Plan Snapshot
- Plan Sponsor: Hess Corporation
- Sponsor EIN: 134921002
- Sponsor Address: 1501 MCKINNEY STREET, HOUSTON, TX, 77010
- Plan Type: 401(k)
- Total Participants: 1,563
- Total Assets: $1.1B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,563 | $1.1B | $29.4M | $32.7M |
| 2023 | 1,607 | $1.0B | $24.4M | $29.0M |
| 2022 | 1,487 | $903.6M | $21.1M | $25.0M |
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 |
|---|---|---|---|---|
| ERNST & YOUNG | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ERNST & YOUNG — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $117,776 | — | $2,400 | — | — |
| 2023 | $223,621 | — | $1,200 | — | — |
| 2022 | $159,297 | — | — | — | — |