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Atwood Oceanics 401(k) Retirement Plan
Atwood Oceanics Management, Inc., Houston TX. Employer ID 741611874, plan number 001. Annual reports on file for 2009 to 2018.
Where the money went
- Filed 2009-2018Atwood Oceanics 401(k) Retirement Plan, Atwood Oceanics Management, Inc.
- 2018Assets transferred to Valaris Savings Plan
- TodayValaris Savings Plan still files. T Rowe Price Rps Inc keeps the records. That is where to ask.
Records are kept by T Rowe Price Rps Inc, per the 2024 filing.
Left in 2010, 2016? Worth asking about employer money
- In plan year 2010, active participants fell from 364 to 290 (20%), and 32 people left before they were fully vested. When a plan loses about 20% or more of its participants in a year, the IRS presumes a partial plan termination (Revenue Ruling 2007-43). Everyone who left in that period must then be fully vested in the employer's contributions. Filing
- In plan year 2016, active participants fell from 774 to 468 (40%), and 41 people left before they were fully vested. When a plan loses about 20% or more of its participants in a year, the IRS presumes a partial plan termination (Revenue Ruling 2007-43). Everyone who left in that period must then be fully vested in the employer's contributions. Filing
This is a reason to ask the plan, not a finding. The plan decides, and it may show the drop was routine.
Worked here?
Check your years. We show whether the plan merged or moved money while you were there, and draft the letter to the plan that holds it now.
Events in the filings
- 2017: The employer decided to close the plan.
- 2018: The plan filed its last report: it ended, merged into another plan, or paid everyone out.
- 2018: At least a quarter of the plan's money moved to another plan this year, usually in a merger or company split.
- 2018: The employer decided to close the plan.
People in the plan
"Left, still in the plan" counts people who left the employer but still have a benefit in the plan, as reported by the plan.
| Plan year | Participants | Left, still in the plan | Source |
|---|---|---|---|
| 2009 | 432 | 68 | Filing |
| 2010 | 426 | 135 | Filing |
| 2011 | 463 | 127 | Filing |
| 2012 | 757 | 155 | Filing |
| 2013 | 938 | 211 | Filing |
| 2014 | 1,134 | 247 | Filing |
| 2015 | 1,000 | 220 | Filing |
| 2016 | 790 | 316 | Filing |
| 2017 | 258 | 0 | Filing |
| 2018 | 0 | 0 | Filing |
Source: U.S. Department of Labor Form 5500 filings. Plan-level facts only; no one's balance. Information only, not legal advice.