Use these FAQs to help you answer common questions we've heard from employees about our Baker Hughes benefits program. Information will be updated regularly.
Note: (Disclaimer) These FAQs are about the 2020 and 2021 Baker Hughes benefits program. The benefits information contained in these FAQs may not apply to you if you belong to a collective bargaining unit. If you belong to a collective bargaining unit, contact your local HR representative or union representative for information about your 2020 and 2021 benefits.
This site describes the Baker Hughes 401(k) Plan (401(k) Plan). Information presented is only a summary. The actual eligibility requirements, benefits, terms, conditions, limitations and provisions that govern the Baker Hughes 401(k) Plan are contained in the official plan document. If in our efforts to make the Baker Hughes 401(k) Plan easy to understand, any of the plan’s provisions have been omitted or misstated, the official plan document must remain the final authority.
The information presented on this site is a summary and not the official plan document. In the event of any conflict between information on this site and the formal plan document, the formal plan document will govern. Baker Hughes reserves the right to terminate, amend, suspend, replace or modify its benefit plans and programs at any time and for any reason.