Baker Hughes Holdings 401(k) and pension plans

Baker Hughes Holdings LLC, Houston, TX. EIN 76-0207995. Annual reports 2009–2024. Also filed as BJ Services Company USA; Baker Hughes Oilfield Ops, a Subsidiary of Baker Hughes Inc.; Baker Hughes Incorporated; Baker Hughes, a GE Company, LLC.

Baker Hughes Holdings LLC has 2 active retirement plans on file. The largest is the Baker Hughes Company 401(k) Plan, with 21,995 participants and $4.0 billion in assets in 2024. Empower has been its recordkeeper since 2021.

Active plans
2
Participants
35,103
Plan assets
$4.4 billion
401(k) recordkeeper
Empower
Plans on file
4
Industry
Mining, oil and gas

All 4 plans

Active plans first

Baker Hughes Company 401(k) Plan

401(k)Active

Active. The plan filed its annual report for the 2024 plan year.

Plan number
002Employer EIN 76-0207995
Participants (2024)
21,995
Net assets (2024)
$4.0 billion
Recordkeeper
EmpowerEarlier: Tempo Holding (2020), Alight (2009–2017)
Plan administrator
Baker Hughes Holdings LLC
P.O. Box 4740
Houston, TX 77210
(713) 879-2000As filed for 2024
In effect since
September 1, 1981

Plans merged into this one: Gaffney, Cline & Associates, Inc. Retirement Plan (2013); Baker Hughes Incorporated Prior Pension Plan (2012); Dresser, LLC Savings Plan (2020); Thrift Plan for Hourly Employees of Lufkin Industries, LLC. (2020); Retirement Plan for Employees of Lufkin Gears LLC (2023).

Earlier sponsors: Baker Hughes Incorporated (2009–2016); Baker Hughes, a GE Company, LLC (2017–2019).

Earlier plan names: Baker Hughes Incorporated Thrift Plan; Baker Hughes, a GE Company 401(k) Plan.

Year by year, 2009 to 2024
Plan yearParticipantsNet assetsRecordkeeper
202421,995$4.0 billionEmpower
202323,170$3.7 billionEmpower
202223,607$3.3 billionEmpower
202124,190$3.8 billionEmpower
202024,977$3.5 billionTempo Holding
201929,736$3.4 billionnot listed
201834,168$2.9 billionnot listed
201725,101$3.3 billionAlight
201627,669$3.0 billionAlight
201532,250$3.2 billionAlight
201434,943$3.6 billionAlight
201332,478$3.5 billionAlight
201229,875$3.0 billionAlight
201126,914$2.2 billionAlight
201025,129$2.2 billionAlight
200924,309$1.9 billionAlight

Baker Hughes Company Pension Plan

Cash balance pensionActive

Active. The plan filed its annual report for the 2024 plan year.

Plan number
050Employer EIN 76-0207995
Participants (2024)
13,108
Net assets (2024)
$356 million
Last listed administrator
Tempo HoldingEarlier: Alight (2009–2017)
Plan administrator
Baker Hughes Holdings LLC
P.O. Box 4740
Houston, TX 77210
(713) 879-2000As filed for 2024
In effect since
January 1, 2002

Earlier sponsors: Baker Hughes Incorporated (2009–2016); Baker Hughes, a GE Company, LLC (2017–2019).

Earlier plan names: Baker Hughes Incorporated Pension Plan.

Year by year, 2009 to 2024
Plan yearParticipantsNet assetsRecordkeeper
202413,108$356 millionnot listed
202322,138$540 millionnot listed
202222,832$513 millionnot listed
202123,504$654 millionnot listed
202024,329$647 millionTempo Holding
201925,533$635 millionTempo Holding
201826,568$598 millionTempo Holding
201727,577$666 millionAlight
201628,030$628 millionAlight
201532,456$635 millionAlight
201435,517$662 millionAlight
201335,254$639 millionAlight
201233,647$566 millionAlight
201132,698$434 millionAlight
201022,291$437 millionAlight
200921,249$364 millionAlight

Gaffney, Cline & Associates, Inc. Retirement Plan

401(k)MergedUnion (multiemployer)

Merged. In 2013 its assets moved to the Baker Hughes Incorporated Thrift Plan, sponsored by Baker Hughes Holdings LLC (EIN 76-0207955, plan 002). Accounts moved with them, so that plan is the one to contact.

Plan number
001Employer EIN 76-0207995
Participants (2011)
10,997
Net assets (2011)
$375 million
Recordkeeper
AlightEarlier: Fidelity (2009–2011)
Plan administrator
Baker Hughes Incorporated
P. O. Box 4740
Houston, TX 77210
(713) 439-8600As filed for 2013
In effect since
October 1, 1982

Earlier sponsors: BJ Services Company USA (2009–2010); Baker Hughes Oilfield Ops, a Subsidiary of Baker Hughes Inc. (2011).

Earlier plan names: BJ Services Retirement Thrift Plan.

Year by year, 2009 to 2013
Plan yearParticipantsNet assetsRecordkeeper
20130$0not listed
20120$0Alight
201110,997$375 millionFidelity
20107,853$421 millionFidelity
20097,603$371 millionFidelity

Baker Hughes Incorporated Prior Pension Plan

Defined contribution planMerged

Merged. In 2012 its assets moved to the Baker Hughes Incorporated Thrift Plan, sponsored by Baker Hughes Holdings LLC (EIN 76-0207955, plan 002). Accounts moved with them, so that plan is the one to contact.

Plan number
013Employer EIN 76-0207995
Participants (2011)
579
Net assets (2011)
$5.0 million
Recordkeeper
Alight2009–2012
Plan administrator
Baker Hughes Incorporated
U.S Financial Benefits, P.O Box 4740
Houston, TX 77210
(713) 439-8600As filed for 2012
In effect since
September 30, 1998

Earlier plan names: Baker Hughes Prior Pension Plan.

Year by year, 2009 to 2012
Plan yearParticipantsNet assetsRecordkeeper
20120$0Alight
2011579$5.0 millionAlight
2010614$5.6 millionAlight
2009643$5.6 millionAlight

If you had money in one of these plans

  1. Call Empower (empower.com), which runs the Baker Hughes Company 401(k) Plan. With your Social Security number and the plan name, it can tell you whether you still have a balance and, if not, where it went.
  2. Or call the plan administrator listed on the plan below ((713) 879-2000). That number was filed for 2024; ask for the benefits or retirement plan office.
  3. If your plan was merged, your account moved with it. Follow the link on the plan to the plan it went into, and contact that one.
  4. Still stuck? The Department of Labor's benefits advisers help for free: askebsa.dol.gov or 1-866-444-3272. Never pay anyone to find your own money.

What these numbers are

Sources: U.S. Department of Labor, Form 5500 datasets and PBGC trusteed plans. How we read them.

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