401(k) · DOL Form 5500 · 2023

Nabors Industries, Inc. 401(k) Plan

Data updated 2026-08-11

$336M
Total assets
5,112
Participants
96th
Percentile by assets
$65,755
Avg per participant
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Official DOL plan name: Nabors Industries, Inc. Retirement Savings Plan · Sponsored by Nabors Industries, Inc. · Texas · Mining & Oil Extraction

$336M in assets, 5,112 participants

Nabors Industries, Inc.'s Nabors Industries, Inc. Retirement Savings Plan reported $336M in total assets and 5,112 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 127,072 plans)
  • #754 in Mining & Oil Extraction (811 peers)

Coverage in Texas

Nabors Industries, Inc. Retirement Savings Plan covers 5,112 participants in Texas, 7.4x the typical Texas plan (state average ~688 per filing). Assets: $336M.

$336M
total plan assets (2023 EOY)
5,112
covered participants
96th
percentile by assets (of 127,072 plans)
$65,755
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Nabors Industries, Inc. Retirement Savings Plan reported net income rose from -$46M in the plan year 2022 filing to $54M in the plan year 2023 filing.
  • Nabors Industries, Inc. Retirement Savings Plan reported participants rose from 4,055 in the plan year 2022 filing to 5,112 in the plan year 2023 filing.
  • Nabors Industries, Inc. Retirement Savings Plan end-of-year assets rose from $282M in the plan year 2022 filing to $336M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Texas filers

In Texas, the average filing covers about 688 participants across 10,116 plans. Nabors Industries, Inc. Retirement Savings Plan reports 5,112 participants - 7.4x that state average ($336M EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)$282M
Net Assets (End of Year)$336M
Net Income$54M
Employer EIN930711613
Plan Effective Date1991-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Nabors Industries, Inc.)

$250M$300M$350M$400M 202220232024 $282M $371M ▲ +31.6%
Total plan assets by year, all Nabors Industries, Inc. plans on file
Year Plans Participants Total Assets
2022 1 4,055 $282M
2023 1 5,112 $336M
2024 1 4,265 $371M

Nearby 401(k) Plans in Texas

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

Nabors Industries, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Nabors Industries, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Nabors Industries, I…AT&T Retirement Savi…Exxonmobil Savings P…Caterpillar 401(k) S…American Airlines, I…Dell Inc. 401(k) Plan
Nabors Industries, Inc. Retirement Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Scale composition for Nabors Industries, Inc. Retirement Savings Plan

Nabors Industries, Inc. Retirement Savings Plan reports $336M in end-of-year assets across 5,112 participants (0.003% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.005% of 93,925,755 covered participants) - about $65,755 per participant (48% of the national average assets-per-participant) . Net income for plan year 2023 was $54M.

This plan identity (EIN 930711613, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $282M to $371M (+31.5%) while covered participants moved from 4,055 to 4,265 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 4,055 $282M Open filing
2023 5,112 $336M This page
2024 · index core 4,265 $371M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Nabors Industries, Inc. Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Nabors Industries, Inc. Retirement Savings Plan assets move in 2023?
Nabors Industries, Inc. Retirement Savings Plan grew sharply - up 19.2% during 2023, from $282M to $336M. Reported net income was $54M.
How have Nabors Industries, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Nabors Industries, Inc.'s sponsor-wide assets grew 31.5%, from $282M to $371M.
Where does Nabors Industries, Inc. Retirement Savings Plan rank by assets among Form 5500 filers?
Nabors Industries, Inc. Retirement Savings Plan ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Nabors Industries, Inc. Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is San Manuel Band of Mission Indians 401(k) Plan in CA ($336M, 7,298 participants).

Next read for Nabors Industries, Inc. Retirement Savin…

Filing takeaways

Ways to act on Nabors Industries, Inc. Retirement Savings Plan's numbers.