401(k) · DOL Form 5500 · 2023

Mcdermott Investments 401(k) Plan

Data updated 2026-08-25

$1.3B
Total assets Very large vs avg
3,316
Participants Above avg headcount
99th
Percentile by assets National rank
$394,793
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Mcdermott Savings Plan · Sponsored by Mcdermott Investments · Texas · Construction

$1.3B in assets, 3,316 participants

Mcdermott Investments's Mcdermott Savings Plan reported $1.3B in total assets and 3,316 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

  • #8,938 in Construction (9,030 peers)

Coverage in Texas

Mcdermott Savings Plan covers 3,316 participants in Texas, 4.8x the typical Texas plan (state average ~688 per filing). Assets: $1.3B.

#8,938
in Construction (9,030 peers)
+9.0%
assets growth YoY
13×
vs typical plan assets (national mean)

Mcdermott Savings Plan's outsized position by total assets

Mcdermott Savings Plan vs every filed plan by assets

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

$1,309,132,293 Top 1% higher than 99% 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

Mcdermott Savings Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Mcdermott Savings Plan lands in the large band (3,316 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mcdermott Savings Plan reported net income rose from -$437M in the plan year 2022 filing to $108M in the plan year 2023 filing.
  • Mcdermott Savings Plan reported participants fell from 3,753 in the plan year 2022 filing to 3,316 in the plan year 2023 filing.
  • Mcdermott Savings Plan end-of-year assets rose from $1.2B in the plan year 2022 filing to $1.3B in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 741032246 · Mcdermott Investments PY 2023 · 401(k)

Mcdermott Savings Plan · $1.3B · 3,316 · 99th

  • NET $1.3B
  • BOOK 3,316
  • VS-ST 99th
  • BOY 401(k)
  • SCH near Equifax Inc. 401(k) Plan
  • EBSA ind #8938

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 Savings Plan in the asset neighbourhood

Mcdermott Savings Plan$1.3BEquifax Inc. 401(k) Plan$1.3BSkadden Arps Slate Meagher & Flom Savings PlanSkadden Arps Slate Meagher &…$1.3BVsp Retirement Plan$1.3BSonoco Retirement & Savings PlanSonoco Retirement & Savings …$1.3B
End-of-year total assets ($B) among Mcdermott Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Texas filing particulars

Total Assets (Beginning of Year)$1.2B
Net Assets (End of Year)$1.3B
Net Income$108M
Employer EIN741032246
Plan Effective Date1978-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mcdermott Investments)

Sponsor-wide plan assets over time

All Mcdermott Investments plans reported in each filing year

Latest sponsor-wide plan assets
$1.4B 12.089219391063247% vs 2022
2024 filing year
$1.15B$1.2B$1.25B$1.3B$1.35B$1.4B 202220232024 $1.21B $1.35B ▲ +11.6%
Year Plans Participants Total Assets
2022 2 3,793 $1.2B
2023 2 3,353 $1.3B
2024 1 3,605 $1.4B

Nearby 401(k) Plans in Texas

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

Mcdermott Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Mcdermott Savings Plan, Total assets ($B): 1.309132293 · Participants: 3316Mcdermott Savings 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
Mcdermott Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Mcdermott Savings Plan side-by-side with 3 peers →

Mcdermott Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Equifax Inc. 401(k) Plan in GA ($1.3B); by covered participants it is Telus International (U.S.) Corp. 401(k) Plan in NV (3,316 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.3B here).

Similar participant headcount

Nearest other-state filings by covered participants (3,316 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 Mcdermott Savings Plan assets move in 2023? ▼
Mcdermott Savings Plan grew at a solid clip - up 9.0% during 2023, from $1.2B to $1.3B. Reported net income was $108M.
How have Mcdermott Investments plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mcdermott Investments's sponsor-wide assets grew 12.1%, from $1.2B to $1.4B.
Where does Mcdermott Savings Plan rank by assets among Form 5500 filers? ▼
Mcdermott Savings Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Mcdermott Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Equifax Inc. 401(k) Plan in GA ($1.3B, 7,486 participants).
Which 401(k) plans cover a similar participant headcount to Mcdermott Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Telus International (U.S.) Corp. 401(k) Plan in NV (3,316 participants, $47M 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 741032246.

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.