Parker Drilling Company 401(k) Plan: Login, Facts & Contact Information
Parker Drilling Company 401(k) Login
311 former Parker Drilling Company employees still have money in this plan.
Retirement plan providers can change. This information is from the plan's 2024 filing.
Parker Drilling Company 401(k) Plan Facts
Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 14, 2025. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2024
- $10.6 million went into the plan in contributions, $3.83 million of it from the employer (36%).
- $12.8 million was paid out to participants.
- Investment and other income added $13.3 million.
- Administrative expenses were $66,572, about $56 per account.
How the Parker Drilling Company 401(k) changed, 2019–2024
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2019 | 1,117 | $82.8 million | $816,361 | $7.15 million |
| 2020 | 1,249 | $90.9 million | $1.25 million | $16.0 million |
| 2021 | 974 | $89.1 million | — | $17.5 million |
| 2022 | 1,075 | $72.3 million | $3.05 million | $8.25 million |
| 2023 | 1,218 | $85.5 million | $3.63 million | $10.5 million |
| 2024 | 1,353 | $96.5 million | $3.83 million | $12.8 million |
Parker Drilling Company 401(k) Contact Information
Questions about the Parker Drilling Company 401(k)
Does Parker Drilling Company contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $3.83 million, 36% of all contributions.
Does the Parker Drilling Company 401(k) have automatic enrollment?
Yes. The plan reports automatic enrollment of eligible employees.
How many people are in the Parker Drilling Company 401(k) plan?
1,353 participants at the start of plan year 2024, 891 of them active employees, and 311 former employees who still had money in the plan.
What is the average 401(k) balance at Parker Drilling Company?
About $81,279 per account: $96.5 million in plan assets across 1,187 accounts with a balance at the end of plan year 2024.
Who manages the Parker Drilling Company 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 Parker Drilling Company. 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.