401(k) · DOL Form 5500 · 2024

Sbm Offshore USA, Inc. 401(k) Plan

Data updated 2026-08-25

$88M
Total assets Below avg plan size
32
Participants Small participant base
89th
Percentile by assets National rank
$2.8M
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Sbm Offshore USA, Inc. Savings and Retirement Plan · Sponsored by Sbm Offshore USA, Inc. · Texas · Mining & Oil Extraction

$88M in assets, 32 participants

Sbm Offshore USA, Inc.'s Sbm Offshore USA, Inc. Savings and Retirement Plan reported $88M in total assets and 32 participants in its 2024 DOL Form 5500 filing, ranking in the 89th 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.

  • #622 in Mining & Oil Extraction (785 peers)

Where Sbm Offshore USA, Inc. Savings and Retirement Plan sits by assets

Sbm Offshore USA, Inc. Savings and Retirement Plan sits in the top quartile of all filed plans by assets, $88M for 32 participants (~$2.8M/participant), down 3.0% in 2024.

#622
in Mining & Oil Extraction (785 peers)
-3.0%
assets change YoY
0.9×
vs typical plan assets (national mean)

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Sbm Offshore USA, Inc. Savings and Retirement Plan's outsized position by total assets

Sbm Offshore USA, Inc. Savings and Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$88,036,113 Top 11% higher than 89% of 123,620 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 2024

Sbm Offshore USA, Inc. Savings and Retirement Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Sbm Offshore USA, Inc. Savings and Retirement Plan is a small filing (32 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Sbm Offshore USA, Inc. Savings and Retirement Plan reported net income fell from $6M in the plan year 2023 filing to -$3M in the plan year 2024 filing.
  • Sbm Offshore USA, Inc. Savings and Retirement Plan reported participants fell from 34 in the plan year 2023 filing to 32 in the plan year 2024 filing.
  • Sbm Offshore USA, Inc. Savings and Retirement Plan end-of-year assets fell from $91M in the plan year 2023 filing to $88M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 954278218 · Sbm Offshore USA, Inc. PY 2024 · 401(k)

Sbm Offshore USA, Inc. Savings and Retirement Plan · $88M · 32 · 89th

  • EIN $88M
  • EIN 32
  • EIN 89th
  • EIN 401(k)
  • EIN near Apellis Pharmaceuticals, Inc. 401(k) Plan
  • EIN ind #622

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 →

Sbm Offshore USA, Inc. Savings and Retirement Plan in the asset neighbourhood

Team Brandt, LLC 401(k) and Profit Sharing PlanTeam Brandt, LLC 401(k) and …$88MSbm Offshore USA, Inc. Savings and Retirement PlanSbm Offshore USA, Inc. Savin…$88MApellis Pharmaceuticals, Inc. 401(k) PlanApellis Pharmaceuticals, Inc…$88MHoward Industries, Inc. Retirement Savings PlanHoward Industries, Inc. Reti…$88MCentromotion 401(k) Plan$88M
End-of-year total assets ($M) among Sbm Offshore USA, Inc. Savings and Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$91M
Net Assets (End of Year)$88M
Net Income-$3M
Employer EIN954278218
Plan Effective Date1990-07-16
Filing StatusFILING RECEIVED

Sponsor Plan History (Sbm Offshore USA, Inc.)

Sponsor-wide plan assets over time

All Sbm Offshore USA, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$88M 3.942616938924558% vs 2022
2024 filing year
$84M$86M$88M$90M$92M 202220232024 $84.7M $88M ▲ +3.9%
Year Plans Participants Total Assets
2022 1 38 $85M
2023 1 34 $91M
2024 1 32 $88M

Nearby 401(k) Plans in Texas

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

Sbm Offshore USA, Inc. Savings and Retirement Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Sbm Offshore USA, Inc. Savings and Retirement Plan, Total assets ($B): 0.088036113 · Participants: 32Sbm Offshore USA, Inc. Savings and Retirement PlanAT&T Retirement Savings Plan, Total assets ($B): 43.121795 · Participants: 109889AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 23.711 · Participants: 21990Exxonmobil Savings PlanChevron Employee Savings Investment Plan, Total assets ($B): 20.378704663 · Participants: 21505Chevron Employee Savings Investment PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 18.81200478 · Participants: 43873Caterpillar 401(k) Savings PlanSouthwest Airlines Co. Retirement Savings Plan, Total assets ($B): 16.991748637 · Participants: 67820Southwest Airlines Co. Retirement Savings Plan
Sbm Offshore USA, Inc. Savings and Retirement Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Sbm Offshore USA, Inc. Savings and Retirement Plan side-by-side with 3 peers →

Sbm Offshore USA, Inc. Savings and Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Apellis Pharmaceuticals, Inc. 401(k) Plan in MA ($88M); by covered participants it is Red Collar Pet Foods, Inc. Retirement Plan in TN (32 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($88M here).

Similar participant headcount

Nearest other-state filings by covered participants (32 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Sbm Offshore USA, Inc. Savings and Retirement Plan assets move in 2024? ▼
Sbm Offshore USA, Inc. Savings and Retirement Plan edged down modestly - down 3.0% during 2024, from $91M to $88M. Reported net income was -$3M.
How have Sbm Offshore USA, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Sbm Offshore USA, Inc.'s sponsor-wide assets grew 3.9%, from $85M to $88M.
Where does Sbm Offshore USA, Inc. Savings and Retirement Plan rank by assets among Form 5500 filers? ▼
Sbm Offshore USA, Inc. Savings and Retirement Plan ranks in the 89th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Sbm Offshore USA, Inc. Savings and Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Apellis Pharmaceuticals, Inc. 401(k) Plan in MA ($88M, 579 participants).
Which 401(k) plans cover a similar participant headcount to Sbm Offshore USA, Inc. Savings and Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Red Collar Pet Foods, Inc. Retirement Plan in TN (32 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 954278218.

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.