Plan Snapshot
- Plan Sponsor: Chevron Phillips Chemical Company LP
- Sponsor EIN: 731587712
- Sponsor Address: 9500 LAKESIDE BLVD., THE WOODLANDS, TX, 773810000
- Plan Type: 401(k)
- Total Participants: 4,981
- Total Assets: $1.9B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 4,981 | $1.9B | $46.7M | $77.6M |
| 2023 | 4,782 | $1.7B | $44.4M | $73.3M |
| 2022 | 4,486 | $1.5B | $40.8M | $66.4M |
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 |
|---|---|---|---|---|
| FINANCIAL ENGINES | ADVISOR | $1,050,977 | — | $1,050,977 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $330,608 | — | $330,608 |
| EDELMAN FINANCIAL ENGINES, LLC | INVESTMENT ADVISOR | $30,115 | — | $30,115 |
| WEAVER AND TIDWELL, LLP | ACCOUNTANT/AUDITOR | $25,568 | — | $25,568 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- WEAVER AND TIDWELL, LLP — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,437,268
- Estimated Expense Ratio: 0.074% 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 | $1,441,105 | $1,050,977 | $8,100 | $20,475 | — |
| 2023 | $1,251,734 | $971,969 | $3,000 | — | — |
| 2022 | $1,432,050 | — | — | — | — |