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Form 5500 · Retirement plan · HOUSTON, TX

NATIONAL OILWELL VARCO, L.P.

The filing calls this plan NATIONAL-OILWELL DEFINED BENEFIT PENSION PLAN.

NATIONAL OILWELL VARCO, L.P. of HOUSTON, TX files a Form 5500 for its retirement plan. Schedule A discloses 1 annuity or guaranteed-interest contract held by the plan, written by PRINCIPAL LIFE INSURANCE COMPANY. These are investment and funding contracts, not group health or welfare coverage. No medical, dental or life benefit is reported on this filing.

Agent of record (Schedule A)
Not disclosed
Insurance company
PRINCIPAL LIFE INSURANCE COMPANY
Contract year ends
Decemberas filed for plan year 2023

Sourced from U.S. DOL EFAST2 Form 5500 · EIN 76-0488987 · plan 002 · plan year 2023, filed Feb 3, 2025

Participants at the start of the year
3,353
Contracts on file
1
Contract value
—
Plan year end
December

Plan brief

Schedule A lists 1 insurance contract held by the plan — an annuity, a guaranteed-interest account or a similar funding vehicle, with PRINCIPAL LIFE INSURANCE COMPANY.

The filing discloses no agent commission on these contracts.

A Schedule A is filed for a retirement plan when plan assets sit in an insurance company contract. It reports the contract's balances and any agent commission. It does not report a health, dental or life premium, and it does not give a group renewal date.

The contract year ended in December.

Schedule A insurance contracts

CarrierContract typeCoveredYear endsContract valueCommission
PRINCIPAL LIFE INSURANCE COMPANYAnnuity / GIC3,155December$180,359,018$0

Covered = persons covered at policy year end, as filed on Schedule A for that policy — often certificates or one class, not the whole plan. Premium = the filing’s own premium/charges figure; “—” means not credibly reported.

See the filing at the Department of Labor

Administrator and service providers

Plan administrator on the filing
NATIONAL OILWELL VARCO, L.P.
EIN 76-0488987
WILLIS TOWERS WATSON LLC
Named on Schedule C · EIN 53-0181291
$600,187
paid directly by the plan
NISA INVESTMENT ADVISORS LLC
Named on Schedule C · EIN 48-1140940
$208,606
paid directly by the plan
DEFINITI LLC
Contract administrator · EIN 76-0551734
$170,248
paid directly by the plan
LOCKE LORD LLP
Named on Schedule C · EIN 74-1164324
$144,303
paid directly by the plan
PRINCIPAL TRUST COMPANY
Recordkeeping and information management · Custodian · EIN 51-0099493
$40,276
paid directly by the plan
WEAVER AND TIDWELL, LLP
Accounting and audit · EIN 75-0786316
$27,789
paid directly by the plan
COOK STREET CONSULTING, INC.
Named on Schedule C · EIN 84-0854432
$19,892
paid directly by the plan
AGILIS
Named on Schedule C · EIN 04-3513306
$15,000
paid directly by the plan

The plan administrator is from line 3a of the main form. The service providers are named on Schedule C of this filing. We publish company names only.

Reported to OSHA

Reported to OSHA for 2025: 1,424 employees, 10 recordable cases, 47 days away from work.

EmployeesThe company's own average for the year
1,424
Hours worked
2,922,725
Recordable cases
10
Days away from work
47
Establishments filed under this EIN
16

Source: OSHA Injury Tracking Application establishment data, 2025.

What the plan holds

Plan assets at year end
$198,463
Paid out in benefits
$204,267,213
Participants at the start of the year
3,353

Sourced from U.S. DOL EFAST2 Form 5500 · Schedule H

Who runs the plan

Independent accountantEIN 75-0786316
WEAVER AND TIDWELL, LLP
Accountant's opinion (Schedule H, line 3a)
Unmodified

From Schedule H of this filing.

Other plans filed by this employer

Nov Group Welfare PlanInsured benefit plan · 9 Schedule A contractsRenews ~Jan 1Section 125 PlanForm 5500 filing · no insured Schedule A contractsNov Retiree Hra PlanForm 5500 filing · no insured Schedule A contracts

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