401(k) · DOL Form 5500 · 2024

Dril-Quip, Inc. 401(k) Plan

Data updated 2026-08-25

$41M
Total assets Below avg plan size
536
Participants Below avg headcount
82nd
Percentile by assets National rank
$75,951
Avg per participant Below avg balance/head
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Official DOL plan name: Dril-Quip, Inc. Employee 401(k) Retirement Plan · Sponsored by Dril-Quip, Inc. · Texas · Retail Trade

$41M in assets, 536 participants

Dril-Quip, Inc.'s Dril-Quip, Inc. Employee 401(k) Retirement Plan reported $41M in total assets and 536 participants in its 2024 DOL Form 5500 filing, ranking in the 82nd 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.

  • #7,196 in Retail Trade (8,048 peers)

Where Dril-Quip, Inc. Employee 401(k) Retirement Plan sits by assets

Dril-Quip, Inc. Employee 401(k) Retirement Plan sits in the top quartile of all filed plans by assets, $41M for 536 participants (~$75,951/participant), down 57.3% in 2024.

#7,196
in Retail Trade (8,048 peers)
-57.3%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $54M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Dril-Quip, Inc. Employee 401(k) Retirement Plan's outsized position by total assets

Dril-Quip, Inc. Employee 401(k) Retirement Plan vs every filed plan by assets

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

$40,709,909 Top 18% higher than 82% 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

Dril-Quip, Inc. Employee 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. Dril-Quip, Inc. Employee 401(k) Retirement Plan sits mid-pack in the medium band (536 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Dril-Quip, Inc. Employee 401(k) Retirement Plan reported net income fell from $6M in the plan year 2023 filing to -$54M in the plan year 2024 filing.
  • Dril-Quip, Inc. Employee 401(k) Retirement Plan end-of-year assets fell from $95M in the plan year 2023 filing to $41M in the plan year 2024 filing.
  • Dril-Quip, Inc. Employee 401(k) Retirement Plan reported participants fell from 567 in the plan year 2023 filing to 536 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 742162088 · Dril-Quip, Inc. PY 2024 · 401(k)

Dril-Quip, Inc. Employee 401(k) Retirement Plan · $41M · 536 · 82nd

  • EBSA $41M
  • PART 536
  • TYPE 82nd
  • NET 401(k)
  • BOOK near Mammoth Energy Partners 401(k) Profit Sharing Plan and Trust
  • VS-ST ind #7196

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 Retail Trade retirement plans → · Plans in Texas →

Dril-Quip, Inc. Employee 401(k) Retirement Plan in the asset neighbourhood

Dril-Quip, Inc. Employee 401(k) Retirement PlanDril-Quip, Inc. Employee 401…$41MMammoth Energy Partners 401(k) Profit Sharing Plan and TrustMammoth Energy Partners 401(…$41MComputer Systems Center Inc 401(k) Retirement PlanComputer Systems Center Inc …$41MJfrog 401(k) Retirement Plan$41MWestern Nevada Supply Company 401(k) PlanWestern Nevada Supply Compan…$41M
End-of-year total assets ($M) among Dril-Quip, Inc. Employee 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)$95M
Net Assets (End of Year)$41M
Net Income-$54M
Employer EIN742162088
Plan Effective Date1988-08-22
Filing StatusFILING RECEIVED

Sponsor Plan History (Dril-Quip, Inc.)

Sponsor-wide plan assets over time

All Dril-Quip, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$41M 54.53324039673103% vs 2022
2024 filing year
$20M$40M$60M$80M$100M$120M 202220232024 $89.5M $40.7M ▼ -54.5%
Year Plans Participants Total Assets
2022 1 654 $90M
2023 1 567 $95M
2024 1 536 $41M

Nearby 401(k) Plans in Texas

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

Dril-Quip, Inc. Employee 401(k) Retirement Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Dril-Quip, Inc. Employee 401(k) Retirement Plan, Total assets ($B): 0.040709909 · Participants: 536Dril-Quip, Inc. Employee 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
Dril-Quip, Inc. Employee 401(k) Retirement Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Dril-Quip, Inc. Employee 401(k) Retirement Plan side-by-side with 3 peers →

Dril-Quip, Inc. Employee 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Mammoth Energy Partners 401(k) Profit Sharing Plan and Trust in OK ($41M); by covered participants it is Nippon Dynawave Packaging Co. 401(k) Plan in WA (536 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (536 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 Dril-Quip, Inc. Employee 401(k) Retirement Plan assets move in 2024? ▼
Dril-Quip, Inc. Employee 401(k) Retirement Plan contracted severely - down 57.3% during 2024, from $95M to $41M. Reported net income was -$54M.
How have Dril-Quip, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Dril-Quip, Inc.'s sponsor-wide assets declined 54.5%, from $90M to $41M.
Where does Dril-Quip, Inc. Employee 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Dril-Quip, Inc. Employee 401(k) Retirement Plan ranks in the 82nd 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 Dril-Quip, Inc. Employee 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Mammoth Energy Partners 401(k) Profit Sharing Plan and Trust in OK ($41M, 730 participants).
Which 401(k) plans cover a similar participant headcount to Dril-Quip, Inc. Employee 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Nippon Dynawave Packaging Co. 401(k) Plan in WA (536 participants, $92M 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 742162088.

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.