Occidental Petroleum Corporation
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Retirement Plan Description
Occidental Petroleum Corporation Savings Plan is a defined contribution plan with a profit-sharing component, 401k feature, and 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 Account Balances, Company Generosity, Salary Deferral, and Total Plan Cost. Occidental Petroleum Corporation Savings Plan currently has over 11,900 active participants and over $2.3B in plan assets.
|1.||Occidental Petroleum Corporation Common Stock||35%|
|2.||Invesco Stable Value Fund||22%|
|3.||Vanguard Institutional Index||7%|
10889 Wilshire Blvd.
Los Angeles, CA 90024
|Industry||Mining, Quarrying, and Oil and Gas Extraction|
|Administrator||Linda R. Ritts|
|Net Plan Assets||$2,300,000,000|
|Avg Account Balance||$200,000|
|Saudi Arabian Oil Company||90.7|
|Marathon Oil Company||86.2|