BrightScope Rating
Company:
Chevron Corporation
Plan:
Chevron Employee Savings Investment Plan
Chevron Corporation
85
Plan:
6
59
91
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 6 point difference between this plan's BrightScope Rating (85) and the top rated plan (91) could equate to:
[How is this calculated?]
[How is this calculated?]
5 additional years of work Up to $314,400 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
Chevron Employee Savings Investment Plan is a defined contribution plan with a profit-sharing component, 401k feature, and leveraged ESOP component. This plan has a BrightScope Rating of 85, 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, and Account Balances. Chevron Employee Savings Investment Plan currently has over 26,700 active participants and over $11.7B in plan assets.
Plan Details
| Address | 6001 Bollinger Canyon Road San Ramon, CA 94583 |
| Industry | Petroleum Refineries |
| Administrator | Taryn Shawstad |
| Net Plan Assets | $11,800,000,000 |
| Total Participants | 39,000 |
| Avg Account Balance | $300,000 |
Top 3 Investment Holdings
| 1. | Chevron Corporation | 58% |
| 2. | Vanguard Prime Money Market | 8% |
| 3. | Vanguard Institutional Index | 6% |
Other Companies in Peer Group
| BP Corporation North America | 86.1 |
| ConocoPhillips Company | 83.7 |
| Shell Provident Fund Trustees | 83.4 |
| E.I. DuPont De Nemours and Company | 80.8 |
| Abbott Laboratories | 79.3 |
| The Procter & Gamble Company | 67.2 |
Plan Service Providers
| Auditor | Morris, Davis & Chan LLP |
| Corporate Trustee | Vanguard |
| Administration | Chevron Corporation |
| Consultant | Hewitt Associates |
Comments