Plan Snapshot
- Plan Sponsor: Bechtel Global Corporation
- Sponsor EIN: 800848899
- Sponsor Address: PO BOX 7700, GLENDALE, AZ, 85312
- Plan Type: 401(k)
- Plan Number: 516
- Total Participants: 9,422
- Total Assets: $11.7M
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 | 9,422 | $11.7M | $87.6M | $30.7M |
| 2023 | 9,644 | $13.5M | $74.9M | $29.0M |
| 2022 | 5,825 | $12.8M | $59.5M | $27.0M |
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 |
|---|---|---|---|---|
| CIGNA | Recordkeeper | $7,729,074 | — | $7,729,074 |
| CVS | Recordkeeper | $448,912 | — | $448,912 |
| BECHTEL GLOBAL CORPORATION | Other Service Provider | $46,194 | — | $46,194 |
| CROWE LLP | Other Service Provider | $32,700 | — | $32,700 |
| WILLIS TOWERS WATSON US LLC | Recordkeeper | $31,474 | — | $31,474 |
| THE NORTHERN TRUST COMPANY | Custodian / Trustee | $12,329 | — | $12,329 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILLIS TOWERS WATSON US LLC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $8,300,683
- Estimated Expense Ratio: 70.715% 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 | $8,451,590 | — | $8,177,986 | $32,700 | — |
| 2023 | $6,617,904 | — | $6,341,198 | $30,700 | — |
| 2022 | $5,532,621 | — | $5,436,980 | — | $29,800 |