Plan Snapshot
- Plan Sponsor: Citgo Petroleum Corporation
- Sponsor EIN: 731173881
- Sponsor Address: PO BOX 4689, HOUSTON, TX, 772104689
- Plan Type: Health & Welfare
- Plan Number: 515
- Total Participants: 2,360
- Total Assets: $8.7M
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 | 2,360 | $8.7M | $49.6M | $8.9M |
| 2023 | 2,287 | $16.1M | $43.3M | $8.5M |
| 2022 | 2,136 | $17.7M | $50.8M | $8.7M |
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 |
|---|---|---|---|---|
| UNITED HEALTHCARE SERVICES, INC. | Other Service Provider | $3,380,012 | — | $3,380,012 |
| METROPOLITAN LIFE INSURANCE COMPANY | Other Service Provider | $115,413 | — | $115,413 |
| MERCER HUMAN RESOURCE CONSULTING | Investment Advisor | $50,838 | — | $50,838 |
| INNOVATIVE LEGAL CONSULTING | Other Service Provider | $27,621 | — | $27,621 |
| FIDELITY CONSULTING | Recordkeeper | $26,029 | — | $26,029 |
| THOMPSON & REUTERS (TAX & ACCT) INC | Other Service Provider | $22,172 | — | $22,172 |
| QUESTMARK INFORMATION MANAGEMENT | Other Service Provider | $14,585 | — | $14,585 |
| C2 IMAGING | Other Service Provider | $6,434 | — | $6,434 |
| ERNST & YOUNG LLP | Auditor | $5,060 | — | $5,060 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MERCER HUMAN RESOURCE CONSULTING — Investment Advisor
- FIDELITY CONSULTING — Recordkeeper
- ERNST & YOUNG LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,648,164
- Estimated Expense Ratio: 42.008% 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 | $3,977,453 | — | $3,521,454 | — | — |
| 2023 | $3,429,204 | — | $2,969,148 | $92,000 | — |
| 2022 | $3,319,533 | — | $3,313,899 | — | — |