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Tam International Defined Benefit Pension Plan
TAM International, Inc. sponsors this defined benefit plan for its employees from its headquarters on Southerland Road in Houston, Texas. The parent company...
Tam International Defined Benefit Pension Plan
TAM International, Inc. sponsors this defined benefit plan for its employees from its headquarters on Southerland Road in Houston, Texas. The parent company specializes in inflatable and swellable packer technologies used in well-completion and downhole isolation for the oil and gas sector. The pension plan operates under a floor-offset design: the defined benefit formula establishes a guaranteed minimum, but the employer offsets that obligation dollar-for-dollar against the participant's balance in TAM's defined contribution plan. This architecture directly links the pension trust's funded status to the performance of participant-directed accounts. The plan's asset pool is modest by institutional standards, consistent with a privately held, mid-market industrial sponsor. Investment stewardship runs through TAM International's corporate officers, led by Machowski. No direct real-asset segregation is disclosed, though the parent sponsor holds its Houston industrial facility and Canadian operating subsidiaries. SaskWorks Venture Fund Inc. maintains a 2.02% venture portfolio stake in TAM International Inc. Class A common voting shares, per Canadian public filings, but pension assets are legally distinct from corporate treasury. TAM International participates in industry groups including the World Nuclear Association and Partnership Lake Houston, reflecting the operational footprint of the plan sponsor rather than the pension trust itself. Philanthropic giving channels through TAM International Philanthropic Giving, a sponsor-level vehicle unconnected to plan assets. The plan has not publicly reported a funded status ratio, investment policy statement, or asset manager roster. In the absence of participant-level disclosures, the trust's scale can be inferred from the sponsor's private-company profile: an energy-services manufacturer with a specialized product line and a multi-country operational base. This plan's structural differentiator is its floor-offset architecture, which transfers a portion of longevity and sequencing risk from the sponsor to participants by pegging the net benefit to individual defined contribution outcomes.
General information
Firm type
Pension Fund
Location
Region
North America
Country
United States
City
Houston
Corporate office
4620 Southerland, Houston, TX 77092, United States
Principals
Michael A. Machowski
President and CEO, TAM International, Inc.
Sector focus
Frequently asked questions
What is a floor-offset pension plan?
A floor-offset plan calculates a promised defined benefit minimum, then subtracts the value of a participant's defined contribution account from that amount. If the defined contribution balance exceeds the defined benefit floor, the participant takes the higher DC balance and the defined benefit liability goes to zero for that individual. The structure caps employer contributions to the defined benefit trust while preserving a benefit floor for participants with lower defined contribution balances.
Who is the plan sponsor?
TAM International, Inc., a privately held oilfield services manufacturer based in Houston, Texas. The company designs and builds inflatable packers, swellable packers, and related downhole completion tools sold into drilling markets across North America, the North Sea, the Middle East, and Asia-Pacific. Michael A. Machowski serves as its President and CEO.
How large is the plan's asset pool?
The plan has not publicly disclosed its total assets or funded status. Based on the sponsor's profile as a mid-market industrial manufacturer with a specialized niche, Altss estimates the plan holds less than $50 million in trust assets. No Form 5500 filing data is publicly accessible to confirm the exact figure.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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