401(k) · DOL Form 5500 · 2024

Saipem America, Inc. 401(k) Plan

Data updated 2026-08-25

$27M
Total assets Below avg plan size
173
Participants Small participant base
75th
Percentile by assets National rank
$153,327
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Saipem America, Inc. Employee Retirement Plan · Sponsored by Saipem America, Inc. · Texas · Professional & Technical Services

$27M in assets, 173 participants

Saipem America, Inc.'s Saipem America, Inc. Employee Retirement Plan reported $27M in total assets and 173 participants in its 2024 DOL Form 5500 filing, ranking in the 75th 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.

  • #15,190 in Professional & Technical Services (20,173 peers)

Coverage in Texas

Saipem America, Inc. Employee Retirement Plan covers 173 participants in Texas, about 25% of the average Texas filer (state average ~688 per filing). Assets: $27M.

#15,190
in Professional & Technical Services (20,173 peers)
+20.9%
assets growth YoY
0.3×
vs typical plan assets (national mean)

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 2024 · DOL Form 5500

$26,525,500 Top 25% higher than 75% 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

Saipem America, Inc. Employee Retirement Plan among mid-size filed plans by headcount

Plan-year 2024 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 (173 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Saipem America, Inc. Employee Retirement Plan end-of-year assets rose from $22M in the plan year 2023 filing to $27M in the plan year 2024 filing.
  • Saipem America, Inc. Employee Retirement Plan reported participants rose from 151 in the plan year 2023 filing to 173 in the plan year 2024 filing.
  • Saipem America, Inc. Employee Retirement Plan reported net income rose from $4M in the plan year 2023 filing to $5M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 760310017 · Saipem America, Inc. PY 2024 · 401(k)

Saipem America, Inc. Employee Retirement Plan · $27M · 173 · 75th

  • NET $27M
  • NET 173
  • NET 75th
  • NET 401(k)
  • NET near The Pipe Line Development Company Employees' 401(k) Profit Sharing Plan & Trust
  • NET ind #15190

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…$27MThe Pipe Line Development Company Employees' 401(k) Profit Sharing Plan & TrustThe Pipe Line Development Co…$27MInvestors Management Trust Real Estate Group, Inc. 401(k) Retirement Savings PlanInvestors Management Trust R…$27MImperial Industries/Industrial Tank Retirement & Savings PlanImperial Industries/Industri…$27MShine Technologies, LLC 401(k) PlanShine Technologies, LLC 401(…$27M
End-of-year total assets ($M) among Saipem America, Inc. Employee Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Texas filing particulars

Total Assets (Beginning of Year)$22M
Net Assets (End of Year)$27M
Net Income$5M
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): 0.0265255 · Participants: 173Saipem America, Inc. Employee 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
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 The Pipe Line Development Company Employees' 401(k) Profit Sharing Plan & Trust in OH ($27M); by covered participants it is Gray & Skyler Electric Companies 401(k) Plan in CA (173 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (173 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 Saipem America, Inc. Employee Retirement Plan assets move in 2024? ▼
Saipem America, Inc. Employee Retirement Plan grew sharply - up 20.9% during 2024, from $22M to $27M. Reported net income was $5M.
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.
Where does Saipem America, Inc. Employee Retirement Plan rank by assets among Form 5500 filers? ▼
Saipem America, Inc. Employee Retirement Plan ranks in the 75th 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 Saipem America, Inc. Employee Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Pipe Line Development Company Employees' 401(k) Profit Sharing Plan & Trust in OH ($27M, 106 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 Gray & Skyler Electric Companies 401(k) Plan in CA (173 participants, $8M 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 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.