Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › NOV
NOV 401(k)
- NOV NYSE
- Manufacturing
- Houston, TX
- EIN 76-0475815
- 2 plans with Schedule H financials
- Plan year 2024
- NOV Inc.
- filed as Nov Inc.
Administrative expenses excluding investment management, per participant · largest plan, Nov Inc. 401(k) Plan · plan year 2024
$67.76
Higher than 78% of the 1,045 plans over $1B that report it.
Source
= $1,024,824 / 15,124
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251013143920NAL0000728147001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013143920NAL0000728147001, received 2025-10-13
Percentiles compare this plan with the Schedule H plans over $1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-13.
Largest plan, all six figures: Nov Inc. 401(k) Plan
Administrative expenses excluding investment management, per participantheadline
$67.76
Higher than 78% of the 1,045 plans over $1B that report it.
Source
= $1,024,824 / 15,124
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251013143920NAL0000728147001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013143920NAL0000728147001, received 2025-10-13
Administrative expenses per participant
$76.19
Higher than 55% of the 1,076 plans over $1B that report it.
Source
= $1,152,311 / 15,124
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013143920NAL0000728147001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013143920NAL0000728147001, received 2025-10-13
Administrative expenses as a share of assets
0.070%
Higher than 72% of the 1,076 plans over $1B that report it.
Source
= $1,152,311 / $1,646,646,421
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013143920NAL0000728147001, received 2025-10-13
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251013143920NAL0000728147001, received 2025-10-13
Employer contributions per participant
$2,839
Higher than 35% of the 1,135 plans over $1B that report it.
Source
= $42,938,266 / 15,124
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013143920NAL0000728147001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013143920NAL0000728147001, received 2025-10-13
Employer share of total contributions
33.8%
Higher than 51% of the 1,135 plans over $1B that report it.
Source
= $42,938,266 / $127,123,170
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013143920NAL0000728147001, received 2025-10-13
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251013143920NAL0000728147001, received 2025-10-13
Plan terms, as stated in NOV Inc.'s SEC filings
Vesting
“Participants are immediately 100% vested in their participant and employer contributions and the related earnings that have been credited to their accounts, except for certain employees covered by a collective bargaining agreement who may have a different vesting based on their collective bargaining agreement.”
Form 11-K filed 2026-06-22, for the year ended 2025-12-31 · plan description note, vesting · source document
Automatic enrollment
“The Plan provides for the automatic enrollment and payroll deduction of 5% of a newly eligible employee’s compensation as soon as practical following 60 days after employment for most participants, except for certain employees covered by a collective bargaining agreement who may have a different percentage based on their collective bargaining agreement.”
Form 11-K filed 2026-06-22, for the year ended 2025-12-31 · plan description note, contributions · source document
Terms quoted from the filing for the year ended 2025-12-31. Figures cover plan year 2024. The plan document governs.
Plans sponsored
| Plan | Assets | Participants with a balance | Headline | Year |
|---|---|---|---|---|
| Nov Inc. 401(k) Plan | $1,646,646,421 | 15,124 | $67.76 administrative expenses excl. investment management, per participant | 2024 |
| Nov Inc. 401(k) Plan for Extract Employees | $8,810,177 | 195 | $24.83 administrative expenses excl. investment management, per participant | 2024 |
Alerts, claims and corrections
Sponsor name as filed: NOV INC.; SEC registrant: NOV Inc. (CIK 1021860, matched by EIN; display name from the Form 11-K cover).