Worldwide Oilfield Machine, Inc. 401(k) Plan: Login, Facts & Contact Information
Worldwide Oilfield Machine, Inc. 401(k) Login
55 former Worldwide Oilfield Machine, Inc. employees still have money in this plan.
Retirement plan providers can change. This information is from the plan's 2024 filing.
Worldwide Oilfield Machine, Inc. 401(k) Plan Facts
Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Sep 30, 2025. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2024
- $2.17 million went into the plan in contributions, $585,584 of it from the employer (27%).
- $1.62 million was paid out to participants.
- Investment and other income added $1.97 million.
- Administrative expenses were $68,116, about $218 per account.
How the Worldwide Oilfield Machine, Inc. 401(k) changed, 2019–2024
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2019 | 322 | $15.9 million | — | $1.14 million |
| 2020 | 366 | $16.8 million | — | $2.21 million |
| 2021 | 398 | $17.6 million | — | $1.80 million |
| 2022 | 354 | $14.8 million | $355,054 | $1.53 million |
| 2023 | 409 | $17.8 million | $478,882 | $988,281 |
| 2024 | 400 | $20.2 million | $585,584 | $1.62 million |
Worldwide Oilfield Machine, Inc. 401(k) Contact Information
Questions about the Worldwide Oilfield Machine, Inc. 401(k)
Does Worldwide Oilfield Machine, Inc contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $585,584, 27% of all contributions.
Does the Worldwide Oilfield Machine, Inc 401(k) have automatic enrollment?
No. The plan does not report automatic enrollment; employees enroll themselves.
How many people are in the Worldwide Oilfield Machine, Inc 401(k) plan?
400 participants at the start of plan year 2024, 409 of them active employees, and 55 former employees who still had money in the plan.
What is the average 401(k) balance at Worldwide Oilfield Machine, Inc?
About $64,443 per account: $20.2 million in plan assets across 313 accounts with a balance at the end of plan year 2024.
Who manages the Worldwide Oilfield Machine, Inc 401(k) accounts?
Newport (an Ascensus company) (listed on the filing as NEWPORT GROUP, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at Worldwide Oilfield Machine, Inc. How do I access my 401(k)?
Your account stays with Newport (an Ascensus company) 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.