Plan Snapshot
- Plan Sponsor: Subsea 7 (Us) LLC
- Sponsor EIN: 943425630
- Sponsor Address: 17220 KATY FWY STE 100, HOUSTON, TX, 770941485
- Plan Type: 401(k)
- Total Participants: 655
- Total Assets: $153.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 655 | $153.4M | $5.2M | $8.2M |
| 2023 | 654 | $128.2M | $4.7M | $7.4M |
| 2022 | 608 | $103.9M | $4.1M | $6.5M |
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 |
|---|---|---|---|---|
| WEAVER AND TIDWELL, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- 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: $0
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 | $97,038 | $17,308 | — | — | — |
| 2023 | $91,241 | — | — | — | — |
| 2022 | $85,209 | — | — | — | — |