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Company:
CITGO Petroleum Corporation
Plan:
CITGO Petroleum Corporation Employees Retirement and Savings Plan
 

CITGO Petroleum Corporation

86 Plan:

 
 
86
19
73
89
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 3 point difference between this plan's BrightScope Rating (86) and the top rated plan (89) could equate to:
[How is this calculated?]
3 additional years of work
Up to $26,900 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

CITGO Petroleum Corporation Employees Retirement and Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 86, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances, Company Generosity, Salary Deferral, and Total Plan Cost. CITGO Petroleum Corporation Employees Retirement and Savings Plan currently has over 3,000 active participants and over $618.7M in plan assets.


 Investment Menu Statistics

No. of Investment Options
20
Plan Average: 20
Largest Funds in this 401k: based on % allocation of assets
1. Total US Government Securities 15%
2. Total Corporate Bonds 9%
3. Fidelity Spartan 500 Index 8%

 Retirement Plan Details

Address Po Box 4689
Houston, TX 77210-4689 
Industry Petroleum Refineries
Administrator Michael Najar
Sponsor John Butts
Net Plan Assets $619,000,000
Total Participants 3,100
Avg Account Balance $200,000

 Compare Other Companies in Peer Group

Sunoco 84.4
Teva Pharmaceuticals USA 83.5
Lyondell Chemical Company 82.8
American Refining Group 74.5
Deluxe 73.4
Carson Oil Company 40.5

  Plan Service Providers

Recordkeeper Fidelity
Auditor Kpmg, LLP