Subsea 7 (us) Llc 401(k) Plan: Login, Facts & Contact Information

Subsea 7 (us) Llc 401(k) Plan Facts

Plan name
SUBSEA 7 401(K) RETIREMENT PLAN
Plan type
401(k) with employer contributions
Plan sponsor
SUBSEA 7 (US) LLC
Participants
865 (655 active employees)
Former employees with a balance
201
Plan assets
$153,417,461 at Dec 31, 2024
Average account balance
$197,195 across 778 accounts
Employer contributions
$5,181,975 in plan year 2024 (34% of all contributions)
Recordkeeper
Schwab Retirement Plan Services Inc
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 2003
✓ 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 9, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $15.1 million went into the plan in contributions, $5.18 million of it from the employer (34%).
  • $10.6 million was paid out to participants.
  • Investment and other income added $20.9 million.
  • Administrative expenses were $97,038, about $125 per account.

How the Subsea 7 (us) Llc 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019560$78.4 million$2.79 million$5.62 million
2020635$94.4 million$3.25 million$6.93 million
2021659$116.1 million$3.53 million$2.48 million
2022713$103.9 million$4.11 million$4.86 million
2023806$128.2 million$4.70 million$9.46 million
2024865$153.4 million$5.18 million$10.6 million

Subsea 7 (us) Llc 401(k) Contact Information

Phone
713-430-1100
Mailing address
17220 KATY FWY STE 100, HOUSTON TX 770941485
Plan sponsor
SUBSEA 7 (US) LLC
Employer identification number (EIN)
94-3425630
Plan number
001

Questions about the Subsea 7 (us) Llc 401(k)

Does Subsea 7 (us) Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $5.18 million, 34% of all contributions.

Does the Subsea 7 (us) Llc 401(k) have automatic enrollment?

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

How many people are in the Subsea 7 (us) Llc 401(k) plan?

865 participants at the start of plan year 2024, 655 of them active employees, and 201 former employees who still had money in the plan.

What is the average 401(k) balance at Subsea 7 (us) Llc?

About $197,195 per account: $153.4 million in plan assets across 778 accounts with a balance at the end of plan year 2024.

Who manages the Subsea 7 (us) Llc 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 Subsea 7 (us) Llc. 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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