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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

 
 
91
40
76
92
0
10
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30
40
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90
100
For the average 401k participant, the 1 point difference between this plan's BrightScope Rating (91) and the top rated plan (92) could equate to:
[How is this calculated?]
2 additional years of work
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

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 3,200 active participants and over $1.6B in plan assets.

 

 Investment Menu Statistics

No. of Investment Options
34
Plan Average: 24
Top 3 Funds in this 401k
1. Vanguard 500 Index 10%
2. United of Omaha Sub-Advised Guaranteed Investment Contract 10%
3. Prudential Sub-Advised Guaranteed Investment Contracts 8%

 Retirement Plan Details

Address 9009 West Loop South
Houston, TX 77096-1719 
Industry Mining, Quarrying, and Oil and Gas Extraction
Administrator Debra Mcnamara, Asc Treasurer
Net Plan Assets $1,550,000,000
Total Participants 3,300
Avg Account Balance $480,000

  Plan Service Providers

Insurance Carrier MetLife
Insurance Carrier Aegon
Auditor PricewaterhouseCoopers LLP

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