Plan Ledger DOL Form 5500 · updated monthly

Oceaneering International, Inc.401(k)

OCEANEERING RETIREMENT INVESTMENT PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.05%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Oceaneering International, Inc. reported $417,130 in plan administrative expenses for 2024: 0.05% of average plan assets, below the peer median. Employer contributions averaged $6,242 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.07% to 0.05%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 139th-largest of 5,688 plans among Texas employers on file, and the 214th of 11,654 in professional & technical services. In 2024, employees put in $1.55 for every $1.00 the employer contributed; active participation has grown from 3,519 to 3,923 since 2022.

Plan summary
Net assets, end of year$828,573,495
Participants with balances5,104
Active participants3,923
Employer contributions$24,486,221
Employee contributions$37,931,134
Employer contribution per active participant$6,242
Average account balance$162,338
Benefits paid to participants$88,900,858
Plan auditUnmodified (clean) audit opinion
AuditorHARPER & PEARSON COMPANY P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$828.6M · 5,104 accts · $24.5M emplr
2023$734.2M · 5,117 accts · $22.2M emplr
2022$623.7M · 4,894 accts · $20.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$289,248
Audit (IQPA)$30,000
Total administrative$417,130
The Oceaneering International, Inc. 401(k) match · 2024
Employer contribution per active participant$6,242
Median for plans this size$4,294
2024$6,242 per active participant
2023$5,933 per active participant
2022$5,831 per active participant

Oceaneering International, Inc.'s 2024 employer contribution ran above the $4,294 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$288,648
COOK STREET · Consulting$73,411
HARPER & PEARSON COMPANY, P.C. · Accounting / audit$30,000
MORGAN STANLEY CAPITAL MANAGEMENT, · Consulting$24,470

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$417,130 · 0.05%
2023$421,227 · 0.06%
2022$442,164 · 0.07%
Same employer
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Locke Lord LLP TX$891.7M · 0.04%
Testing Holdings USA, Inc. TX$811.3M · 0.12%
Atos TX$777.8M · 0.10%
Vinson & Elkins L.L.P. TX$555.9M · 0.15%
Dnv Gl USA, Inc. TX$518.9M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952628227 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.