# Baker Hughes Holdings LLC 401(k) Plan
Source: https://planprovider.pro/companies/baker-hughes-holdings-llc-401k-plan

> Baker Hughes Holdings LLC&#39;s 401(k) plan: 11,706 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Baker Hughes Holdings LLC

- **Sponsor EIN:** 760207995

- **Sponsor Address:** P.O. BOX 4740, HOUSTON, TX, 772104740

- **Plan Type:** 401(k)

- **Total Participants:** 11,706

- **Total Assets:** $4.0B

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **Participant Loans:** No

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|11,706|$4.0B|$106.1M|$130.6M|

| 2023|12,560|$3.7B|$138.3M|$128.8M|

| 2022|12,851|$3.3B|$134.7M|$128.4M|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| GREAT-WEST LIFE & ANNUITY INSURANCE|CONTRACT ADMIN|$827,072|—|$827,072|

| MERCER|ACTURAL|$233,919|—|$233,919|

| NORTHERN TRUST COMPANY|TRTE-DIR|$226,104|—|$226,104|

| FULBRIGHT & JAWORSKI|LEGAL|$91,444|—|$91,444|

| WEAVER & TIDWELL, LLP|AUDITOR|$63,561|—|$63,561|

| HERRONPALMER, LLC|CONSULTG|$21,673|—|$21,673|

| QDRO CONSULTANTS CO. LLC|CONSULTP|$13,200|—|$13,200|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [FULBRIGHT & JAWORSKI](https://planprovider.pro/provider/norton-rose-fulbright-llp) — LEGAL

- [WEAVER & TIDWELL, LLP](https://planprovider.pro/provider/weaver-and-tidwell-llp) — AUDITOR

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $1,476,973

- **Estimated Expense Ratio:** 0.037% of plan assets

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$1,610,269|$226,104|$827,072|$63,561|—|

| 2023|$1,430,304|$202,731|$815,469|$60,199|—|

| 2022|$1,523,165|$332,551|$809,798|—|$473,271|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/baker-hughes-holdings-llc-401k-plan)

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