Plan Snapshot
- Plan Sponsor: Occidental Petroleum Corporation
- Sponsor EIN: 954035997
- Sponsor Address: 5 GREENWAY PLAZA, HOUSTON, TX, 770460506
- Plan Type: 401(k)
- Total Participants: 9,533
- Total Assets: $3.5B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 9,533 | $3.5B | $102.4M | $140.7M |
| 2023 | 8,835 | $3.3B | $89.9M | $125.2M |
| 2022 | 8,374 | $2.9B | $80.8M | $109.5M |
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 |
|---|---|---|---|---|
| WEAVER & TIDWELL LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WEAVER & TIDWELL LLP — 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 | $2,289,537 | — | — | — | — |
| 2023 | $1,843,308 | — | — | — | — |
| 2022 | $1,625,621 | — | — | — | — |