Plan Snapshot
- Plan Sponsor: Chevron Corporation
- Sponsor EIN: 940890210
- Sponsor Address: 1400 SMITH STREET, HOUSTON, TX, 77002
- Plan Type: Health & Welfare
- Plan Number: 700
- Total Participants: 20,999
- Total Assets: $2.4M
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 | 20,999 | $2.4M | $8.5M | $1.7M |
| 2023 | 21,136 | $2.2M | $6.7M | $1.7M |
| 2022 | 19,319 | $3.5M | $0 | $1.5M |
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 |
|---|---|---|---|---|
| ALIGHT SOLUTIONS LLC | Recordkeeper | $390,232 | — | $390,232 |
| SEDGWICK CLAIMS MANAGEMENT SERVICES | Recordkeeper | $249,614 | — | $249,614 |
| AON CONSULTING INC | Recordkeeper | $70,148 | — | $70,148 |
| GRANT THORNTON, LLP | Auditor | $36,000 | — | $36,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALIGHT SOLUTIONS LLC — Recordkeeper
- AON CONSULTING INC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $745,994
- Estimated Expense Ratio: 31.148% 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 | $749,931 | — | — | $36,000 | — |
| 2023 | $728,867 | — | — | $34,080 | — |
| 2022 | $640,291 | — | $599,076 | — | $41,215 |