Retirement plan

CONOCOPHILLIPS RETIREMENT PLAN

CONOCOPHILLIPS COMPANYEIN 73-0400345Plan #021PY 2015
600 N DAIRY ASHFORD, ML 1092 - HOUSTON, TX 77079918-661-6199conocophillips.comLinkedIn10001+ employeesoil & energy
Other plans on this EIN
1 filing
Prospect flagsHigh retiree %

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(918) 661-6199
Plan administrator signer
LYNN TRAMEL
Signed 10/06/2016
Plan administrator entity
CONOCOPHILLIPS COMPANY BENEFITS COMMITTEE
EIN 300838101

Summary metrics

Total assets (EOY)
$2789.6M
+2.3% from 2016
Total participants
26,882
+6.3% from 2016
Average account balance
$0
No prior year
Annual return
1.24%
-1.48 pp from 2016

Benchmarks

Peer group
Industryany (size+type match)
Plan typeDefined benefit
Participants5,000-9,999
Cohort181 peers
Snapshot2015
Participant deferral / active EE
$0
median $77
Employer contribution / active EE
$10,078
median $7,040
Participation rate
0.0%
median 0.0%
Avg account balance
$0
Admin fee / account holder
$0
Annual return
1.24%
median -1.02%
Overall peer rank
68th percentileavg across 6 metrics

Analytics

2015 - 2024
Total assets (EOY)
Plan-year ending balance
$1.42B
Average account balance
Total assets / participants with a balance (line 6g)
$141K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
6,444
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
0.0%
Contributions (total)
Employer and participant dollars contributed each year
$70.00M
Contributions per participant
Average employer and participant contribution per enrolled participant
$19K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+3.73%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$0
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
  • Mutual / pooled
  • Stocks
  • Bonds
  • Cash
  • Real estate
  • Loans

Service providers

Top 10 of 14 by compensation
ProviderService typeCompensation
Service code 51 · EIN 04-2683227
Investment Mgmt Fees
$2,105,153
Service code 51 · EIN 05-0530199
Investment Mgmt Fees
$1,479,756
Service code 18 · EIN 13-5160382
Custodial (other than securities); Cu...
$1,093,010
Service code 51 · EIN 95-2705767
Investment Mgmt Fees
$1,075,285
Service code 49 · EIN 94-3112180
Other Services
$1,022,121
Service code 51 · EIN 75-2403190
Investment Mgmt Fees
$1,015,739
Service code 64 · EIN 22-2232264
Recordkeeping Fees
$914,331
Service code 51 · EIN 62-1237220
Investment Mgmt Fees
$790,175
Service code 51 · EIN 20-3888589
Investment Mgmt Fees
$635,091
Service code 51 · EIN 04-3543039
Investment Mgmt Fees
$603,345

Enrolled actuary

1 attachment
SB

TERRY MCFADDEN

WILLIS TOWERS WATSON DELAWARE INC.
Enrollment #1406240
500 N. AKARD STREET SUITE 4100
DALLAS, TX 75201
(214) 530-4200
Signed 2016-09-15

Reportable transactions (Schedule G)

3 rows

Counterparties on defaulted loans (Part 1), defaulted leases (Part 2), and non-exempt prohibited transactions (Part 3). Presence of any row warrants fiduciary review.

CategoryCounterpartyRelationship / TermsAddressAmount
Part 1
Loan in default
SAMSON INVESTMENT COMPANY
SAMSON PLAZA
2 WEST SECOND STREET
TULSA, OK 741033103
Part 1
Loan in default
QUICKSILVER INC
5600 ARGOSY, #100
HUNTINGTON BEACH, CA 92649
Part 1
Loan in default
QUICKSILVER INC
5600 ARGOSY, #100
HUNTINGTON BEACH, CA 92649

Top hat statement on fileNQDC

Filed April 11, 2019 (most recent of 12 filings on file)

Plans declared (1)

  • Company Retirement Contribution Make-Up Plan of ConocoPhillips3 emp

Plan features & details

Pension benefit codes1A1D3H3F1C
Plan features
  • 1A
    Benefits are primarily pay related
    Benefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
  • 1C
    Cash balance or similar plan
    A cash balance formula in a defined benefit plan that expresses the accrued benefit in terms more common to a defined contribution plan such as a hypothetical account balance or single sum amount (includes personal account plan pension equity plan life cycle plan and cash account plan).
  • 1D
    Floor-offset plan
    Defined benefit plan whose benefits are offset by retirement benefits provided under an employer-sponsored defined contribution plan.
  • 3F
    Leased employees
    Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
  • 3H
    Controlled group member
    Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped
  • InformationalHigh retiree %

    Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II
Admin total
$18.1M
$2280 / participant
  • Investment mgmt$10M54.6%
  • Other / not subdivided$8M45.4%
% of EOY assets
0.649%
all-in expense ratio
Categories reported
1 / 9
subdivided buckets used

Audit opinion

Schedule H Part III
Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm
ERNST & YOUNG LLP
Auditor EIN
346565596
Audit fees
(not subdivided)
Opinion code
Unqualified