401(k) · DOL Form 5500 · 2024

Maverick Tube Corporation 401(k) Plan

Data updated 2026-08-25

$366M
Total assets Above avg plan size
3,635
Participants Above avg headcount
96th
Percentile by assets National rank
$100,724
Avg per participant Below avg balance/head
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Official DOL plan name: Tenaris 401(k) Savings Plan · Sponsored by Maverick Tube Corporation · Texas · Manufacturing

$366M in assets, 3,635 participants

Maverick Tube Corporation's Tenaris 401(k) Savings Plan reported $366M in total assets and 3,635 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.

  • #16,763 in Manufacturing (17,777 peers)

Coverage in Texas

Tenaris 401(k) Savings Plan covers 3,635 participants in Texas, 5.3x the typical Texas plan (state average ~688 per filing). Assets: $366M.

#16,763
in Manufacturing (17,777 peers)
+21.6%
assets growth YoY
3.7×
vs typical plan assets (national mean)

Tenaris 401(k) Savings Plan's outsized position by total assets

Tenaris 401(k) Savings Plan vs every filed plan by assets

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

$366,131,652 Top 4% higher than 96% 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

Tenaris 401(k) Savings Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Tenaris 401(k) Savings Plan lands in the large band (3,635 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Tenaris 401(k) Savings Plan end-of-year assets rose from $301M in the plan year 2023 filing to $366M in the plan year 2024 filing.
  • Tenaris 401(k) Savings Plan reported net income fell from $72M in the plan year 2023 filing to $65M in the plan year 2024 filing.
  • Tenaris 401(k) Savings Plan reported participants rose from 3,380 in the plan year 2023 filing to 3,635 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 431455766 · Maverick Tube Corporation PY 2024 · 401(k)

Tenaris 401(k) Savings Plan · $366M · 3,635 · 96th

  • RANK $366M
  • RANK 3,635
  • RANK 96th
  • RANK 401(k)
  • RANK near Leidos Biomedical Research, Inc. Capital Accumulation Plan
  • RANK ind #16763

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 Manufacturing retirement plans → · Plans in Texas →

Tenaris 401(k) Savings Plan in the asset neighbourhood

Cambridge Associates, LLC 401(k) Savings Plan & TrustCambridge Associates, LLC 40…$366MSunrun Inc. 401(k) Plan$366MLeidos Biomedical Research, Inc. Capital Accumulation PlanLeidos Biomedical Research, …$366MTenaris 401(k) Savings Plan$366MAlterra Mountain Company U.S. Inc. 401(k) Retirement PlanAlterra Mountain Company U.S…$366M
End-of-year total assets ($M) among Tenaris 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Texas filing particulars

Total Assets (Beginning of Year)$301M
Net Assets (End of Year)$366M
Net Income$65M
Employer EIN431455766
Plan Effective Date1979-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Maverick Tube Corporation)

Sponsor-wide plan assets over time

All Maverick Tube Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$366M 21.580505839168588% vs 2023
2024 filing year
$280M$300M$320M$340M$360M$380M 20232024 $301M $366M ▲ +21.6%
Year Plans Participants Total Assets
2023 1 3,380 $301M
2024 1 3,635 $366M

Nearby 401(k) Plans in Texas

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

Tenaris 401(k) Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Tenaris 401(k) Savings Plan, Total assets ($B): 0.366131652 · Participants: 3635Tenaris 401(k) Savings 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
Tenaris 401(k) Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Tenaris 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Leidos Biomedical Research, Inc. Capital Accumulation Plan in MD ($366M); by covered participants it is Power Profit Sharing 401(k) Plan in ID (3,637 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (3,635 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 Tenaris 401(k) Savings Plan assets move in 2024?
Tenaris 401(k) Savings Plan grew sharply - up 21.6% during 2024, from $301M to $366M. Reported net income was $65M.
How have Maverick Tube Corporation plan assets changed over time?
Across 2 plan years on file (2023-2024), Maverick Tube Corporation's sponsor-wide assets grew 21.6%, from $301M to $366M.
Where does Tenaris 401(k) Savings Plan rank by assets among Form 5500 filers?
Tenaris 401(k) Savings Plan ranks in the 96th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Tenaris 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Leidos Biomedical Research, Inc. Capital Accumulation Plan in MD ($366M, 2,429 participants).
Which 401(k) plans cover a similar participant headcount to Tenaris 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Power Profit Sharing 401(k) Plan in ID (3,637 participants, $592M in assets).