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 |
|---|---|---|---|---|
| DE SHAW VALENCE FUND | NONE | — | $1,662,201 | $1,662,201 |
| JP MORGAN CHASE BANK N.A. | NONE | $1,548,339 | — | $1,548,339 |
| DE SHAW COMPOSITE INTL FUND | NONE | — | $1,103,422 | $1,103,422 |
| JEFFERIES INTERNATIONAL LIMITED | NONE | $952,034 | — | $952,034 |
| GOLDMAN SACHS VINTAGE VII | NONE | $925,832 | — | $925,832 |
| PACIFIC INVESTMENT MANAGEMENT PIMCO | NONE | $827,975 | — | $827,975 |
| RELATED FUND MANAGER CORE SMA | NONE | $603,318 | — | $603,318 |
| CITADEL KENSINGTON | NONE | $155,035 | $387,979 | $543,014 |
| PARTNERS GROUP REAL ESTATE SEC 2017 | NONE | $534,582 | — | $534,582 |
| MAGNETAR CONSTELLATION FUND | NONE | — | $403,615 | $403,615 |
| GATEWAY FUND III | NONE | $360,748 | — | $360,748 |
| CAPULA GLOBAL RELATIVE VALUE FUND | NONE | — | $348,925 | $348,925 |
| POLYMER ASIA (CAYMAN) FUND LTD. | NONE | — | $336,485 | $336,485 |
| REALTERM LOGISTICS | NONE | $257,729 | — | $257,729 |
| WILLIS TOWERS WATSON | NONE | $248,767 | — | $248,767 |
| NISA LONG DURATION US CREDIT | NONE | $233,640 | — | $233,640 |
| VARDE INV PTNRS OFFSHORE | NONE | — | $206,367 | $206,367 |
| PRICEWATERHOUSECOOPERS | NONE | $203,367 | — | $203,367 |
| MILLIMAN | NONE | $202,015 | — | $202,015 |
| LEGAL & GENERAL LONG DURATION US | NONE | $190,962 | — | $190,962 |
| WELLINGTON CASH PLUS | NONE | $169,705 | — | $169,705 |
| APTIA INSURANCE SERVICES GROUP, LLC | NONE | $150,000 | — | $150,000 |
| BROOKFIELD AMERICAS INFRASTRUCTURE | NONE | $146,645 | — | $146,645 |
| MATRIX PARTNERS CHINA III, LP | NONE | $140,222 | — | $140,222 |
| BROOKFIELD STRAT REAL ESTATE PTNR | NONE | $137,357 | — | $137,357 |
| PAG LOAN V FEEDER FUND, LP | NONE | $136,634 | — | $136,634 |
| COLLAS CRILL TRUST LIMITED | NONE | $109,452 | — | $109,452 |
| LSV EM EQUITY | NONE | $97,688 | — | $97,688 |
| STONEPEAK INFRASTRUCTURE FUND IV LP | NONE | $78,809 | — | $78,809 |
| PAYDEN & RYGEL | NONE | $70,730 | — | $70,730 |
| ASF VII | NONE | $62,205 | — | $62,205 |
| PGIM INVESTMENTS | NONE | $50,008 | — | $50,008 |
| STEPSTONE GROUP LP | NONE | $50,000 | — | $50,000 |
| NEUBERGER BERMAN III | NONE | $43,999 | — | $43,999 |
| RUSSELL INVESTMENTS | NONE | $33,487 | — | $33,487 |
| EQT INFRASTRUCTURE V | NONE | $23,086 | — | $23,086 |
| PARTNERS GROUP GLOBAL INFRA 2015 | NONE | $22,122 | — | $22,122 |
| FINANCIAL RECOVERY TECHNOLOGIES | NONE | $17,000 | — | $17,000 |
| BLACKROCK LONG TERM GOVT BOND | NONE | $11,941 | — | $11,941 |
| VARDE FUND X | NONE | $11,585 | — | $11,585 |
| SUSTAINALYTICS | NONE | $11,348 | — | $11,348 |
| EUROPA FUND III | NONE | $9,862 | — | $9,862 |
| VANGUARD | NONE | $8,886 | — | $8,886 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JP MORGAN CHASE BANK N.A. — NONE
- WILLIS TOWERS WATSON — NONE
- PRICEWATERHOUSECOOPERS — NONE
- MILLIMAN — NONE
- RUSSELL INVESTMENTS — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $13,286,108
- Estimated Expense Ratio: 0.725% of plan assets
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 |