Plan Snapshot
- Plan Sponsor: Aramco Shared Benefits Company
- Sponsor EIN: 844364434
- Sponsor Address: 1200 SMITH STREET, 36TH FLOOR, HOUSTON, TX, 77002
- Plan Type: DB
- Total Participants: 1,416
- Total Assets: $1.8B
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,416 | $1.8B | $0 | $0 |
| 2023 | 1,552 | $1.9B | $50.0M | $0 |
| 2022 | 1,618 | $1.8B | $50.0M | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| PRICEWATERHOUSECOOPERS LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PRICEWATERHOUSECOOPERS LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $7,427,000 | $2,616,000 | — | — | — |
| 2023 | $7,978,000 | $4,037,000 | — | — | — |
| 2022 | $9,275,000 | $3,961,000 | — | — | $5,131,000 |