National Oilwell Varco, Inc.
72
Plan:
National Oilwell Varco, Inc. 401k and Retirement Savings Plan
43
69
83
0
10
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30
40
50
60
70
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90
100
For the average 401k participant, the 11 point difference between this plan's BrightScope Rating (72) and the top rated plan (83) could equate to:
[How is this calculated?]
[How is this calculated?]
6 additional years of work Up to $61,500 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
National Oilwell Varco, Inc. 401k and Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 72. This plan is in the top 15% of plans for Total Plan Cost. National Oilwell Varco, Inc. 401k and Retirement Savings Plan currently has over 18,400 active participants and over $849.3M in plan assets.
Retirement Plan Details
| Address |
7909 Parkwood Circle Drive
Houston, TX 77036 |
| Industry | Manufacturing |
| Administrator | William Parham |
| Net Plan Assets | $849,000,000 |
| Total Participants | 18,000 |
| Avg Account Balance | $46,000 |
Compare Other Companies in Peer Group
| The Timken Company | 78.0 |
| Flowserve | 76.0 |
| Case New Holland | 74.2 |
| The Shaw Group | 70.7 |
| Dover | 67.5 |
| Caterpillar | 65.5 |
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