Plan Snapshot
- Plan Sponsor: Bp Corporation North America INC.
- Sponsor EIN: 361812780
- Sponsor Address: 501 WESTLAKE PARK BLVD., HOUSTON, TX, 77079
- Plan Type: DB
- Total Participants: 9,724
- Total Assets: $5.3B
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 | 9,724 | $5.3B | $0 | $0 |
| 2023 | 9,651 | $5.5B | $0 | $0 |
| 2022 | 9,360 | $5.4B | $0 | $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 |
|---|---|---|---|---|
| FIDELITY INVSTS INSTITUTIONAL OPS C | NONE | $1,418,158 | — | $1,418,158 |
| MERCER HUMAN RESOURCES CONSULTING | NONE | $1,124,444 | — | $1,124,444 |
| DELOITTE & TOUCHE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVSTS INSTITUTIONAL OPS C — 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: $2,542,602
- Estimated Expense Ratio: 0.048% 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 | $5,491,902 | — | — | — | — |
| 2023 | $5,011,626 | — | — | — | — |
| 2022 | $4,993,756 | — | $1,549,883 | — | $812,631 |