Weatherford International, LLC401(k)
WEATHERFORD INTERNATIONAL, LLC 401(K) SAVINGS PLAN · HOUSTON, TX · plan year 2024
Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works
Weatherford International, LLC reported $201,554 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,718 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 0.09% to 0.04%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 182nd-largest of 5,688 plans among Texas employers on file, and the 28th of 612 in mining, oil & gas extraction. In 2024, employees put in $1.99 for every $1.00 the employer contributed.
Weatherford International, LLC's 2024 employer contribution ran below 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
This plan has changed recordkeepers within these filings. If you left Weatherford International, LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).
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Source: U.S. Department of Labor, Form 5500 series, EIN 042515019 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.