Plan Snapshot
- Plan Sponsor: Bp Corporation North America INC.
- Sponsor EIN: 361812780
- Sponsor Address: 501 WESTLAKE PARK BLVD., HOUSTON, TX, 77079
- Plan Type: 401(k)
- Total Participants: 974
- Total Assets: $366.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 974 | $366.3M | $26.2M | $18.3M |
| 2023 | 936 | $298.8M | $22.4M | $15.8M |
| 2022 | 788 | $229.3M | $19.8M | $13.1M |
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 |
|---|---|---|---|---|
| STRATEGIC ADVISORS , INC | NONE | $87,318 | — | $87,318 |
| FIDELITY INVMTS. INST. OPERATIONS | NONE | $6,200 | — | $6,200 |
| DELOITTE & TOUCHE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS , INC — NONE
- FIDELITY INVMTS. INST. OPERATIONS — NONE
- DELOITTE & TOUCHE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $93,518
- Estimated Expense Ratio: 0.026% 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 | $93,518 | $87,318 | — | — | — |
| 2023 | $61,562 | $56,312 | — | — | — |
| 2022 | $45,069 | — | $45,069 | — | — |