401(k) · DOL Form 5500 · 2023

Saipem America, Inc. 401(k) Plan

Data updated 2026-08-25

$22M
Total assets Small plan by assets
151
Participants Small participant base
74th
Percentile by assets National rank
$145,332
Avg per participant Above avg balance/head
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Official DOL plan name: Saipem America, Inc. Employee Retirement Plan · Sponsored by Saipem America, Inc. · Texas · Professional & Technical Services

$22M in assets, 151 participants

Saipem America, Inc.'s Saipem America, Inc. Employee Retirement Plan reported $22M in total assets and 151 participants in its 2023 DOL Form 5500 filing, ranking in the 74th 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.

  • #15,109 in Professional & Technical Services (20,321 peers)

Coverage in Texas

Saipem America, Inc. Employee Retirement Plan covers 151 participants in Texas, about 22% of the average Texas filer (state average ~688 per filing). Assets: $22M.

#15,109
in Professional & Technical Services (20,321 peers)
+23.9%
assets growth YoY

Saipem America, Inc. Employee Retirement Plan's outsized position by total assets

Saipem America, Inc. Employee Retirement Plan vs every filed plan by assets

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

$21,945,071 Top 26% higher than 74% 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

Saipem America, Inc. Employee 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. Saipem America, Inc. Employee Retirement Plan sits mid-pack in the medium band (151 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Saipem America, Inc. Employee Retirement Plan reported net income rose from -$3M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Saipem America, Inc. Employee Retirement Plan end-of-year assets rose from $18M in the plan year 2022 filing to $22M in the plan year 2023 filing.
  • Saipem America, Inc. Employee Retirement Plan reported participants fell from 157 in the plan year 2022 filing to 151 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 760310017 · Saipem America, Inc. PY 2023 · 401(k)

Saipem America, Inc. Employee Retirement Plan · $22M · 151 · 74th

  • BOOK $22M
  • BOOK 151
  • BOOK 74th
  • BOOK 401(k)
  • BOOK near Katahdin Trust Company 401(k) Plan
  • BOOK ind #15109

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 →

Saipem America, Inc. Employee Retirement Plan in the asset neighbourhood

Saipem America, Inc. Employee Retirement PlanSaipem America, Inc. Employe…$22MCorporate Group, Inc. 401(k) PlanCorporate Group, Inc. 401(k)…$22MKatahdin Trust Company 401(k) PlanKatahdin Trust Company 401(k…$22MRendr Care Physicians 401(k) PlanRendr Care Physicians 401(k)…$22MThe Mcrae Industries, Inc. Employee Stock Ownership and Savings PlanThe Mcrae Industries, Inc. E…$22M
End-of-year total assets ($M) among Saipem America, Inc. Employee Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Texas filing particulars

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$22M
Net Income$4M
Employer EIN760310017
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Saipem America, Inc.)

Sponsor-wide plan assets over time

All Saipem America, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$27M 49.76393921703025% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $17.7M $26.5M ▲ +49.8%
Year Plans Participants Total Assets
2022 1 157 $18M
2023 1 151 $22M
2024 1 173 $27M

Nearby 401(k) Plans in Texas

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

Saipem America, Inc. Employee Retirement Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Saipem America, Inc. Employee Retirement Plan, Total assets ($B): 0.021945071 · Participants: 151Saipem America, Inc. Employee 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
Saipem America, Inc. Employee Retirement Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Saipem America, Inc. Employee Retirement Plan side-by-side with 3 peers →

Saipem America, Inc. Employee Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Katahdin Trust Company 401(k) Plan in ME ($22M); by covered participants it is Healthcorp Inc 401(k) Profit Sharing Plan & Trust in PA (151 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (151 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 Saipem America, Inc. Employee Retirement Plan assets move in 2023? ▼
Saipem America, Inc. Employee Retirement Plan grew sharply - up 23.9% during 2023, from $18M to $22M. Reported net income was $4M.
How have Saipem America, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Saipem America, Inc.'s sponsor-wide assets grew 49.8%, from $18M to $27M.
Which 401(k) plans are similar in size to Saipem America, Inc. Employee Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Katahdin Trust Company 401(k) Plan in ME ($22M, 185 participants).
Which 401(k) plans cover a similar participant headcount to Saipem America, Inc. Employee Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Healthcorp Inc 401(k) Profit Sharing Plan & Trust in PA (151 participants, N/A 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 760310017.

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.