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Original filing (PDF)20251028085630NAL0006761585001
MAVERICK TUBE CORPORATION
Form 5500
FILING_RECEIVED
TENARIS 401(K) SAVINGS PLAN
401(k) retirement plan
Signals · 2
26% in single holdingNo recordkeeper disclosed
Active participants
3,524
Accounts w/ balance
4,582
Plan assets (EOY)
$366.1M
Net assets (EOY)
$366.1M
How this plan invests
This plan
12 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
87
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
87
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
- Top holding "FIDELITY 500 INDEX Registered Investment Company" is 26% of plan.
- 31 bps in Schedule C fees — 207% above peer band of 10 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for MAVERICK TUBE CORPORATION.
Plan sponsor
Name
MAVERICK TUBE CORPORATION
EIN
43-1455766
Address
2200 W. LOOP SOUTH, SUITE 800 · HOUSTON, TX · 77027
Phone
(713) 767-4400
Industry
Manufacturingsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
008
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-28
Pension benefit codes
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2S · Automatic enrollment
2T · Default investment account (QDIA)
2X · Other multiple-employer DC plan
3D · Pre-approved plan (master / prototype / VS)
3H · Sponsor in controlled / affiliated group
Audit & trust (Schedule H)
Auditor
FORVIS MAZARS, LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
4 rowsOther
4| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| SCHWAB RETIREMENT PLAN SERVICES,INC | 34-1479833 | — | NONE | $1.0M | — |
| MERCER INVESTMENT CONSULTING | 61-0736136 | — | NONE | $62K | — |
| BKD LLP | 44-0160260 | — | NONE | $35K | — |
| CHARLES SCHWAB & CO.,INC. | 94-1737782 | — | NONE | $3K | — |
Investments
12 direct securities· $366.1M(100% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| FIDELITY 500 INDEX Registered Investment Company | — | — | — | $94.4M | 25.8% | |
| FIDELITY INTERNATIONAL INDEX Registered Investment Company | — | — | — | $66.7M | 18.2% | |
| VANGUARD TOTAL BD MKT IDX INST Registered Investment Company | — | — | — | $49.1M | 13.4% | |
| VANGUARD SM CAP INDEX INSTL Registered Investment Company | — | — | — | $31.4M | 8.6% | |
| VANGUARD MIDCAP INDEX INSTL Registered Investment Company | — | — | — | $28.5M | 7.8% | |
| VANGUARD EMRG MKT STK IDX INST Registered Investment Company | — | — | — | $25.6M | 7.0% | |
| VANGUARD SHORT TERM INFL PRO Registered Investment Company | — | — | — | $23.8M | 6.5% | |
| SCHWAB BANK SAVINGS Money Market / Cash Equivalent | — | — | — | $16.0M | 4.4% | |
| PARTICIPANT LOANS (3.50% - 9.50%) | — | — | — | $15.9M | 4.3% | |
| VANGUARD REAL ESTATE INX INSTL Registered Investment Company | — | — | — | $11.4M | 3.1% | |
| PCRA Self-Directed Brokerage Account | — | — | — | $3.2M | 0.9% | |
| CASH | — | — | — | $18K | <0.1% |