

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 2023

Subsea 7 401(k) Retirement Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Subsea 7 401(k) Retirement Plan sits mid-pack in the medium band (621 participants).

What changed between DOL Form 5500 filings

plan year 2022 → 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 →

EBSA filing schedule strip

Filing strip 943425630 · Subsea 7 (US) LLC PY 2023 · 401(k)

Subsea 7 401(k) Retirement Plan · $128M · 621 · 93rd

  • EBSA $128M
  • PART 621
  • TYPE 93rd
  • NET 401(k)
  • BOOK near Unilever Advantage Savings Plan
  • VS-ST ind #19104

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 Professional & Technical Services retirement plans → · Plans in Texas →

Subsea 7 401(k) Retirement Plan in the asset neighbourhood

Rogers Memorial Hospital, Inc. 401(k) PlanRogers Memorial Hospital, In…$128MBrose North America, Inc. 401(k) Profit Sharing Plan and TrustBrose North America, Inc. 40…$128MSubsea 7 401(k) Retirement PlanSubsea 7 401(k) Retirement P…$128MUnilever Advantage Savings PlanUnilever Advantage Savings P…$128MBrown Rudnick LLP 401(k) Profit Sharing Plan aBrown Rudnick LLP 401(k) Pro…$128M
End-of-year total assets ($M) among Subsea 7 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$104M
Net Assets (End of Year)$128M
Net Income$24M
Employer EIN943425630
Plan Effective Date2003-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Subsea 7 (US) LLC)

Sponsor-wide plan assets over time

All Subsea 7 (US) LLC plans reported in each filing year

Latest sponsor-wide plan assets
$153M 47.667998613888344% vs 2022
2024 filing year
$80M$100M$120M$140M$160M 202220232024 $104M $153M ▲ +47.7%
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 Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Subsea 7 401(k) Retirement Plan, Total assets ($B): 0.128185932 · Participants: 621Subsea 7 401(k) Retirement PlanAT&T Retirement Savings Plan, Total assets ($B): 40.012012 · Participants: 119854AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.917 · Participants: 23477Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 16.496476432 · Participants: 41679Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 14.680189879 · Participants: 88792American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 13.529835 · Participants: 45686Dell Inc. 401(k) Plan
Subsea 7 401(k) Retirement Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Subsea 7 401(k) Retirement Plan side-by-side with 3 peers →

Subsea 7 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Unilever Advantage Savings Plan in NJ ($128M); by covered participants it is Chapman & Prime 401(k) Profit Sharing Plan in AL (621 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (621 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

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).
Which 401(k) plans cover a similar participant headcount to Subsea 7 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Chapman & Prime 401(k) Profit Sharing Plan in AL (621 participants, $3M in assets).

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.

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.