Occidental Petroleum Corporation401(k) + ESOP (KSOP)
OCCIDENTAL PETROLEUM CORPORATION SAVINGS PLAN · HOUSTON, TX · plan year 2024
Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works
Occidental Petroleum Corporation reported $2,289,537 in plan administrative expenses for 2024: 0.07% of average plan assets, above the peer median. Employer contributions averaged $10,738 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 0.06% to 0.07%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 39th-largest of 5,688 plans among Texas employers on file, and the 5th of 612 in mining, oil & gas extraction. In 2024, employees put in $1.37 for every $1.00 the employer contributed; active participation has grown from 8,374 to 9,533 since 2022.
Occidental Petroleum Corporation'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.
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Source: U.S. Department of Labor, Form 5500 series, EIN 954035997 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.