Plan Snapshot
- Plan Sponsor: Onesubsea LLC
- Sponsor EIN: 320401809
- Sponsor Address: 3600 BRIARPARK DR., 3RD FLOOR, MD-4, HOUSTON, TX, 77042
- Plan Type: Health & Welfare
- Plan Number: 506
- Total Participants: 760
- Total Assets: $5.3M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 760 | $5.3M | $14.1M | $4.2M |
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 |
|---|---|---|---|---|
| CIGNA HEALTHCARE | Other Service Provider | $1,300,500 | — | $1,300,500 |
| TOKIO MARINE | Other Service Provider | $1,245,368 | — | $1,245,368 |
| SIBSON CONSULTING | Other Service Provider | $45,500 | — | $45,500 |
| ALIGHT SOLUTIONS LLC | Recordkeeper | $43,948 | — | $43,948 |
| HARTFORD FIRE INSURANCE | Other Service Provider | $19,382 | — | $19,382 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALIGHT SOLUTIONS LLC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,654,698
- Estimated Expense Ratio: 49.842% 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 | $528,903 | $1,258 | $413,659 | — | — |