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Company:
Saudi Arabian Oil Company
Plan:
The Savings Plan of Saudi Arabian Oil Company
 

Saudi Arabian Oil Company

91 Plan: The Savings Plan of Saudi Arabian Oil Company

 
 
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Congratulations! This plan has the highest rating in its peer group.
 

Retirement Plan Description

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.

 

 Retirement Plan Details

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

 Compare Other Companies in Peer Group

Anadarko Petroleum 86.6
Devon Energy 85.0
Occidental Petroleum 83.3
Baker Hughes 78.6
XTO Energy 78.1
Smith International 73.8

 Top 3 Funds in this 401k

1. Vanguard 500 Index 11%
2. United of Omaha Sub-Advised Guaranteed Investment Contract 10%
3. Vanguard Prime Money Market 9%

  Plan Service Providers

Insurance Carrier MetLife
Insurance Carrier Aegon
Insurance Carrier Principal Financial Group
Auditor PricewaterhouseCoopers LLP

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