Plan Ledger DOL Form 5500 · updated monthly

Citgo Petroleum Corporation401(k)

CITGO PETROLEUM CORPORATION EMPLOYEES' RETIREMENT AND SAVINGS PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.02%

Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works

Citgo Petroleum Corporation reported $167,276 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $13,730 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 rose from 0.01% to 0.02%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 119th-largest of 5,688 plans among Texas employers on file, and the 321st of 13,661 in manufacturing. In 2024, employees put in $1.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,030,075,948
Participants with balances3,274
Active participants2,429
Employer contributions$33,350,763
Employee contributions$33,862,840
Employer contribution per active participant$13,730
Average account balance$314,623
Benefits paid to participants$103,419,459
Plan auditUnmodified (clean) audit opinion
AuditorKPMG LLP
Plan history3
Yearassets · accounts · employer contribution
2024$1.0B · 3,274 accts · $33.4M emplr
2023$925.0M · 3,244 accts · $30.9M emplr
2022$803.8M · 3,118 accts · $25.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,949
Investment management$136,327
Total administrative$167,276
The Citgo Petroleum Corporation 401(k) match · 2024
Employer contribution per active participant$13,730
Median for plans this size$4,294
2024$13,730 per active participant
2023$13,035 per active participant
2022$11,631 per active participant

Citgo Petroleum Corporation's 2024 employer contribution ran above the $4,294 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.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
STRATEGIC ADVISORS · Investment advisory (plan)$136,327
FIIOC, INC. · Loan processing$30,949

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$167,276 · 0.02%
2023$122,852 · 0.01%
2022$93,291 · 0.01%
All plans at this employer2
EMPLOYEES' THRIFT PLAN OF CITGO PETROLEUM CORPORATION401(k)
CITGO PETROLEUM CORPORATION EMPLOYEES' RETIREMENT AND SAVINGS PLAN401(k)
Same employer
Similar plansManufacturing · Texas
Flowserve Corporation TX$1.2B · 0.02%
Hf Sinclair Corporation TX$1.2B · 0.06%
Hess Corporation TX$1.1B · 0.01%
Celanese Americas LLC TX$992.8M · 0.09%
Motiva Enterprises LLC TX$887.8M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731173881 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.