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Company:
BP Corporation North America, Inc.
Plan:
BP Partnership Savings Plan
 

BP Corporation North America, Inc.

71 Plan:

 
 
71
30
67
88
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 17 point difference between this plan's BrightScope Rating (71) and the top rated plan (88) could equate to:
[How is this calculated?]
10 additional years of work
Up to $124,700 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

BP Partnership Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 71. This plan is in the top 15% of plans for Total Plan Cost. BP Partnership Savings Plan currently has over 700 active participants and over $13.2M in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
33
Plan Average: 24
Top 3 Funds in this 401k
1. BP PLC American Depositary Shares 23%
2. SSgA Short Term Investment Fund 8%
3. SSgA S&P 500 Index 7%

 Retirement Plan Details

Address 501 Westlake Park Blvd.
Wl1 24.182a
Houston, TX 77079 
Industry Petroleum Refineries
Administrator Richard J, Dorazil
Net Plan Assets $13,200,000
Total Participants 800
Avg Account Balance $20,000

  Plan Service Providers

Administration Fidelity
Recordkeeper Fidelity
Auditor Ernst & Young

 Comments