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Company:
Occidental Petroleum Corporation
Plan:
Occidental Petroleum Corporation Savings Plan
 

Occidental Petroleum Corporation

83 Plan:

 
 
83
40
92
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 9 point difference between this plan's BrightScope Rating (83) and the top rated plan (92) could equate to:
[How is this calculated?]
7 additional years of work
Up to $17,400 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.

 

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 83. This plan is 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 11,200 active participants and over $2.3B in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
18
Plan Average: 24
Top 3 Funds in this 401k
1. Occidental Petroleum Corporation Common Stock 42%
2. Invesco Stable Value Fund 22%
3. Vanguard Institutional Index 7%

 Retirement Plan Details

Address 10889 Wilshire Blvd.
Los Angeles, CA 90024 
Industry Mining, Quarrying, and Oil and Gas Extraction
Administrator Linda R. Ritts
Net Plan Assets $2,320,000,000
Total Participants 11,000
Avg Account Balance $210,000

  Plan Service Provider

Auditor KPMG, Llp

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