# Schlumberger Technology Corporation 401(k) Plan
Source: https://planprovider.pro/companies/schlumberger-technology-corporation-221692661-502

> Schlumberger Technology Corporation's 401(k) plan: 13,185 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Schlumberger Technology Corporation

- **Sponsor EIN:** 221692661

- **Sponsor Address:** 3600 BRIARPARK DR., 3RD FLOOR, MD-4, HOUSTON, TX, 77042

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

- **Plan Number:** 502

- **Total Participants:** 13,185

- **Total Assets:** $790.1M

## 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|13,185|$790.1M|$273.3M|$79.6M|

| 2023|13,691|$798.2M|$242.9M|$62.2M|

| 2022|13,274|$774.4M|$53.7M|$184.4M|

## 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|

| ALIGHT SOLUTIONS LLC|Recordkeeper|$23,317,793|—|$23,317,793|

| CIGNA HEALTHCARE|Other Service Provider|$6,142,929|—|$6,142,929|

| NISA INVESTMENT ADVISORS L.L.C.|Other Service Provider|$661,450|—|$661,450|

| SIBSON CONSULTING|Other Service Provider|$260,450|—|$260,450|

| CARE OPERATIVE LLC|Other Service Provider|$243,773|—|$243,773|

| TOKIO MARINE|Other Service Provider|$208,800|—|$208,800|

| WILLIS TOWERS WATSON|Other Service Provider|$153,500|—|$153,500|

| BDO USA, P.C.|Auditor|$60,680|—|$60,680|

| NORTHERN TRUST COMPANY|Other Service Provider|$53,431|—|$53,431|

| PRINCIPAL|Recordkeeper|$14,000|—|$14,000|

| ERNST & YOUNG US LLP|Auditor|$12,360|—|$12,360|

### Verified Provider Profiles

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

- [ALIGHT SOLUTIONS LLC](https://planprovider.pro/provider/alight-solutions) — Recordkeeper

- [BDO USA, P.C.](https://planprovider.pro/provider/bdo-usa-pc) — Auditor

- [PRINCIPAL](https://planprovider.pro/provider/principal-financial-group-inc) — Recordkeeper

- [ERNST & YOUNG US LLP](https://planprovider.pro/provider/ernst-and-young-llp) — Auditor

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $31,129,166

- **Estimated Expense Ratio:** 3.940% 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|$17,905,593|$704,076|$6,511,498|$53,252|—|

| 2023|$16,712,367|$682,888|$7,390,216|—|—|

| 2022|$23,019,109|$833,256|—|—|$11,490|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/schlumberger-technology-corporation-221692661-502)

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