401k Plan data: PRIDE INTERNATIONAL, INC. 401(K) RETIREMENT AND SAVINGS PLAN plan

PRIDE INTERNATIONAL, INC. 401(K) RETIREMENT AND SAVINGS PLAN 401k Plan overview

Plan Name	PRIDE INTERNATIONAL, INC. 401(K) RETIREMENT AND SAVINGS PLAN
Plan identification number	001

PRIDE INTERNATIONAL, INC. 401(K) RETIREMENT AND SAVINGS PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

PRIDE INTERNATIONAL, INC. has sponsored the creation of one or more 401k plans.

Company Name: PRIDE INTERNATIONAL, INC.

Employer identification number (EIN): 760069030

NAIC Classification: 211110
NAIC Description: Oil and Gas Extraction, Oil

Additional information about PRIDE INTERNATIONAL, INC.

Jurisdiction of Incorporation: Texas Secretary of State

Incorporation Date: 1988-06-24

Company Identification Number: 0007703506

Legal Registered Office Address: 5847 SAN FELIPE ST STE 3300

HOUSTON
United States of America (USA)
77057

More information about PRIDE INTERNATIONAL, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PRIDE INTERNATIONAL, INC. 401(K) RETIREMENT AND SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2011-01-01 DAN VINYARD
001 2010-01-01 DONALD HURST
001 2009-01-01 MARGUERITE MUZIKOWSKI JOHN CRISCI 2010-10-11

Plan id#	Filing Submission Date	Name of Administrator	Name of Company Sponsor	Date Sponsor Signed
001	2011-01-01	DAN VINYARD
001	2010-01-01	DONALD HURST
001	2009-01-01	MARGUERITE MUZIKOWSKI	JOHN CRISCI	2010-10-11

Plan Statistics for PRIDE INTERNATIONAL, INC. 401(K) RETIREMENT AND SAVINGS PLAN

401k plan membership statisitcs for PRIDE INTERNATIONAL, INC. 401(K) RETIREMENT AND SAVINGS PLAN

Measure Date Value
2011: PRIDE INTERNATIONAL, INC. 401(K) RETIREMENT AND SAVINGS PLAN 2011 401k membership
Total participants, beginning-of-year 2011-01-01 1,468
Total number of active participants reported on line 7a of the Form 5500 2011-01-01 0
Number of retired or separated participants receiving benefits 2011-01-01 0
Number of other retired or separated participants entitled to future benefits 2011-01-01 0
Total of all active and inactive participants 2011-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2011-01-01 0
Total participants 2011-01-01 0
Number of participants with account balances 2011-01-01 0
2010: PRIDE INTERNATIONAL, INC. 401(K) RETIREMENT AND SAVINGS PLAN 2010 401k membership
Total participants, beginning-of-year 2010-01-01 2,952
Total number of active participants reported on line 7a of the Form 5500 2010-01-01 1,081
Number of retired or separated participants receiving benefits 2010-01-01 6
Number of other retired or separated participants entitled to future benefits 2010-01-01 374
Total of all active and inactive participants 2010-01-01 1,461
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2010-01-01 7
Total participants 2010-01-01 1,468
Number of participants with account balances 2010-01-01 1,431
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2010-01-01 0
2009: PRIDE INTERNATIONAL, INC. 401(K) RETIREMENT AND SAVINGS PLAN 2009 401k membership
Total participants, beginning-of-year 2009-01-01 3,911
Total number of active participants reported on line 7a of the Form 5500 2009-01-01 2,384
Number of retired or separated participants receiving benefits 2009-01-01 5
Number of other retired or separated participants entitled to future benefits 2009-01-01 562
Total of all active and inactive participants 2009-01-01 2,951
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2009-01-01 1
Total participants 2009-01-01 2,952
Number of participants with account balances 2009-01-01 1,337
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2009-01-01 326

Measure	Date	Value
2011: PRIDE INTERNATIONAL, INC. 401(K) RETIREMENT AND SAVINGS PLAN 2011 401k membership
Total participants, beginning-of-year	2011-01-01	1,468
Total number of active participants reported on line 7a of the Form 5500	2011-01-01	0
Number of retired or separated participants receiving benefits	2011-01-01	0
Number of other retired or separated participants entitled to future benefits	2011-01-01	0
Total of all active and inactive participants	2011-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2011-01-01	0
Total participants	2011-01-01	0
Number of participants with account balances	2011-01-01	0
2010: PRIDE INTERNATIONAL, INC. 401(K) RETIREMENT AND SAVINGS PLAN 2010 401k membership
Total participants, beginning-of-year	2010-01-01	2,952
Total number of active participants reported on line 7a of the Form 5500	2010-01-01	1,081
Number of retired or separated participants receiving benefits	2010-01-01	6
Number of other retired or separated participants entitled to future benefits	2010-01-01	374
Total of all active and inactive participants	2010-01-01	1,461
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2010-01-01	7
Total participants	2010-01-01	1,468
Number of participants with account balances	2010-01-01	1,431
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2010-01-01	0
2009: PRIDE INTERNATIONAL, INC. 401(K) RETIREMENT AND SAVINGS PLAN 2009 401k membership
Total participants, beginning-of-year	2009-01-01	3,911
Total number of active participants reported on line 7a of the Form 5500	2009-01-01	2,384
Number of retired or separated participants receiving benefits	2009-01-01	5
Number of other retired or separated participants entitled to future benefits	2009-01-01	562
Total of all active and inactive participants	2009-01-01	2,951
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2009-01-01	1
Total participants	2009-01-01	2,952
Number of participants with account balances	2009-01-01	1,337
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2009-01-01	326

Financial Data on PRIDE INTERNATIONAL, INC. 401(K) RETIREMENT AND SAVINGS PLAN

Measure	Date	Value
2011 : PRIDE INTERNATIONAL, INC. 401(K) RETIREMENT AND SAVINGS PLAN 2011 401k financial data
Total transfer of assets from this plan	2011-12-31	$84,699,123
Total income from all sources (including contributions)	2011-12-31	$17,423,335
Total of all expenses incurred	2011-12-31	$14,982,289
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2011-12-31	$14,876,949
Expenses. Certain deemed distributions of participant loans	2011-12-31	$72,969
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2011-12-31	$19,348,455
Value of total assets at beginning of year	2011-12-31	$82,258,077
Total of administrative expenses incurred including professional, contract, advisory and management fees	2011-12-31	$32,371
Total interest from all sources	2011-12-31	$111,250
Total dividends received (eg from common stock, registered investment company shares)	2011-12-31	$2,045,649
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2011-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2011-12-31	$2,045,649
Was this plan covered by a fidelity bond	2011-12-31	Yes
Value of fidelity bond cover	2011-12-31	$5,000,000
If this is an individual account plan, was there a blackout period	2011-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2011-12-31	No
Contributions received from participants	2011-12-31	$9,599,075
Participant contributions at beginning of year	2011-12-31	$2,954,409
Income. Received or receivable in cash from other sources (including rollovers)	2011-12-31	$2,486,772
Administrative expenses (other) incurred	2011-12-31	$32,371
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Value of net income/loss	2011-12-31	$2,441,046
Value of net assets at beginning of year (total assets less liabilities)	2011-12-31	$82,258,077
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2011-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2011-12-31	No
Were any leases to which the plan was party in default or uncollectible	2011-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2011-12-31	$63,540,169
Interest on participant loans	2011-12-31	$111,250
Value of interest in common/collective trusts at beginning of year	2011-12-31	$15,763,499
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2011-12-31	$-4,270,802
Net investment gain or loss from common/collective trusts	2011-12-31	$188,783
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2011-12-31	No
Was there a failure to transmit to the plan any participant contributions	2011-12-31	No
Has the plan failed to provide any benefit when due under the plan	2011-12-31	No
Contributions received in cash from employer	2011-12-31	$7,262,608
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2011-12-31	$14,876,949
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2011-12-31	No
Did the plan have assets held for investment	2011-12-31	No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2011-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2011-12-31	Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2011-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2011-12-31	Disclaimer
Accountancy firm name	2011-12-31	WHITLEY PENN, LLP
Accountancy firm EIN	2011-12-31	752393478
2010 : PRIDE INTERNATIONAL, INC. 401(K) RETIREMENT AND SAVINGS PLAN 2010 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2010-12-31	$0
Total income from all sources (including contributions)	2010-12-31	$21,954,325
Total loss/gain on sale of assets	2010-12-31	$-38,071
Total of all expenses incurred	2010-12-31	$6,918,927
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2010-12-31	$6,882,924
Expenses. Certain deemed distributions of participant loans	2010-12-31	$15,954
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2010-12-31	$13,862,627
Value of total assets at end of year	2010-12-31	$82,258,077
Value of total assets at beginning of year	2010-12-31	$67,222,679
Total of administrative expenses incurred including professional, contract, advisory and management fees	2010-12-31	$20,049
Total interest from all sources	2010-12-31	$98,227
Total dividends received (eg from common stock, registered investment company shares)	2010-12-31	$1,467,718
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2010-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2010-12-31	$1,467,718
Was this plan covered by a fidelity bond	2010-12-31	Yes
Value of fidelity bond cover	2010-12-31	$5,000,000
If this is an individual account plan, was there a blackout period	2010-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2010-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2010-12-31	No
Contributions received from participants	2010-12-31	$7,351,678
Participant contributions at end of year	2010-12-31	$2,954,409
Participant contributions at beginning of year	2010-12-31	$2,319,237
Participant contributions at end of year	2010-12-31	$0
Participant contributions at beginning of year	2010-12-31	$220,927
Income. Received or receivable in cash from other sources (including rollovers)	2010-12-31	$1,332,252
Value of other receiveables (less allowance for doubtful accounts) at end of year	2010-12-31	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2010-12-31	$16,674
Administrative expenses (other) incurred	2010-12-31	$20,049
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Value of net income/loss	2010-12-31	$15,035,398
Value of net assets at end of year (total assets less liabilities)	2010-12-31	$82,258,077
Value of net assets at beginning of year (total assets less liabilities)	2010-12-31	$67,222,679
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2010-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2010-12-31	No
Were any leases to which the plan was party in default or uncollectible	2010-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2010-12-31	$63,540,169
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2010-12-31	$0
Interest on participant loans	2010-12-31	$98,227
Value of interest in common/collective trusts at end of year	2010-12-31	$15,763,499
Value of interest in common/collective trusts at beginning of year	2010-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2010-12-31	$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2010-12-31	$64,437,732
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2010-12-31	$64,437,732
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2010-12-31	$6,030,890
Net investment gain or loss from common/collective trusts	2010-12-31	$532,934
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2010-12-31	No
Was there a failure to transmit to the plan any participant contributions	2010-12-31	No
Has the plan failed to provide any benefit when due under the plan	2010-12-31	No
Contributions received in cash from employer	2010-12-31	$5,178,697
Employer contributions (assets) at end of year	2010-12-31	$0
Employer contributions (assets) at beginning of year	2010-12-31	$228,109
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2010-12-31	$6,882,924
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2010-12-31	No
Did the plan have assets held for investment	2010-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2010-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2010-12-31	No
Aggregate proceeds on sale of assets	2010-12-31	$1,764,217
Aggregate carrying amount (costs) on sale of assets	2010-12-31	$1,802,288
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2010-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2010-12-31	Disclaimer
Accountancy firm name	2010-12-31	MCCONNELL & JONES LLP
Accountancy firm EIN	2010-12-31	760488832
2009 : PRIDE INTERNATIONAL, INC. 401(K) RETIREMENT AND SAVINGS PLAN 2009 401k financial data
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2009-12-31	$0

Form 5500 Responses for PRIDE INTERNATIONAL, INC. 401(K) RETIREMENT AND SAVINGS PLAN

2011: PRIDE INTERNATIONAL, INC. 401(K) RETIREMENT AND SAVINGS PLAN 2011 form 5500 responses
2011-01-01	Type of plan entity	Single employer plan
2011-01-01	This submission is the final filing	Yes
2011-01-01	Plan funding arrangement – Trust	Yes
2011-01-01	Plan benefit arrangement - Trust	Yes
2010: PRIDE INTERNATIONAL, INC. 401(K) RETIREMENT AND SAVINGS PLAN 2010 form 5500 responses
2010-01-01	Type of plan entity	Single employer plan
2010-01-01	Submission has been amended	No
2010-01-01	This submission is the final filing	No
2010-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2010-01-01	Plan funding arrangement – Trust	Yes
2010-01-01	Plan benefit arrangement - Trust	Yes
2009: PRIDE INTERNATIONAL, INC. 401(K) RETIREMENT AND SAVINGS PLAN 2009 form 5500 responses
2009-01-01	Type of plan entity	Single employer plan
2009-01-01	Submission has been amended	No
2009-01-01	This submission is the final filing	No
2009-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2009-01-01	Plan is a collectively bargained plan	No
2009-01-01	Plan funding arrangement – Trust	Yes
2009-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	PRIDE INTERNATIONAL, INC.
Employer identification number (EIN):	760069030
NAIC Classification:	211110
NAIC Description:	Oil and Gas Extraction, Oil

Jurisdiction of Incorporation:	Texas Secretary of State
Incorporation Date:	1988-06-24
Company Identification Number:	0007703506
Legal Registered Office Address:	5847 SAN FELIPE ST STE 3300 HOUSTON United States of America (USA) 77057