National Oilwell Varco, L.p. 401(k) Plan: Login, Facts & Contact Information
No Form 5500 has been filed for this plan since plan year 2020. 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.
National Oilwell Varco, L.p. 401(k) Login
Retirement plan providers can change. This information is from the plan's 2020 filing.
National Oilwell Varco, L.p. 401(k) Plan Facts (plan year 2020)
Source: Form 5500 for plan year 2020 (Jan 1, 2020 – Dec 31, 2020), filed Sep 26, 2022. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2020
- $72.6 million went into the plan in contributions, $17.1 million of it from the employer (24%).
- $293.6 million was paid out to participants.
- Investment and other income added $149.7 million.
- Administrative expenses were $1.73 million, about $109 per account.
How the National Oilwell Varco, L.p. 401(k) changed, 2015–2020
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2015 | 30,880 | $1.45 billion | $87.3 million | $290.9 million |
| 2016 | 24,736 | $1.38 billion | $61.4 million | $312.6 million |
| 2017 | 20,674 | $1.52 billion | $56.8 million | $153.1 million |
| 2018 | 18,299 | $1.40 billion | $60.5 million | $145.9 million |
| 2019 | 19,713 | $1.59 billion | $62.4 million | $196.2 million |
| 2020 | 19,921 | $1.55 billion | $17.1 million | $293.6 million |
National Oilwell Varco, L.p. 401(k) Contact Information
Questions about the National Oilwell Varco, L.p. 401(k)
Is the National Oilwell Varco, L.p 401(k) plan still active?
We can't confirm that. The last Form 5500 on record for this plan covers plan year 2020, and no later filing was found under this employer's EIN.
Does National Oilwell Varco, L.p contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2020 the employer contributed $17.1 million, 24% of all contributions.
Does the National Oilwell Varco, L.p 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the National Oilwell Varco, L.p 401(k) plan?
19,921 participants at the start of plan year 2020, 9,430 of them active employees, and 6,326 former employees who still had money in the plan.
What is the average 401(k) balance at National Oilwell Varco, L.p?
About $98,088 per account: $1.55 billion in plan assets across 15,798 accounts with a balance at the end of plan year 2020.
Who manages the National Oilwell Varco, L.p 401(k) accounts?
Principal (listed on the filing as WELLS FARGO BANK, N.A.) is the plan's recordkeeper, which is where participants log in to see their balance.