401(k) · DOL Form 5500 · 2023

Saudi Aramco Rowan Offshore Drilling Company (a Ksa Joint Venture) 401(k) Plan

Data updated 2026-08-25

$66M
Total assets Below avg plan size
205
Participants Below avg headcount
88th
Percentile by assets National rank
$320,530
Avg per participant High balance/head
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Official DOL plan name: Aro Drilling 401(k) Plan · Sponsored by Saudi Aramco Rowan Offshore Drilling Company (a Ksa Joint Venture) · Texas · Mining & Oil Extraction

$66M in assets, 205 participants

Saudi Aramco Rowan Offshore Drilling Company (a Ksa Joint Venture)'s Aro Drilling 401(k) Plan reported $66M in total assets and 205 participants in its 2023 DOL Form 5500 filing, ranking in the 88th 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.

  • #621 in Mining & Oil Extraction (811 peers)

Coverage in Texas

Aro Drilling 401(k) Plan covers 205 participants in Texas, about 30% of the average Texas filer (state average ~688 per filing). Assets: $66M.

#621
in Mining & Oil Extraction (811 peers)
+21.8%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Aro Drilling 401(k) Plan's outsized position by total assets

Aro Drilling 401(k) Plan vs every filed plan by assets

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

$65,708,551 Top 12% higher than 88% 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

Aro Drilling 401(k) 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. Aro Drilling 401(k) Plan sits mid-pack in the medium band (205 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Aro Drilling 401(k) Plan reported net income rose from -$11M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • Aro Drilling 401(k) Plan end-of-year assets rose from $54M in the plan year 2022 filing to $66M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 981500138 · Saudi Aramco Rowan Offshore Drilling Company (a Ksa Joint Venture) PY 2023 · 401(k)

Aro Drilling 401(k) Plan · $66M · 205 · 88th

  • EIN $66M
  • RANK 205
  • PHOTO 88th
  • IND 401(k)
  • EOY near Home Federal Bank of Tennessee 401(k) Profit Sharing Plan
  • 5500 ind #621

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 Mining & Oil Extraction retirement plans → · Plans in Texas →

Aro Drilling 401(k) Plan in the asset neighbourhood

Aro Drilling 401(k) Plan$66MHome Federal Bank of Tennessee 401(k) Profit Sharing PlanHome Federal Bank of Tenness…$66MAdvanced Lighting Technologies 401(k) Retirement and Savings PlanAdvanced Lighting Technologi…$66MSpartan Light Metal Products 401(k) Profit Sharing PlanSpartan Light Metal Products…$66MCnhi, LLC 401(k) Plan$66M
End-of-year total assets ($M) among Aro Drilling 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Texas filing particulars

Total Assets (Beginning of Year)$54M
Net Assets (End of Year)$66M
Net Income$12M
Employer EIN981500138
Plan Effective Date1995-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Saudi Aramco Rowan Offshore Drilling Company (a Ksa Joint Venture))

Sponsor-wide plan assets over time

All Saudi Aramco Rowan Offshore Drilling Company (a Ksa Joint Venture) plans reported in each filing year

Latest sponsor-wide plan assets
$66M 21.859576064530316% vs 2022
2024 filing year
$50M$55M$60M$65M$70M 202220232024 $53.9M $65.7M ▲ +21.9%
Year Plans Participants Total Assets
2022 1 203 $54M
2023 1 205 $66M
2024 1 189 $66M

Nearby 401(k) Plans in Texas

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

Aro Drilling 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Aro Drilling 401(k) Plan, Total assets ($B): 0.065708551 · Participants: 205Aro Drilling 401(k) 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
Aro Drilling 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Aro Drilling 401(k) Plan side-by-side with 3 peers →

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

Outside Texas, the nearest 401(k) by assets is Home Federal Bank of Tennessee 401(k) Profit Sharing Plan in TN ($66M); by covered participants it is Healthstar Physicians 401(k) & Profit Sharing Plan in AR (205 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (205 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 Aro Drilling 401(k) Plan assets move in 2023? ▼
Aro Drilling 401(k) Plan grew sharply - up 21.8% during 2023, from $54M to $66M. Reported net income was $12M.
How have Saudi Aramco Rowan Offshore Drilling Company (a Ksa Joint Venture) plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Saudi Aramco Rowan Offshore Drilling Company (a Ksa Joint Venture)'s sponsor-wide assets grew 21.9%, from $54M to $66M.
Where does Aro Drilling 401(k) Plan rank by assets among Form 5500 filers? ▼
Aro Drilling 401(k) Plan ranks in the 88th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Aro Drilling 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Home Federal Bank of Tennessee 401(k) Profit Sharing Plan in TN ($66M, 372 participants).
Which 401(k) plans cover a similar participant headcount to Aro Drilling 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Healthstar Physicians 401(k) & Profit Sharing Plan in AR (205 participants, $1M 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 981500138.

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.