401(k) · DOL Form 5500 · 2024

Subsea 7 (US) LLC 401(k) Plan

Data updated 2026-08-11

$153M
Total assets
673
Participants
93rd
Percentile by assets
$227,961
Avg per participant
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Official DOL plan name: Subsea 7 401(k) Retirement Plan · Sponsored by Subsea 7 (US) LLC · Texas · Professional & Technical Services

$153M in assets, 673 participants

Subsea 7 (US) LLC's Subsea 7 401(k) Retirement Plan reported $153M in total assets and 673 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.

  • 93rd percentile by assets (of 123,622 plans)
  • #19,006 in Professional & Technical Services (20,173 peers)

Where Subsea 7 401(k) Retirement Plan sits by assets

Subsea 7 401(k) Retirement Plan sits in the top 10% of all filed plans by assets, $153M for 673 participants (~$227,961/participant), up 19.7% in 2024.

$153M
total plan assets (2024 EOY)
673
covered participants
93rd
percentile by assets (of 123,622 plans)
$227,961
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Subsea 7 401(k) Retirement Plan end-of-year assets rose from $128M in the plan year 2023 filing to $153M in the plan year 2024 filing.
  • Subsea 7 401(k) Retirement Plan reported participants rose from 621 in the plan year 2023 filing to 673 in the plan year 2024 filing.
  • Subsea 7 401(k) Retirement Plan reported net income rose from $24M in the plan year 2023 filing to $25M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Subsea 7 401(k) Retirement Plan vs the 2024 asset distribution

By assets, Subsea 7 401(k) Retirement Plan outranks 93% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.5x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$128M
Net Assets (End of Year)$153M
Net Income$25M
Employer EIN943425630
Plan Effective Date2003-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Subsea 7 (US) LLC)

$80M$100M$120M$140M$160M 202220232024 $104M $153M ▲ +47.7%
Total plan assets by year, all Subsea 7 (US) LLC plans on file
Year Plans Participants Total Assets
2022 1 568 $104M
2023 1 621 $128M
2024 1 673 $153M

Nearby 401(k) Plans in Texas

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

Subsea 7 401(k) Retirement Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Subsea 7 401(k) Retirement Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Subsea 7 401(k) Reti…AT&T Retirement Savi…Exxonmobil Savings P…Chevron Employee Sav…Caterpillar 401(k) S…Southwest Airlines C…
Subsea 7 401(k) Retirement Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Subsea 7 401(k) Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Subsea 7 401(k) Retirement Plan assets move in 2024?
Subsea 7 401(k) Retirement Plan grew sharply - up 19.7% during 2024, from $128M to $153M. Reported net income was $25M.
How have Subsea 7 (US) LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Subsea 7 (US) LLC's sponsor-wide assets grew 47.7%, from $104M to $153M.
Where does Subsea 7 401(k) Retirement Plan rank by assets among Form 5500 filers?
Subsea 7 401(k) Retirement Plan ranks in the 93rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Subsea 7 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Pursuit Aerospace 401(k) Plan in CT ($153M, 1,691 participants).

Scale reading

Ways to act on Subsea 7 401(k) Retirement Plan's numbers.