Hydril Company 401(k) Plan: Login, Facts & Contact Information

Hydril Company 401(k) Plan Facts

Plan name
TENARIS 401(K) SAVINGS PLAN
Plan type
401(k) with employer contributions
Plan sponsor
HYDRIL COMPANY
Participants
4,032 (3,279 active employees)
Former employees with a balance
1,335
Plan assets
$228,835,310 at Dec 31, 2022
Average account balance
$52,485 across 4,360 accounts
Employer contributions
$15,728,772 in plan year 2022 (43% of all contributions)
Recordkeeper
Schwab Retirement Plan Services,inc
Plan year
Jan 1, 2022 – Dec 31, 2022
Plan established
Jul 1, 1979
✓ 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 2022 (Jan 1, 2022 – Dec 31, 2022), filed Oct 12, 2023. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2022

  • $37.0 million went into the plan in contributions, $15.7 million of it from the employer (43%).
  • $23.8 million was paid out to participants.
  • Administrative expenses were $743,739, about $171 per account.

How the Hydril Company 401(k) changed, 2017–2022

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20172,822$149.9 million$6.20 million$21.8 million
20183,205$152.7 million$8.30 million$12.2 million
20193,541$188.3 million$10.7 million$17.4 million
20203,337$245.4 million$7.59 million$44.4 million
20212,836$258.2 million$9.16 million$37.6 million
20224,032$228.8 million$15.7 million$23.8 million

Hydril Company 401(k) Contact Information

Phone
713-767-4400
Mailing address
2200 W. LOOP SOUTH, SUITE 800, HOUSTON TX 77027
Plan sponsor
HYDRIL COMPANY
Employer identification number (EIN)
95-2777268
Plan number
008

Questions about the Hydril Company 401(k)

Does Hydril Company contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2022 the employer contributed $15.7 million, 43% of all contributions.

Does the Hydril Company 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Hydril Company 401(k) plan?

4,032 participants at the start of plan year 2022, 3,279 of them active employees, and 1,335 former employees who still had money in the plan.

What is the average 401(k) balance at Hydril Company?

About $52,485 per account: $228.8 million in plan assets across 4,360 accounts with a balance at the end of plan year 2022.

Who manages the Hydril Company 401(k) accounts?

Schwab Retirement Plan Services (listed on the filing as SCHWAB RETIREMENT PLAN SERVICES,INC) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Hydril Company. How do I access my 401(k)?

Your account stays with Schwab Retirement Plan Services 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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