401(k) · DOL Form 5500 · 2024
Baker Hughes Holdings LLC 401(k) Plan
Data updated 2026-08-25
- $4.0B
- Total assets Very large vs avg
- 12,561
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $319,572
- Avg per participant High balance/head
Official DOL plan name: Baker Hughes Company 401(k) Plan · Sponsored by Baker Hughes Holdings LLC · Texas · Mining & Oil Extraction
$4.0B in assets, 12,561 participants
Baker Hughes Holdings LLC's Baker Hughes Company 401(k) Plan reported $4.0B in total assets and 12,561 participants in its 2024 DOL Form 5500 filing, ranking in the 100th 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.
- #782 in Mining & Oil Extraction (785 peers)
Coverage in Texas
Baker Hughes Company 401(k) Plan covers 12,561 participants in Texas, 18x the typical Texas plan (state average ~688 per filing). Assets: $4.0B.
- #782
- in Mining & Oil Extraction (785 peers)
- +7.1%
- assets growth YoY
- 40×
- vs typical plan assets (national mean)
Baker Hughes Company 401(k) Plan's outsized position by total assets
Baker Hughes Company 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$4,014,142,585 Highest reported value at or above every one of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Baker Hughes Company 401(k) Plan's mega-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Baker Hughes Company 401(k) Plan is a mega filing (12,561 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Baker Hughes Company 401(k) Plan reported net income fell from $481M in the plan year 2023 filing to $222M in the plan year 2024 filing.
- Baker Hughes Company 401(k) Plan end-of-year assets rose from $3.7B in the plan year 2023 filing to $4.0B in the plan year 2024 filing.
- Baker Hughes Company 401(k) Plan reported participants fell from 12,917 in the plan year 2023 filing to 12,561 in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 760207995 · Baker Hughes Holdings LLC PY 2024 · 401(k)
Baker Hughes Company 401(k) Plan · $4.0B · 12,561 · 100th
- IND $4.0B
- IND 12,561
- IND 100th
- IND 401(k)
- IND near Fifth Third Bancorp 401(k) Savings Plan
- IND ind #782
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 →
Baker Hughes Company 401(k) Plan in the asset neighbourhood
Texas filing particulars
| Total Assets (Beginning of Year) | $3.7B |
|---|---|
| Net Assets (End of Year) | $4.0B |
| Net Income | $222M |
| Employer EIN | 760207995 |
| Plan Effective Date | 1981-09-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Baker Hughes Holdings LLC)
Sponsor-wide plan assets over time
All Baker Hughes Holdings LLC plans reported in each filing year
- Latest sponsor-wide plan assets
- $4.4B 16.125538044481857% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 17,990 | $3.8B |
| 2023 | 2 | 18,270 | $4.3B |
| 2024 | 2 | 17,422 | $4.4B |
Nearby 401(k) Plans in Texas
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- AT&T Retirement Savings Plan $43.1B · 109,889
- Exxonmobil Savings Plan $23.7B · 21,990
- Chevron Employee Savings Investment Plan $20.4B · 21,505
- Caterpillar 401(k) Savings Plan $18.8B · 43,873
- Southwest Airlines Co. Retirement Savings Plan $17.0B · 67,820
Scale composition for Baker Hughes Company 401(k) Plan
Baker Hughes Company 401(k) Plan reports $4.0B in end-of-year assets across 12,561 participants (0.033% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.013% of 93,925,755 covered participants) - about $319,572 per participant (2.3x the national average assets-per-participant) . Net income for plan year 2024 was $222M.
This plan identity (EIN 760207995, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $3.3B to $4.0B (+23.5%) while covered participants moved from 12,264 to 12,561 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 12,264 | $3.3B | Open filing |
| 2023 | 12,917 | $3.7B | Open filing |
| 2024 · index core | 12,561 | $4.0B | This page |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Baker Hughes Company Pension Plan (Defined Benefit (Pension), $356M, 4,861 participants)
Baker Hughes Company 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside Texas, the nearest 401(k) by assets is Fifth Third Bancorp 401(k) Savings Plan in OH ($4.0B); by covered participants it is International Paper Company Salaried Savings Plan in TN (12,564 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($4.0B here).
- Fifth Third Bancorp 401(k) Savings Plan (OH) $4.0B · 19,005
- Eversource 401(k) Plan (CT) $4.0B · 10,041
- Xerox Corporation Savings Plan (CT) $4.0B · 9,876
- Corning Incorporated Investment Plan (NY) $4.1B · 11,946
Similar participant headcount
Nearest other-state filings by covered participants (12,561 participants); asset peers above are excluded.
- International Paper Company Salaried Savings Plan (TN) 12,564 · 3 off
- Barclays 401(k) Plan (NY) 12,572 · 11 off
- Firstenergy Corp. Savings Plan (OH) 12,582 · 21 off
- Icon Clinical Research, LLC 401(k) Plan (PA) 12,588 · 27 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.