Energy Xxi Services, Llc 401(k) Plan (terminated 2018): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2018, when $31.0 million was transferred out of the plan. Assets moved to the COX OPERATING, LLC 401(K) P/S PLAN (sponsored by COX OPERATING, LLC). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

Energy Xxi Services, Llc 401(k) Plan Facts (plan year 2018)

Plan name
ENERGY XXI SERVICE PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
ENERGY XXI SERVICES, LLC
Participants
304
Former employees with a balance
0
Employer contributions
$1,535,153 in plan year 2018 (39% of all contributions)
Plan year
Jan 1, 2018 – Dec 31, 2018
Plan established
Apr 24, 2006
✓ 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 2018 (Jan 1, 2018 – Dec 31, 2018), filed Oct 11, 2019. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2018

  • $3.93 million went into the plan in contributions, $1.54 million of it from the employer (39%).
  • $21.4 million was paid out to participants.

How the Energy Xxi Services, Llc 401(k) changed, 2013–2018

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2013256$38.7 million$4.79 million$1.51 million
2014302$40.5 million$5.85 million$5.76 million
2015370$48.7 million$5.81 million$15.5 million
2016432$49.7 million$2.06 million$7.37 million
2017359$51.0 million$1.54 million$11.7 million
2018 (final)304$0$1.54 million$21.4 million

Energy Xxi Services, Llc 401(k) Contact Information

Phone
713-659-2100
Mailing address
1021 MAIN STREET SUITE 2626, HOUSTON TX 77002
Plan sponsor
ENERGY XXI SERVICES, LLC
Employer identification number (EIN)
20-4583999
Plan number
001

Questions about the Energy Xxi Services, Llc 401(k)

Is the Energy Xxi Services, Llc 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2018. Its assets were transferred to the COX OPERATING, LLC 401(K) P/S PLAN.

Does Energy Xxi Services, Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2018 the employer contributed $1.54 million, 39% of all contributions.

Does the Energy Xxi Services, Llc 401(k) have automatic enrollment?

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

How many people are in the Energy Xxi Services, Llc 401(k) plan?

304 participants at the start of plan year 2018.

Who manages the Energy Xxi Services, Llc 401(k) accounts?

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

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