NABORS INDUSTRIES, INC. RETIREMENT SAVINGS PLAN

At the end of 2022, the total retirement plan assets of NABORS INDUSTRIES, INC. RETIREMENT SAVINGS PLAN is $281,944,160.This plan was established in 1991.

At the end of 2022, the total number of retirement plan participants in NABORS INDUSTRIES, INC. RETIREMENT SAVINGS PLAN is 5715

In 2022, the average participant retirement account value for NABORS INDUSTRIES, INC. RETIREMENT SAVINGS PLAN is $49,334

In 2022, the estimated average employee contribution amount per participant for NABORS INDUSTRIES, INC. RETIREMENT SAVINGS PLAN is $3,314

In 2022, the estimated average employer match for an employee in NABORS INDUSTRIES, INC. RETIREMENT SAVINGS PLAN is approximately $2,058

In 2022, NABORS INDUSTRIES, INC. RETIREMENT SAVINGS PLAN allocates $11,765,697 to match its employees’ contributions, providing an employer match rate of 66.22% of their contributions

In 2022, the total retirement plan asset growth rate of NABORS INDUSTRIES, INC. RETIREMENT SAVINGS PLAN is -14.05%

In 2022, the estimated aggregate retirement account investment gain/loss for NABORS INDUSTRIES, INC. RETIREMENT SAVINGS PLAN is -15.13%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of NABORS INDUSTRIES, INC. RETIREMENT SAVINGS PLAN is 0.03%.

Enrollment Features

NABORS INDUSTRIES, INC. RETIREMENT SAVINGS PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.
    Self-directed Brokerage: It allows participants or employees to allocate part or all of its account to a self directed brokereage account as an investment option.