Retirement plan
CONOCOPHILLIPS RETIREMENT PLAN
CONOCOPHILLIPS COMPANYEIN 73-0400345Plan #021PY 2016
600 N DAIRY ASHFORD, ML 1062 - HOUSTON, TX 77079918-661-6199conocophillips.comLinkedIn10001+ employeesoil & energy
Other plans on this EIN
1 filingProspect flagsHigh retiree %Low returns
Filing contacts
From the Form 5500, federal recordPlan administrator signer
LYNN TRAMEL
Signed 10/11/2017
Plan administrator entity
CONOCOPHILLIPS COMPANY BENEFITS COMMITTEE
EIN 300838101
Summary metrics
Total assets (EOY)
$2728M
+2.3% from 2016
Total participants
25,284
+6.3% from 2016
Average account balance
$0
No prior year
Annual return
2.72%
-1.48 pp from 2016
Benchmarks
Peer group
Industryany (size+type match)
Plan typeDefined benefit
Participants5,000-9,999
Cohort215 peers
Snapshot2016
0
Participant deferral / active EE
$0
median $31
79
Employer contribution / active EE
$88,222
median $6,836
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
median $57,821
0
Admin fee / account holder
$0
median $387
18
Annual return
2.72%
median 6.54%
Overall peer rank
48of 100
48th 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
| Provider | Service type | Compensation |
|---|---|---|
Service code 51 · EIN 04-2683227 | Investment Mgmt Fees | $1,657,969 |
AON CONSULTING INC1 year Service code 64 · EIN 22-2232264 | Recordkeeping Fees | $1,146,438 |
LAZARD ASSET MANAGEMENT2+ years Service code 51 · EIN 05-0530199 | Investment Mgmt Fees | $1,132,020 |
Service code 49 · EIN 94-3112180 | Other Services | $922,253 |
WESTERN ASSET MANAGEMENT2+ years Service code 51 · EIN 95-2705767 | Investment Mgmt Fees | $816,908 |
PRUDENTIAL ASSET MANAGEMENT2+ years Service code 23 · EIN 22-1211670 | Other services; Insurance services; I... | $806,195 |
Service code 51 · EIN 75-2403190 | Investment Mgmt Fees | $790,973 |
NEW SOUTH CAPITAL MANAGEMENT2+ years Service code 51 · EIN 62-1237220 | Investment Mgmt Fees | $582,289 |
Service code 51 · EIN 20-3888589 | Investment Mgmt Fees | $549,198 |
PUTNAM ADVISORY COMPANY2+ years Service code 51 · EIN 04-3543039 | Investment Mgmt Fees | $522,875 |
Enrolled actuary
1 attachment
SB
TERRY MCFADDEN
WILLIS TOWERS WATSON DELAWARE INC.
Enrollment #1706240
500 N. AKARD STREET SUITE 4100
DALLAS, TX 75201
(214) 530-4200
Signed 2017-09-13
Reportable transactions (Schedule G)
1 row
Counterparties on defaulted loans (Part 1), defaulted leases (Part 2), and non-exempt prohibited transactions (Part 3). Presence of any row warrants fiduciary review.
| Category | Counterparty | Relationship / Terms | Address | Amount |
|---|---|---|---|---|
| Part 1 Loan in default | MIDSTATES PETRO INC | — | 321 SOUTH BOSTON AVENUE SUITE 1000 TULSA, OK 74103 | — |
Top hat statement on fileNQDC
Filed April 11, 2019 (most recent of 12 filings on file)
Plan administrator
Plans declared (1)
- Company Retirement Contribution Make-Up Plan of ConocoPhillips3 emp
Plan features & details
Pension benefit codes1A1D3H3F1C
Plan features
- 1ABenefits are primarily pay relatedBenefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
- 1CCash balance or similar planA 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).
- 1DFloor-offset planDefined benefit plan whose benefits are offset by retirement benefits provided under an employer-sponsored defined contribution plan.
- 3FLeased employeesPlan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
- 3HControlled group memberPlan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
Opportunity flags
2 tripped
- OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
- 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
$24.0M
$3523 / participant
- Investment mgmt$7M30.8%
- Other / not subdivided$17M69.2%
% of EOY assets
0.878%
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