Saudi Aramco Rowan Offshore Drilling Company (A Ksa Joint Venture) 401(k) match, vesting and fees
What Saudi Aramco Rowan Offshore Drilling Company (A Ksa Joint Venture)'s 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 | Fidelity Investments Institutional | Schedule C ↗ |
| Independent auditor | Melton & Melton, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 356 defined-contribution plans in mining, quarrying, and oil and gas extraction with 100 to 499 participants.
| Saudi Aramco Rowan Offshore Drilling Company (A Ksa Joint Venture): employer contribution per participant | $8,231 | |
| Peer median | $3,000 |
| Saudi Aramco Rowan Offshore Drilling Company (A Ksa Joint Venture): average balance | $323,744 | |
| Peer median | $70,698 |
| Saudi Aramco Rowan Offshore Drilling Company (A Ksa Joint Venture): admin expenses ÷ assets | 0.15% | |
| Peer median | 0.32% |
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 $64.7M at the end of plan year 2021 to $65.7M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 204 | $65.7M | $1.7M | $8,231 | 0.15% | Not published | Form 5500 ↗ |
| 2023 | 213 | $65.7M | $1.6M | $7,710 | 0.17% | Not published | Form 5500 ↗ |
| 2022 | 288 | $53.9M | $1.5M | $5,134 | 0.24% | Not published | Form 5500 ↗ |
| 2021 | 230 | $64.7M | $1.7M | $7,681 | 0.13% | Not published | Form 5500 ↗ |
Common questions
Does Saudi Aramco Rowan Offshore Drilling Company (A Ksa Joint Venture) match 401(k) contributions?
The match terms for the Aro Drilling 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $1.7M in employer contributions, about $8,231 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Saudi Aramco Rowan Offshore Drilling Company (A Ksa Joint Venture) 401(k) match vested?
The vesting schedule for the Aro Drilling 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Saudi Aramco Rowan Offshore Drilling Company (A Ksa Joint Venture) 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Investments Institutional. The plan administrator is Saudi Aramco Rowan Offshore Drilling Company (A Ksa Joint Venture).
I left Saudi Aramco Rowan Offshore Drilling Company (A Ksa Joint Venture). How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Saudi Aramco Rowan Offshore Drilling Company (A Ksa Joint Venture), (713) 960-7550) or the recordkeeper, Fidelity Investments Institutional. The Saudi Aramco Rowan Offshore Drilling Company (A Ksa Joint Venture) old 401(k) page lists the contacts from every plan filing. Find an old Saudi Aramco Rowan Offshore Drilling Company (A Ksa Joint Venture) 401(k)
Data from the public Form 5500 annual reports Saudi Aramco Rowan Offshore Drilling Company (A Ksa Joint Venture) 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 Saudi Aramco Rowan Offshore Drilling Company (A Ksa Joint Venture). Not financial advice. Report a correction · Methodology