Plan Snapshot
- Plan Sponsor: Chevron Phillips Chemical Company LP
- Sponsor EIN: 731587712
- Sponsor Address: 9500 LAKESIDE BLVD., THE WOODLANDS, TX, 773810000
- Plan Type: DB
- Total Participants: 4,657
- Total Assets: $1.0B
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 | 4,657 | $1.0B | $11.0M | $0 |
| 2023 | 4,433 | $1.1B | $50.0M | $0 |
| 2022 | 4,162 | $1.0B | $25.0M | $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 INVSTMNT INSTITUTIONAL OP | NONE | $619,996 | — | $619,996 |
| WILLIS TOWERS WATSON US LLC | NONE | $184,098 | — | $184,098 |
| INSPIRA FINANCIAL HEALTH, INC. | NONE | $135,035 | — | $135,035 |
| VISION SERVICE PLAN INSURANCE CO | NONE | $67,745 | — | $67,745 |
| WEAVER & TIDWELL, LLP | NONE | $25,514 | — | $25,514 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVSTMNT INSTITUTIONAL OP — NONE
- WILLIS TOWERS WATSON US LLC — NONE
- WEAVER & TIDWELL, LLP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,032,388
- Estimated Expense Ratio: 0.099% 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 | $1,613,543 | — | $822,777 | $25,514 | — |
| 2023 | $1,458,387 | — | $835,222 | $46,187 | — |
| 2022 | $1,394,680 | — | — | — | $869,466 |