BrightScope Rating
Company:
ConocoPhillips Company
Plan:
ConocoPhillips Savings Plan
ConocoPhillips Company
84
Plan:
6
59
89
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 5 point difference between this plan's BrightScope Rating (84) and the top rated plan (89) could equate to:
[How is this calculated?]
[How is this calculated?]
4 additional years of work Up to $182,500 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.
Plan Description
ConocoPhillips Savings Plan is a defined contribution plan with a profit-sharing component, 401k feature, ESOP component, and leveraged ESOP component. This plan has a BrightScope Rating of 84, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Company Generosity, Salary Deferrals, Total Plan Cost, Investment Menu Quality, and Account Balances. ConocoPhillips Savings Plan currently has over 21,200 active participants and over $7.3B in plan assets.
Plan Details
| Address | 1490K Plaza Office Building Bartlesville, OK 74004 |
| Industry | Petroleum Refineries |
| Administrator | F.M. Vallejo |
| Net Plan Assets | $7,320,000,000 |
| Total Participants | 34,000 |
| Avg Account Balance | $220,000 |
Top 3 Investment Holdings
| 1. | ConocoPhillips Common Stock | 37% |
| 2. | SSgA Stable Value Fund | 23% |
| 3. | Vanguard 500 Index | 3% |
Other Companies in Peer Group
| BP Corporation North America | 86.0 |
| Pfizer | 83.6 |
| Shell Provident Fund Trustees | 83.4 |
| E. I. du Pont de Nemours and Company | 80.8 |
| Abbott Laboratories | 79.4 |
| RR Donnelley & Sons Company | 61.7 |
Plan Service Providers
| Insurance Carrier | Metropolitan Life |
| Auditor | Ernst & Young |
| Recordkeeper | Vanguard |
Comments