Baker Hughes Holdings 401(k) match, vesting and fees
What Baker Hughes Holdings' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Great-West Life & Annuity Insurance | Schedule C ↗ |
| Independent auditor | Weaver and Tidwell, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 12 defined-contribution plans in mining, quarrying, and oil and gas extraction with 10,000 to 49,999 participants.
| Baker Hughes Holdings: employer contribution per participant | $4,842 | |
| Peer median | $5,269 |
| Baker Hughes Holdings: average balance | $183,211 | |
| Peer median | $130,671 |
| Baker Hughes Holdings: admin expenses ÷ assets | 0.04% | |
| Peer median | 0.06% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $3.8B at the end of plan year 2021 to $4B at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 21,995 | $4B | $106M | $4,842 | 0.04% | Not published | Form 5500 ↗ |
| 2023 | 23,170 | $3.7B | $138M | $6,000 | 0.04% | Not published | Form 5500 ↗ |
| 2022 | 23,607 | $3.3B | $135M | $5,740 | 0.04% | Not published | Form 5500 ↗ |
| 2021 | 24,190 | $3.8B | $121M | $5,035 | 0.05% | Not published | Form 5500 ↗ |
Other Baker Hughes Holdings plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Baker Hughes Company Pension Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Independent auditor | Weaver and Tidwell, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Baker Hughes Holdings match 401(k) contributions?
The match terms for the Baker Hughes Company 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $106M in employer contributions, about $4,842 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Baker Hughes Holdings 401(k) match vested?
The vesting schedule for the Baker Hughes Company 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Baker Hughes Holdings 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Great-West Life & Annuity Insurance. The plan administrator is Baker Hughes Holdings LLC.
I left Baker Hughes Holdings. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Baker Hughes Holdings LLC, (713) 879-2000) or the recordkeeper, Great-West Life & Annuity Insurance. The Baker Hughes Holdings old 401(k) page lists the contacts from every plan filing. Find an old Baker Hughes Holdings 401(k)
Data from the public Form 5500 annual reports Baker Hughes Holdings filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Baker Hughes Holdings. Not financial advice. Report a correction · Methodology