Plan Ledger DOL Form 5500 · updated monthly

Shell USA, Inc.401(k)

SHELL PROVIDENT FUND · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Shell USA, Inc. reported $7,367,776 in plan administrative expenses for 2024: 0.07% of average plan assets, above the peer median. Employer contributions averaged $17,371 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 0.08% to 0.07%. 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 10th-largest of 5,688 plans among Texas employers on file, and the 32nd of 13,661 in manufacturing. In 2024, employees put in $1.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,506,841,572
Participants with balances24,212
Active participants12,093
Employer contributions$210,061,968
Employee contributions$230,236,952
Employer contribution per active participant$17,371
Average account balance$475,254
Benefits paid to participants$1,058,977,629
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.5B · 24,212 accts · $210.1M emplr
2023$10.7B · 25,236 accts · $196.5M emplr
2022$9.5B · 25,672 accts · $179.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$952,217
Investment management$5,726,639
Audit (IQPA)$163,000
Total administrative$7,367,776
The Shell USA, Inc. 401(k) match · 2024
Employer contribution per active participant$17,371
Median for plans this size$5,259
2024$17,371 per active participant
2023$15,454 per active participant
2022$14,708 per active participant

Shell USA, Inc.'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.

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 · 202412
FID INV INST OPS CO · Recordkeeping · Loan processing$1,052,388
EDELMAN FINANCIAL ENGINES,INC · Investment advisory (plan)$3,631,166
BLACKROCK INSTITUTIONAL TRUST CO. · Trustee · Trustee (discretionary)$1,851,273
FID MGMT TRUST CO · Investment management$244,200
ERNST & YOUNG · Accounting / audit$163,000
RUSSELL IMPLEMENTATION SERVICES · Investment management · Consulting$118,945
PENSION AND SAVINGS ANALYST$107,761
MANAGER PENSION ADMINISTRATION$92,056
PENSION PROJECT MANAGER$90,726
CEM BENCHMARKING INC · Other services$40,500
AON BENEFITS AND INSURANCE SERVICES · Consulting$30,150
MANAGER ADMINISTRATION AND CONTROLS$28,741

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

Recordkeeper by year2
2024Fidelity
2023Fidelity

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$7,367,776 · 0.07%
2023$6,789,706 · 0.07%
2022$8,141,414 · 0.08%
Same employer
Similar plansManufacturing · Texas
Caterpillar Inc. TX$23.0B · 0.04%
Dell Inc. TX$14.6B · 0.03%
Hp Inc. TX$10.9B · 0.03%
Phillips 66 Company TX$7.7B · 0.05%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 131299890 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.