Baker Hughes Oilfield Ops, A Subsidiary Of Baker Hughes Inc. 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2011. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.

Baker Hughes Oilfield Ops, A Subsidiary Of Baker Hughes Inc. 401(k) Plan Facts (plan year 2011)

Plan name
BJ SERVICES RETIREMENT THRIFT PLAN
Plan type
401(k) and profit sharing
Plan sponsor
BAKER HUGHES OILFIELD OPS, A SUBSIDIARY OF BAKER HUGHES INC.
Participants
7,853 (9,427 active employees)
Former employees with a balance
1,500
Plan assets
$375,625,338 at Dec 31, 2011
Average account balance
$36,668 across 10,244 accounts
Employer contributions
$26,266,223 in plan year 2011 (54% of all contributions)
Plan year
Jan 1, 2011 – Dec 31, 2011
Plan established
Jan 1, 1991
Employer contributions Automatic enrollment Default investment for undecided participants Participants choose their own investments Self-directed brokerage window Profit sharing Company stock (ESOP)

Source: Form 5500 for plan year 2011 (Jan 1, 2011 – Dec 31, 2011), filed Oct 3, 2012. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2011

  • $49.1 million went into the plan in contributions, $26.3 million of it from the employer (54%).
  • $88.8 million was paid out to participants.
  • Administrative expenses were $199,067, about $19 per account.

Baker Hughes Oilfield Ops, A Subsidiary Of Baker Hughes Inc. 401(k) Contact Information

Phone
713-439-8310
Mailing address
US FINANCIAL BENEFITS 2929 ALLEN PARKWAY, SUITE 2100, HOUSTON TX 77019
Plan sponsor
BAKER HUGHES OILFIELD OPS, A SUBSIDIARY OF BAKER HUGHES INC.
Employer identification number (EIN)
94-1302886
Plan number
001

Questions about the Baker Hughes Oilfield Ops, A Subsidiary Of Baker Hughes Inc. 401(k)

Is the Baker Hughes Oilfield Ops, A Subsidiary Of Baker Hughes Inc 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2011, and no later filing was found under this employer's EIN.

Does Baker Hughes Oilfield Ops, A Subsidiary Of Baker Hughes Inc contribute to the 401(k)?

The plan does not report an employer matching arrangement on its Form 5500. It did report $26.3 million in employer contributions for plan year 2011.

Does the Baker Hughes Oilfield Ops, A Subsidiary Of Baker Hughes Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Baker Hughes Oilfield Ops, A Subsidiary Of Baker Hughes Inc 401(k) plan?

7,853 participants at the start of plan year 2011, 9,427 of them active employees, and 1,500 former employees who still had money in the plan.

What is the average 401(k) balance at Baker Hughes Oilfield Ops, A Subsidiary Of Baker Hughes Inc?

About $36,668 per account: $375.6 million in plan assets across 10,244 accounts with a balance at the end of plan year 2011.

Who manages the Baker Hughes Oilfield Ops, A Subsidiary Of Baker Hughes Inc 401(k) accounts?

Fidelity NetBenefits is the plan's recordkeeper, which is where participants log in to see their balance.

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