Plan Snapshot
- Plan Sponsor: Shell Usa, INC.
- Sponsor EIN: 131299890
- Sponsor Address: 150 N DAIRY ASHFORD, HOUSTON, TX, 77079
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 12,236
- Total Assets: $0
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 | 12,236 | $0 | $309.4M | $147.4M |
| 2023 | 12,844 | $45.3M | $262.1M | $163.6M |
| 2022 | 12,641 | $101.7M | $365.8M | $171.8M |
| 2021 | 13,401 | $73.2M | $405.9M | $192.7M |
| 2020 | 15,582 | $87.3M | $419.4M | $206.3M |
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 INSURANCE CO | Other Service Provider | $11,304,749 | — | $11,304,749 |
| CVS CAREMARK | Other Service Provider | $1,623,839 | — | $1,623,839 |
| CIGNA HEALTH AND LIFE INSURANCE GEM | Other Service Provider | $1,362,686 | — | $1,362,686 |
| KELSEY-SEYBOLD CLINIC | Other Service Provider | $940,407 | — | $940,407 |
| LYRA | Other Service Provider | $370,297 | — | $370,297 |
| PRINCIPAL CUSTODY SOLUTIONS | Recordkeeper | $61,833 | — | $61,833 |
| MCCONNELL & JONES, LLP | Auditor | $61,791 | — | $61,791 |
| BAROLET | Other Service Provider | $8,986 | — | $8,986 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PRINCIPAL CUSTODY SOLUTIONS — Recordkeeper
- MCCONNELL & JONES, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,734,588
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 | $15,734,588 | — | $15,601,978 | $61,791 | — |
| 2023 | $13,696,166 | — | $13,485,200 | $90,000 | — |
| 2022 | $11,488,535 | — | $11,300,842 | — | — |
| 2021 | $17,475,558 | — | $17,386,995 | — | — |
| 2020 | $17,049,545 | $230,000 | $16,816,920 | — | — |