Weatherford International Ltd.
73
Plan:
Weatherford International, Inc. 401k Savings Plan
38
91
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 18 point difference between this plan's BrightScope Rating (73) and the top rated plan (91) could equate to:
[How is this calculated?]
[How is this calculated?]
10 additional years of work Up to $104,100 in lost retirement savings.The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.
Retirement Plan Description
Weatherford International, Inc. 401k Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 73. This plan is in the top 15% of plans for Total Plan Cost. Weatherford International, Inc. 401k Savings Plan currently has over 14,500 active participants and over $573.9M in plan assets.
Retirement Plan Details
| Address |
515 Post Oak Boulevard, Suite 600
Houston, TX 77027 |
| Industry | Mining, Quarrying, and Oil and Gas Extraction |
| Administrator | Kathy Bauer |
| Net Plan Assets | $574,000,000 |
| Total Participants | 15,000 |
| Avg Account Balance | $40,000 |
Compare Other Companies in Peer Group
| Chesapeake Energy | 79.5 |
| Transocean | 78.8 |
| Smith International | 73.8 |
| Helmerich & Payne | 72.1 |
| Occidental Petroleum | 62.4 |
| Nabors Industries | 56.8 |
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