Plan Snapshot
- Plan Sponsor: Chevron Phillips Chemical Company LP
- Sponsor EIN: 731587712
- Sponsor Address: 9500 LAKESIDE BLVD., THE WOODLANDS, TX, 773810000
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 4,939
- Total Assets: $30.4M
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 | 4,939 | $30.4M | $73.2M | $18.3M |
| 2023 | 4,615 | $31.8M | $71.8M | $20.0M |
| 2022 | 4,314 | $22.0M | $60.3M | $19.2M |
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 |
|---|---|---|---|---|
| BLUE CROSS AND BLUE SHIELD OF TEXAS | Other Service Provider | $3,524,129 | — | $3,524,129 |
| ALIGHT HOLDING COMPANY LLC | Recordkeeper | $632,647 | — | $632,647 |
| CVS PHARMACY, INC. | Other Service Provider | $505,051 | — | $505,051 |
| AETNA LIFE INSURANCE COMPANY | Other Service Provider | $499,228 | — | $499,228 |
| MERCER HR SERVICES, LLC | Other Service Provider | $410,614 | — | $410,614 |
| HEALTH ADVOCATE SOLUTIONS, INC. | Other Service Provider | $298,239 | — | $298,239 |
| ACTIVE HEALTH MANAGEMENT | Other Service Provider | $199,108 | — | $199,108 |
| PRUDENT RX LLC | Other Service Provider | $177,169 | — | $177,169 |
| RXSS SAVING SOLUTIONS | Other Service Provider | $130,943 | — | $130,943 |
| BNF US TAX OPS | Other Service Provider | $106,000 | — | $106,000 |
| INSPIRA FINANCIAL HEALTH, INC. | Other Service Provider | $101,136 | — | $101,136 |
| BNY MELLON TRUST COMPANY | Other Service Provider | $50,000 | — | $50,000 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $46,494 | — | $46,494 |
| WEAVER & TIDWELL, LLP | Auditor | $45,885 | — | $45,885 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALIGHT HOLDING COMPANY LLC — Recordkeeper
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- WEAVER & TIDWELL, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $6,726,643
- Estimated Expense Ratio: 22.115% 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 | $6,726,643 | — | $6,584,264 | $45,885 | — |
| 2023 | $5,854,965 | — | $5,691,743 | $45,011 | — |
| 2022 | $4,555,126 | $77,901 | $4,425,526 | — | $51,699 |