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FORM 5500 DATA

Chevron Employee Savings Investment Plan

Overview

Plan Information

  • Plan Year01/01/2007 — 12/31/2007
  • Date of Plan07/01/1952
  • Net Assets as of 12/31/2007 $15,361,989,184
  • Plan Number1
  • Plan Type Single Employer
  • Is the plan collectively bargained?Yes
  • Did the plan file for an extension of time or the DFVC Program?Yes
  • Plan Funding Arrangement Trust
  • Plan Benefit Arrangement Trust

Participant Information as of 12/31/2007

  • Active (Eligible) Participants25,569
  • Retired or separated participants receiving benefits571
  • Other retired or separated participants entitled to future benefits11,332
  • Subtotal37,472
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits384
  • Total37,856
  • Total number of participants as of 01/01/200735,911
  • Number of participants with account balances37,370
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested10
  • Number of participants required to be reported on Schedule SSA595

Expenses

  • Total Benefit Payments$0
  • Corrective Distributions$0
  • Administrative Service Providers$0
  • Other Expenses$0
  • Total Expenses$0
  • Total Transfers$0

Sponsor Information

  • Address6001 Bollinger Canyon Rd Rm H3504
  • CitySan Ramon
  • StateCA
  • Zip94583-2324
  • Telephone(925) 842-6544
  • EIN94-0890210
  • Industry Code324110
  • Named AdministratorClaudia Polidori
  • Named Plan SponsorClaudia Polidori

Plan Administrator Information

  • Administrator NameSAME
  • Administrator EIN

Audit Information

  • Audit StatusAudited
  • AuditorMorris, Davis & Chan LLP
  • Auditor EIN94-2214860
  • Audit OpinionUnqualified
  • Audit Type Full Audit

Benefits Provided Under the Plan

Code Benefit Description
2E Profit-sharing A defined contribution plan that allows employer discretionary contributions. These plans often contain a 401(k) feature.
2F ERISA section 404(c) Plan This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
2H Partial participant-directed account plan Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J Code section 401(k) feature A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
2K Code section 401(m) arrangement Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contributions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
2P Leveraged ESOP An Employee Stock Ownership Plan (ESOP) that acquires employer securities with borrowed money or other debt-financing techniques.
3H Controlled Group Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

Questions and Answers

Question Answer Amount
During the plan year did the employer fail to transmit to the plan any participant contributions within the time period described in 29 CFT 2510.3-102? No
Were any loans by the plan or fixed income obligations due the plan in default as of the close of plan year or classified during the year as uncollectible? Disregard participant loans secured by participant's account balance. No
Were any leases to which the plan was a party in default or classified during the year as uncollectible? No
Were there any nonexempt transactions with any party-in-interest? No
Was this plan covered by a fidelity bond? Yes $20,000,000
Did the plan have a loss, whether or not reimbursed by the plan's fidelity bond, that was caused by fraud or dishonesty? No
Did the plan hold any assets whose current value was neither readily determinable on an established market nor set by an independent third party appraiser? No
Did the plan receive any noncash contributions whose value was neither readily determinable on an established market nor set by an independent third party appraiser? No
Did the plan have assets held for investment? Yes
Were any plan transactions or series of transactions in excess of 5% of the current value of plan assets? Yes
Were all the plan assets either distributed to participants or beneficiaries, transferred to another plan, or brought under the control of the PBGC? No

Financials

Income and Expense Statement

Income $3,099,960,166
Contributions $540,836,056
Cash Contributions $335,868,337
Cash from Employers $0
Cash from Participants $268,989,221
Others (including rollovers) $66,879,116
Noncash Contributions $204,967,719
Total Earnings on Investments $2,559,124,110
Total Interest $10,587,870
Interest-Bearing Cash $4,226,305
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $0
Interest from Other Investments $6,361,565
Total Dividends $220,690,186
Preferred Stock $0
Common Stock $220,690,186
Rents $0
Net gain (loss) on sale of assets $199,368,753
Aggregate Proceeds $1,312,040,667
Aggregate Carrying Amount $1,112,671,914
Total Unrealized Appreciation (depreciation) of assets $2,128,477,301
Real Estate $0
Other $2,128,477,301
Net investment gain (loss) from common/collective trusts $0
Net investment gain (loss) from pooled separate accounts $0
Net investment gain (loss) from master trust investment accounts $0
Net investment gain (loss) from 103-12 investment entities $0
Net investment gain (loss) from registered investment companies $0
Other Income $0
Expenses $913,481,817
Total Benefit Payments $895,181,029
Directly to participants or beneficiaries, including direct rollovers $895,181,029
To insurance carriers for the provision of benefits $0
Other Benefit Payment Fees $0
Corrective Distributions $0
Certain deemed distributions of participant loans $0
Interest expense $15,622,809
Total Administrative Expenses $2,677,979
Professional Fees $171,178
Contract Administrator Fees $0
Investment Advisory and management fees $0
Other Administrative Fees $2,506,801
Net Income $2,186,478,349
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

12/31/2007 12/31/2006 Change YOY
Total Assets $15,583,124,286 $13,389,085,870 16.39%
Total noninterest-bearing cash $0 $0 0.0%
Receivables $495,541 $411,674 20.37%
Employer Contributions $25,746 $0 0.0%
Participant Contributions $6,642 $0 0.0%
Other Contributions $463,153 $411,674 12.50%
General Investments $120,874,550 $60,127,711 101.03%
Interest-bearing cash $120,568,874 $59,825,459 101.53%
U.S. Government Securities $7,001 $6,841 2.34%
Corporate Debt Instruments $298,675 $295,411 1.10%
Preferred $298,675 $295,411 1.10%
All Other $0 $0 0.0%
Corporate Stocks $8,433,977 $9,667,245 -12.76%
Preferred $0 $32,713 -100.00%
Common $8,433,977 $9,634,532 -12.46%
Partnership/joint venture interests $0 $0 0.0%
Real estate (other than employer real property) $0 $0 0.0%
Loans (other than to participants) $0 $0 0.0%
Participants Loans $103,663,936 $102,699,880 0.94%
Value of interest in common/collective trusts $0 $0 0.0%
Value of interest in pooled separate accounts $0 $0 0.0%
Value of interest in master trust investment accounts $0 $0 0.0%
Value of interest in 103-12 investment entities $0 $0 0.0%
Value of interest in registered investment companies $6,503,625,458 $5,800,727,350 12.12%
Value of funds held in insurance co. general account $0 $0 0.0%
Other Investments $0 $0 0.0%
Employer-related Investments $8,846,030,824 $7,415,452,010 19.29%
Employer Securities $8,846,030,824 $7,415,452,010 19.29%
Employer Real Property $0 $0 0.0%
Buildings and other property used in plan operation $0 $0 0.0%
Total Liabilities $221,135,102 $213,575,035 3.54%
Benefit Claims Payable (1) $0 $0 0.0%
Operating Payables (1) $0 $0 0.0%
Acquisition Indebtedness (1) $0 $0 0.0%
Other liabilities (1) $221,135,102 $213,575,035 3.54%
Net Assets $15,361,989,184 $13,175,510,835 16.60%

Service Providers

Service Providers

Name Nature of Service Relationship to Plan Sponsor Gross Salary or Allowances Paid by Plan Fees and Commissions Paid by Plan Total Salary/Fees
Vanguard Fiduciary Trust Co. Trustee (Corporate) $0 $1,865,744 $1,865,744
Chevron Corporation Administration $0 $641,057 $641,057
Morris Davis & Chan Accounting $0 $88,938 $88,938
Orrick Herrington & Sutcliffe LLP Legal $0 $74,337 $74,337
Hewitt Associates LLC Consulting $0 $7,903 $7,903
Total $0 $2,677,979 $2,677,979

Investments

Investments

No investments information available for this plan.

Insurance Information

Insurance Information

There are no insurance carriers listed for this plan.