The Savings Plan of Saudi Arabian Oil Company is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 91, 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. The Savings Plan of Saudi Arabian Oil Company currently has over 3,100 active participants and over $1.5B in plan assets.
| Address |
9009 West Loop South
Houston, TX 77096-1719 |
| Industry | Mining, Quarrying, and Oil and Gas Extraction |
| Administrator | Ramzi Jad, Asc Treasurer |
| Net Plan Assets | $1,530,000,000 |
| Total Participants | 3,200 |
| Avg Account Balance | $480,000 |
| Anadarko Petroleum | 86.6 |
| Devon Energy | 85.0 |
| Occidental Petroleum | 83.3 |
| Baker Hughes | 78.6 |
| XTO Energy | 78.2 |
| Smith International | 73.8 |
| 1. | Vanguard 500 Index | 11% |
| 2. | United of Omaha Sub-Advised Guaranteed Investment Contract | 10% |
| 3. | Vanguard Prime Money Market | 9% |
| Insurance Carrier | MetLife |
| Insurance Carrier | Aegon |
| Insurance Carrier | Principal Financial Group |
| Auditor | PricewaterhouseCoopers LLP |
| Corporate Trustee | Vanguard Group |
| Recordkeeper | Vanguard Group |
BrightScope Rating
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