Defined Benefit (Pension) · DOL Form 5500 · 2023

J. Ray Mcdermott Holdings, LLC Pension Plan

Data updated 2026-08-25

$546K
Total assets Small plan by assets
12
Participants Small participant base
19th
Percentile by assets National rank
$45,462
Avg per participant Low balance/head
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Official DOL plan name: Mcdermott (U.S.) Retirement Plan · Sponsored by J. Ray Mcdermott Holdings, LLC · Texas · Construction

$546K in assets, 12 participants

J. Ray Mcdermott Holdings, LLC's Mcdermott (U.S.) Retirement Plan reported $546K in total assets and 12 participants in its 2023 DOL Form 5500 filing, ranking in the 19th 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.

  • #1,543 in Construction (9,030 peers)

J. Ray Mcdermott Holdings, LLC multi-year trail

J. Ray Mcdermott Holdings, LLC's plans moved -99.9% in assets from 2022 to 2023; this filing shows Mcdermott (U.S.) Retirement Plan at $546K / 12 participants.

#1,543
in Construction (9,030 peers)
-99.9%
assets change YoY

The plan reported a net loss of $354M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Mcdermott (U.S.) Retirement Plan among the smaller filed plans by assets

Mcdermott (U.S.) Retirement Plan vs every filed plan by assets

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

$545,539 19th percentile higher than 19% 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 (U.S.) Retirement Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Mcdermott (U.S.) Retirement Plan is a small filing (12 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mcdermott (U.S.) Retirement Plan reported net income fell from -$125M in the plan year 2022 filing to -$354M in the plan year 2023 filing.
  • Mcdermott (U.S.) Retirement Plan end-of-year assets fell from $366M in the plan year 2022 filing to $546K in the plan year 2023 filing.
  • Mcdermott (U.S.) Retirement Plan reported participants fell from 59 in the plan year 2022 filing to 12 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 721280625 · J. Ray Mcdermott Holdings, LLC PY 2023 · Defined Benefit (Pension)

Mcdermott (U.S.) Retirement Plan · $546K · 12 · 19th

  • ASSETS $546K
  • ASSETS 12
  • ASSETS 19th
  • ASSETS Defined Benefit (Pension)
  • ASSETS near Qfs, Inc. Defined Benefit Pension Plan
  • ASSETS ind #1543

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 (U.S.) Retirement Plan in the asset neighbourhood

Mcdermott (U.S.) Retirement PlanMcdermott (U.S.) Retirement …$546KHawaiian Telcom Management Pension PlanHawaiian Telcom Management P…$550KQfs, Inc. Defined Benefit Pension PlanQfs, Inc. Defined Benefit Pe…$545KWindow Cleaners Local 16 Pension FundWindow Cleaners Local 16 Pen…$543KVivaswan Technologies, Inc. Defined Benefit Pension Plan & TrustVivaswan Technologies, Inc. …$541K
End-of-year total assets ($M) among Mcdermott (U.S.) Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

J. Ray Mcdermott Holdings, LLC multi-year asset trail

Sponsor-wide plan assets over time

All J. Ray Mcdermott Holdings, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$546K 99.85087230974564% vs 2022
2023 filing year
$0M$200M$400M$600M 20222023 $366M $0.55M ▼ -99.8%
Year Plans Participants Total Assets
2022 1 59 $366M
2023 1 12 $546K

J. Ray Mcdermott Holdings, LLC filing trail (2023)

Total Assets (Beginning of Year)$366M
Net Assets (End of Year)$544K
Net Income-$354M
Employer EIN721280625
Plan Effective Date1995-04-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Texas

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Mcdermott (U.S.) Retirement Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Mcdermott (U.S.) Retirement Plan, Total assets ($B): 0.000545539 · Participants: 12Mcdermott (U.S.) Retirement PlanAT&T Pension Benefit Plan, Total assets ($B): 30.018512 · Participants: 107859AT&T Pension Benefit PlanShell Pension Plan, Total assets ($B): 15.133347097 · Participants: 12215Shell Pension PlanExxonmobil Pension Plan, Total assets ($B): 12.015 · Participants: 22551Exxonmobil Pension PlanCaterpillar Inc. Retirement Income Plan, Total assets ($B): 9.803014695 · Participants: 12138Caterpillar Inc. Retirement Income PlanBp Retirement Accumulation Plan, Total assets ($B): 5.493677099 · Participants: 9360Bp Retirement Accumulation Plan
Mcdermott (U.S.) Retirement Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants
Compare Mcdermott (U.S.) Retirement Plan side-by-side with 3 peers →

Mcdermott (U.S.) Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Texas, the nearest Defined Benefit (Pension) by assets is Qfs, Inc. Defined Benefit Pension Plan in CA ($545K); by covered participants it is Niagara Frontier Anesthesia Services, LLP Cash Balance Plan in NY (12 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (12 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 (U.S.) Retirement Plan assets move in 2023? ▼
Mcdermott (U.S.) Retirement Plan contracted severely - down 99.9% during 2023, from $366M to $546K. Reported net income was -$354M.
How have J. Ray Mcdermott Holdings, LLC plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), J. Ray Mcdermott Holdings, LLC's sponsor-wide assets declined 99.9%, from $366M to $546K.
Where does Mcdermott (U.S.) Retirement Plan rank by assets among Form 5500 filers? ▼
Mcdermott (U.S.) Retirement Plan ranks in the 19th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which Defined Benefit (Pension) plans are similar in size to Mcdermott (U.S.) Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Qfs, Inc. Defined Benefit Pension Plan in CA ($545K, N/A participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Mcdermott (U.S.) Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Niagara Frontier Anesthesia Services, LLP Cash Balance Plan in NY (12 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 721280625.

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.