Plan Snapshot
- Plan Sponsor: Valero Energy Corporation
- Sponsor EIN: 741828067
- Sponsor Address: P.O. BOX 696000, SAN ANTONIO, TX, 782696000
- Plan Type: DB
- Plan Number: 005
- Total Participants: 6,554
- Total Assets: $2.6B
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 | 6,554 | $2.6B | $40.0M | $0 |
| 2023 | 6,460 | $2.5B | $40.0M | $0 |
| 2022 | 6,500 | $2.2B | $73.3M | $0 |
| 2020 | 6,896 | $2.7B | $166.0M | $0 |
| 2019 | 6,956 | $2.4B | $0 | $0 |
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 |
|---|---|---|---|---|
| COOKE AND BIELER LP | Other Service Provider | $869,911 | — | $869,911 |
| VICTORY CAPITAL MANAGEMENT | Investment Advisor | $865,039 | — | $865,039 |
| POST ADVISORY GROUP, LLC | Other Service Provider | $724,046 | — | $724,046 |
| EARNEST PARTNERS, LLC | Other Service Provider | $623,200 | — | $623,200 |
| BARROW HANLEY MEWHINNEY AND STRAUSS | Other Service Provider | $599,312 | — | $599,312 |
| PACIFIC INVESTMENT MGMT. CO LLC | Other Service Provider | $598,094 | — | $598,094 |
| FIERA CAPITAL INC. | Other Service Provider | $539,302 | — | $539,302 |
| AON CONSULTING, INC. | Recordkeeper | $528,686 | — | $528,686 |
| SEGALL BRYANT & HAMILL | Other Service Provider | $416,560 | — | $416,560 |
| ABERDEEN STANDARD INVESTMENTS, INC. | Other Service Provider | $266,674 | — | $266,674 |
| MORGAN STANLEY SMITH BARNEY LLC | Other Service Provider | $210,000 | — | $210,000 |
| PRINCIPAL TRUST COMPANY | Custodian / Trustee | $182,236 | — | $182,236 |
| BLACKROCK INSTITUTIONAL TRUST CO NA | Other Service Provider | $121,802 | — | $121,802 |
| NORTHERN TRUST CORPORATION | Other Service Provider | $40,793 | — | $40,793 |
| JOHN HANCOCK | Recordkeeper | $24,785 | — | $24,785 |
| JPMORGAN CHASE BANK, NA | Recordkeeper | $22,926 | — | $22,926 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- VICTORY CAPITAL MANAGEMENT — Investment Advisor
- AON CONSULTING, INC. — Recordkeeper
- PRINCIPAL TRUST COMPANY — Custodian / Trustee
- JOHN HANCOCK — Recordkeeper
- JPMORGAN CHASE BANK, NA — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $6,633,366
- Estimated Expense Ratio: 0.251% 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 | $7,827,564 | $5,897,659 | $24,785 | — | — |
| 2023 | $14,162,818 | $5,550,798 | $25,557 | — | — |
| 2022 | $7,329,545 | $5,664,371 | $26,492 | — | $582,066 |
| 2020 | $7,742,948 | $5,986,129 | — | — | — |
| 2019 | $7,918,352 | $6,229,751 | — | — | — |