Mcdermott Investments 401(k) and pension plans

Mcdermott Investments, Houston, TX. EIN 74-1032246. Annual reports 2009–2024. Also filed as Cb&i Inc.; Mcdermott Investments, LLC; Mcdermott Incorporated; Mcdermott Investments LLC Formerly Known As Mcdermott Inc.

Mcdermott Investments has 2 active retirement plans on file. The largest is the Mcdermott Savings Plan, with 11,247 participants and $1.4 billion in assets in 2024. Fidelity has been its recordkeeper since 2021.

Active plans: 2
Participants: 11,392
Plan assets: $1.4 billion
401(k) recordkeeper: Fidelity
Plans on file: 3
Industry: Construction

All 3 plans

Active plans first

Mcdermott Savings Plan

401(k)Active

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

Plan number: 004Employer EIN 74-1032246
Participants (2024): 11,247
Net assets (2024): $1.4 billion
Recordkeeper: FidelityEarlier: Vanguard (2013–2016)
Plan administrator: Mcdermott Thrift Plan Administrative Committee
915 N Eldridge Parkway
Houston, TX 77079
(281) 870-5243As filed for 2024
In effect since: April 1, 1978

Plans merged into this one: Chicago Bridge & Iron Savings Plan (2018); Mcdermott (U.S.) Retirement Plan (2025).

Earlier sponsors: Mcdermott Investments LLC Formerly Known As Mcdermott Inc (2009); Babcock & Wilcox Investment Company (2010–2012); BWXT Investment Company (2015–2023).

Earlier plan names: Thrift Plan for Employees of Mcdermott Incorporated & Participating Subsidiary & Affiliated Companies; Retirement Plan for Employees of Babcock and Wilcox Governmental Operations; Mcdermott Thrift Plan; BWXT Retirement Plan.

Year by year, 2009 to 2024

Plan year	Participants	Net assets	Recordkeeper
2024	11,247	$1.4 billion	Fidelity
2023	5,297	$737 million	not listed
2022	5,310	$739 million	not listed
2021	10,258	$1.6 billion	Fidelity
2020	5,340	$976 million	not listed
2019	5,384	$868 million	not listed
2018	83	$2.1 million	not listed
2017	6,859	$1.1 billion	not listed
2016	1,777	$205 million	Vanguard
2015	9,176	$960 million	not listed
2014	4,425	$241 million	Vanguard
2013	6,930	$295 million	Vanguard
2012	9,432	$943 million	not listed
2011	10,224	$913 million	not listed
2010	10,441	$807 million	not listed
2009	10,903	$925 million	not listed

Cb&i Pension Plan for Clive Shop Employees

Pension (defined benefit)Active

Active. The plan filed its annual report for the 2023 plan year.

Plan number: 001Employer EIN 74-1032246
Participants (2023): 145
Net assets (2023): $7.1 million
Plan administrator: Mcdermott Investments, LLC
915 N Eldridge Parkway
Houston, TX 77079
(281) 870-5243As filed for 2023
In effect since: February 7, 2001

Earlier sponsors: Mcdermott Incorporated (2009); Cb&i Inc. (2010–2017).

Earlier plan names: Retirement Plan for Employees of Mcdermott Incorporated.

Year by year, 2009 to 2023

Plan year	Participants	Net assets	Recordkeeper
2023	145	$7.1 million	not listed
2022	137	$6.5 million	not listed
2021	138	$8.4 million	not listed
2020	138	$7.8 million	not listed
2019	139	$6.6 million	not listed
2018	139	$5.6 million	not listed
2017	136	$6.1 million	not listed
2016	132	$5.1 million	not listed
2015	140	$5.1 million	not listed
2014	140	$5.3 million	not listed
2013	151	$5.1 million	not listed
2012	138	$4.1 million	not listed
2011	130	$3.6 million	not listed
2010	128	$3.5 million	not listed
2009	4,147	$214 million	not listed

Cb&i Pension Plan for Warren Shop Employees

Pension (defined benefit), frozenMerged

Merged. In 2021 its assets moved to the Mcdermott (US) Retirement Plan, sponsored by J. Ray Mcdermott Holdings, LLC (EIN 72-1280625, plan 003). Accounts moved with them, so that plan is the one to contact.

Plan number: 002Employer EIN 74-1032246
Participants (2020): 79
Net assets (2020): $3.5 million
Plan administrator: Mcdermott Investments, LLC
915 N Eldridge Parkway
Houston, TX 77079
(281) 870-5243As filed for 2021
In effect since: February 7, 2001

Earlier sponsor: Cb&i Inc. (2009–2017).

Year by year, 2009 to 2021

Plan year	Participants	Net assets	Recordkeeper
2021	0	$0	not listed
2020	79	$3.5 million	not listed
2019	80	$3.2 million	not listed
2018	81	$2.9 million	not listed
2017	82	$3.2 million	not listed
2016	85	$2.9 million	not listed
2015	91	$3.0 million	not listed
2014	92	$3.2 million	not listed
2013	94	$3.1 million	not listed
2012	95	$2.7 million	not listed
2011	100	$2.5 million	not listed
2010	102	$2.6 million	not listed
2009	103	$2.3 million	not listed

If you had money in one of these plans

Call Fidelity (fidelity.com), which runs the Mcdermott Savings 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.
Or call the plan administrator listed on the plan below ((281) 870-5243). That number was filed for 2024; ask for the benefits or retirement plan office.
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.
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

They come from the Form 5500 annual reports each plan files with the Department of Labor, as the plan filed them. A plan year is usually a calendar year.
Participants counts everyone in the plan at year end: current employees, former employees who still have a balance or a pension coming, and retirees or beneficiaries being paid.
The recordkeeper is the service provider whose Schedule C entry says it keeps the plan's records. Small plans do not file Schedule C, so some plans show none.
We cannot see anyone's account. Only the plan or its recordkeeper can tell you your balance.

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