401(k) · DOL Form 5500 · 2024

Subsea 7 (US) LLC 401(k) Plan

Data updated 2026-08-25

$153M
Total assets Near avg plan size
673
Participants Below avg headcount
93rd
Percentile by assets National rank
$227,961
Avg per participant Above avg balance/head
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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.

  • #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.

#19,006
in Professional & Technical Services (20,173 peers)
+19.7%
assets growth YoY
1.5×
vs typical plan assets (national mean)

Subsea 7 401(k) Retirement Plan's outsized position by total assets

Subsea 7 401(k) Retirement Plan vs every filed plan by assets

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

$153,417,461 Top 7% higher than 93% 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

Subsea 7 401(k) 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. Subsea 7 401(k) Retirement Plan sits mid-pack in the medium band (673 participants).

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 →

Plan-year Form 5500 strip

Filing strip 943425630 · Subsea 7 (US) LLC PY 2024 · 401(k)

Subsea 7 401(k) Retirement Plan · $153M · 673 · 93rd

  • IND $153M
  • IND 673
  • IND 93rd
  • IND 401(k)
  • IND near Pursuit Aerospace 401(k) Plan
  • IND ind #19006

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 →

Subsea 7 401(k) Retirement Plan in the asset neighbourhood

Pursuit Aerospace 401(k) Plan$153MAmerican Pacific Mortgage Corporation 401(k) PlanAmerican Pacific Mortgage Co…$153MSubsea 7 401(k) Retirement PlanSubsea 7 401(k) Retirement P…$153MBimbo Bakeries USA Union Savings PlanBimbo Bakeries USA Union Sav…$153MHillyard 401(k) Plan$153M
End-of-year total assets ($M) among Subsea 7 401(k) 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)$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)

Sponsor-wide plan assets over time

All Subsea 7 (US) LLC plans reported in each filing year

Latest sponsor-wide plan assets
$153M 47.667998613888344% vs 2022
2024 filing year
$80M$100M$120M$140M$160M 202220232024 $104M $153M ▲ +47.7%
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 Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Subsea 7 401(k) Retirement Plan, Total assets ($B): 0.153417461 · Participants: 673Subsea 7 401(k) 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
Subsea 7 401(k) Retirement Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Subsea 7 401(k) Retirement Plan side-by-side with 3 peers →

Subsea 7 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Pursuit Aerospace 401(k) Plan in CT ($153M); by covered participants it is Key Auto Group 401(k) Plan in NH (673 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($153M here).

Similar participant headcount

Nearest other-state filings by covered participants (673 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 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).
Which 401(k) plans cover a similar participant headcount to Subsea 7 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Key Auto Group 401(k) Plan in NH (673 participants, $19M 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 943425630.

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.