Dril-quip, Inc. 401(k) Plan: Login, Facts & Contact Information

Dril-quip, Inc. 401(k) Plan Facts

Plan name
DRIL-QUIP, INC. EMPLOYEE 401(K) RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
DRIL-QUIP, INC.
Participants
1,367 (500 active employees)
Former employees with a balance
325
Plan assets
$40,709,909 at Dec 31, 2024
Average account balance
$47,782 across 852 accounts
Employer contributions
$1,579,442 in plan year 2024 (33% of all contributions)
Recordkeeper
Empower Annuity Insurance Company O
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Aug 22, 1988
✓ 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 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 15, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $4.78 million went into the plan in contributions, $1.58 million of it from the employer (33%).
  • $70.2 million was paid out to participants.
  • Investment and other income added $11.8 million.
  • Administrative expenses were $123,353, about $145 per account.

How the Dril-quip, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20191,323$106.2 million$2.77 million$18.0 million
20201,197$104.6 million$1.53 million$20.8 million
20211,058$109.8 million$882$12.6 million
2022994$89.5 million$1.58 million$11.3 million
2023906$95.2 million$2.14 million$13.4 million
20241,367$40.7 million$1.58 million$70.2 million

Dril-quip, Inc. 401(k) Contact Information

Phone
713-939-7711
Mailing address
6401 N. ELDRIDGE PKY, HOUSTON TX 77041
Plan sponsor
DRIL-QUIP, INC.
Employer identification number (EIN)
74-2162088
Plan number
001

Questions about the Dril-quip, Inc. 401(k)

Does Dril-quip, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.58 million, 33% of all contributions.

Does the Dril-quip, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Dril-quip, Inc 401(k) plan?

1,367 participants at the start of plan year 2024, 500 of them active employees, and 325 former employees who still had money in the plan.

What is the average 401(k) balance at Dril-quip, Inc?

About $47,782 per account: $40.7 million in plan assets across 852 accounts with a balance at the end of plan year 2024.

Who manages the Dril-quip, Inc 401(k) accounts?

Empower (listed on the filing as EMPOWER ANNUITY INSURANCE COMPANY O) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Dril-quip, Inc. How do I access my 401(k)?

Your account stays with Empower after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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