401(k) · DOL Form 5500 · 2024
Baker Hughes Holdings LLC 401(k) Plan
Data updated 2026-08-11
- $4.0B
- Total assets
- 12,561
- Participants
- 100th
- Percentile by assets
- $319,572
- Avg per participant
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.
- 100th percentile by assets (of 123,622 plans)
- #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.
- $4.0B
- total plan assets (2024 EOY)
- 12,561
- covered participants
- 100th
- percentile by assets (of 123,622 plans)
- $319,572
- avg assets per participant
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.
Participants vs Texas filers
In Texas, the average filing covers about 688 participants across 10,116 plans. Baker Hughes Company 401(k) Plan reports 12,561 participants - 18x that state average ($4.0B EOY assets).
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)
| 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.
Baker Hughes Company 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants
- 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)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Baker Hughes Company 401(k) Plan by total assets, not by location.
- 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
Frequently Asked Questions
How did Baker Hughes Company 401(k) Plan assets move in 2024? ▼
How have Baker Hughes Holdings LLC plan assets changed over time? ▼
Where does Baker Hughes Company 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Baker Hughes Company 401(k) Plan? ▼
Next read for Baker Hughes Company 401(k) Plan
Filing takeaways
Ways to act on Baker Hughes Company 401(k) Plan's numbers.
- By total assets, Baker Hughes Company 401(k) Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Texas. Compare plans
- Baker Hughes Holdings LLC's sponsor-wide assets have grown 16.1% since 2022 across 3 plan years on file. More Mining & Oil Extraction plans