Plan Snapshot
- Plan Sponsor: Citgo Petroleum Corporation
- Sponsor EIN: 731173881
- Sponsor Address: PO BOX 4689, HOUSTON, TX, 772104689
- Plan Type: Health & Welfare
- Plan Number: 518
- Total Participants: 1,379
- Total Assets: $33.7M
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 | 1,379 | $33.7M | $996,700 | $4.8M |
| 2023 | 1,351 | $56.2M | $25.8M | $4.7M |
| 2022 | 1,293 | $50.1M | $29.3M | $4.8M |
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 | $1,976,251 | — | $1,976,251 |
| METROPOLITAN LIFE INSURANCE COMPANY | Other Service Provider | $69,254 | — | $69,254 |
| MERCER HUMAN RESOURCE CONSULTING | Investment Advisor | $50,838 | — | $50,838 |
| KPMG LLP | Auditor | $35,000 | — | $35,000 |
| INNOVATIVE LEGAL CONSULTING | Other Service Provider | $21,906 | — | $21,906 |
| THOMPSON & REUTERS (TAX & ACCT) INC | Other Service Provider | $14,781 | — | $14,781 |
| FIDELITY CONSULTING | Recordkeeper | $9,590 | — | $9,590 |
| QUESTMARK INFORMATION MANAGEMENT | Other Service Provider | $8,616 | — | $8,616 |
| 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
- KPMG LLP — Auditor
- 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: $2,191,296
- Estimated Expense Ratio: 6.511% 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 | $2,198,494 | — | $2,055,095 | $35,000 | — |
| 2023 | $2,133,701 | — | $1,988,042 | $57,000 | — |
| 2022 | $2,129,960 | — | $2,124,040 | — | — |