Chevron Phillips Chemical Company LP401(k)
CHEVRON PHILLIPS CHEMICAL COMPANY LP 401(K) SAVINGS AND PROFIT SHARING PLAN · THE WOODLANDS, TX · plan year 2024
Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works
Chevron Phillips Chemical Company LP reported $1,441,105 in plan administrative expenses for 2024: 0.08% of average plan assets, above the peer median. Employer contributions averaged $9,374 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.
Across the 2 years on file its reported administrative ratio fell from 0.09% to 0.08%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other manufacturing employers. By assets it is the 71st-largest of 5,688 plans among Texas employers on file, and the 174th of 13,661 in manufacturing. In 2024, employees put in $1.66 for every $1.00 the employer contributed; active participation has grown from 4,486 to 4,981 since 2022.
Chevron Phillips Chemical Company LP's 2024 employer contribution ran above the $5,259 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 731587712 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.