Baker Hughes Company Pension Plan
Corporate pension, based in Houston, Texas, reporting $356M in assets, for 22,138 participants.
Composed from this allocator's classification, location and filed figures.
Nothing material in the last 90 days. Last change: 31 Dec 2024, Herronpalmer, LLC appears on Baker Hughes Company Pension Plan's Schedule C as general consultant (plan year 2024 vs 2023).
4 more advisers and 1 more dated event
Every figure, date and source on this page is shown. The names behind them, and every related record, open with the complete profile.
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Relationship network
19 connected entities
From board minutes, annual reports, Form 5500 filings and public records of commitments, consultants and staff in the allocator graph. Commitment amounts are those the allocator disclosed; many are not printed, and none is estimated.
Some relationships on this record are counted rather than named here. They open with the full profile.
Click any name or line for the commitments and sources behind it. Line weight is commitments together; dashed lines are inferred.
- Service provider
- Organization
›How strength and recency are read
Managers, funds and consultants are read from the commitments: three or more is a strong observed relationship, two a repeat counterparty. No consultant link is marked current on the source, so none is labelled current or former here. Related plans, people and plan service providers are ordered by what the filing shows.
Darker lines were active in the last 24 months or are current; lighter lines are older or undated.
Size, funding, policy and commitments, with their basesCorporate pensionShowHide
Allocation policy
- Master trust investment accounts 100.0%
Consultants and advisers
- Simply Connect General consultantthrough Dec 31, 2024 Form 5500
- Herronpalmer, LLC General consultantthrough Dec 31, 2024 Form 5500
- Blackrock Institutional Trust Compa Directed trusteethrough Dec 31, 2024 Form 5500
+4 more consultants and advisers advise this allocator
Every name, record and relationship behind this count, with the source on each.
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People
Manager roster
What changed
- Dec 31, 2024Consultant changedinferenceHerronpalmer, LLC appears on Baker Hughes Company Pension Plan's Schedule C as general consultant (plan year 2024 vs 2023)with Herronpalmer, LLCaskebsa.dol.gov
- Dec 31, 2024Consultant changedinferenceSimply Connect appears on Baker Hughes Company Pension Plan's Schedule C as general consultant (plan year 2024 vs 2023)with Simply Connectaskebsa.dol.gov
- Dec 31, 2024Assets changedBaker Hughes Company Pension Plan total assets $540M -> $356M (-34.1%, 2023-12-31 to 2024-12-31)
- Jan 1, 2024Funded status changedBaker Hughes Company Pension Plan funded ratio 101.1% -> 94.5% (2023-01-01 to 2024-01-01)
- Jan 1, 2023Funded status changedBaker Hughes Company Pension Plan funded ratio 112.5% -> 101.1% (2022-01-01 to 2023-01-01)
+1 more dated event
Every name, record and relationship behind this count, with the source on each.
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Commitments
Size and funding
Form 5500 filings
| Plan year | Participants | Assets (SB market) | Funding target | FTAP | Total assets (H) | Partnerships / JV | Master trust | Real estate |
|---|---|---|---|---|---|---|---|---|
| 2024 to Dec 31, 2024 | 22,138 | $541M | $547M | 94.5% | $356M | Not disclosed | $356M | Not disclosed |
| 2023 to Dec 31, 2023 | 22,832 | $514M | $522M | 101.1% | $540M | Not disclosed | $535M | Not disclosed |
| 2022 to Dec 31, 2022 | 23,504 | $654M | $523M | 112.5% | $513M | Not disclosed | $513M | Not disclosed |
- Willis Towers Watson US LLC codes 11 $2.9M PY2024
- Mercer codes 11 $300,327 PY2024
- Fulbright & Jaworski codes 29 50 $182,775 PY2024
+32 more service providers
Every name, record and relationship behind this count, with the source on each.
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Provenance
Provenance
Not yet on record: fund commitments, managers.
Record history
- Consultant changed2024-12-31source on record
- Consultant changed2024-12-31source on record
- Total assets changed2024-12-31source on record
+3 more changes on this record's ledger
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The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.
›Connections
every published relationship on the graph
+8 connections on the graph
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