Retirement plan
CONOCOPHILLIPS RETIREMENT PLAN
CONOCOPHILLIPS COMPANYEIN 73-0400345Plan #021PY 2023
935 NORTH ELDRIDGE PARKWAY - HOUSTON, TX 77079918-661-6199conocophillips.comLinkedIn10001+ employeesoil & energy
Other plans on this EIN
1 filingProspect flagsNo flags tripped
Filing contacts
From the Form 5500, federal recordPlan administrator signer
CHRISTINE HUNT
Signed 10/10/2024
Plan administrator entity
CONOCOPHILLIPS COMPANY BENEFITS COMMITTEE
EIN 300838101
PO BOX 4783 · HOUSTON, TX 77210
Summary metrics
Total assets (EOY)
$1382.9M
+2.3% from 2016
Total participants
10,535
+6.3% from 2016
Average account balance
$0
No prior year
Annual return
11.38%
-1.48 pp from 2016
Benchmarks
Peer group
Industryany (size+type match)
Plan typeDefined benefit
Participants1,000-4,999
Cohort831 peers
Snapshot2023
0
Participant deferral / active EE
$0
median $102
58
Employer contribution / active EE
$18,687
median $8,821
0
Participation rate
0.0%
median 0.0%
0
Avg account balance
$0
median $13,363
0
Admin fee / account holder
$0
median $125
70
Annual return
11.38%
median 9.05%
Overall peer rank
64of 100
64th 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 5 by compensation
| Provider | Service type | Compensation |
|---|---|---|
FIDELITY INV. INST. OPS. CO.4 years Service code 64 · EIN 04-2647786 | Recordkeeping Fees | $918,232 |
Service code 51 · EIN 94-3112180 | Investment Mgmt Fees | $836,105 |
PRUDENTIAL ASSET MANAGEMENT9+ years Service code 23 · EIN 22-1211670 | Securities brokerage commissions and ... | $509,241 |
LAZARD ASSET MANAGEMENT9+ years Service code 51 · EIN 05-0530199 | Investment Mgmt Fees | $260,379 |
BANK OF NEW YORK MELLON9+ years Service code 18 · EIN 13-5160382 | Custodial (other than securities); Tr... | $92,207 |
Enrolled actuary
1 attachment
SB
AMY M DOSLICH
WILLIS TOWERS WATSON US LLC
Enrollment #2307755
500 N. AKARD STREET SUITE 4100
SUITE 4300
DALLAS, TX 75201
(214) 530-4200
Signed 2024-09-06
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.
| Category | Counterparty | Relationship / Terms | Address | Amount |
|---|---|---|---|---|
| Part 1 Loan in default | LEHMAN BRTH HLD (RICI) ESCROW | — | 420 LEXINGTON AVENUE, SUITE 1402 NEW YORK, NY 10170 | — |
| Part 1 Loan in default | LEHMAN BRTH HLD (RICI) ESCROW | — | 420 LEXINGTON AVENUE, SUITE 1402 NEW YORK, NY 10170 | — |
| Part 3 Non-exempt transaction | CONOCOPHILLIPS COMPANY | PLAN SPONSOR INCORRECT BENEFIT REIMBURSEMENT FROM TRUST TO PLAN SPONSOR | — | — |
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
0 tripped
No flags tripped for this filing year. This plan looks clean.
Expense breakdown
Schedule H Part II
Admin total
$3.2M
$846 / participant
- Recordkeeping$918K29.0%
- Trustee / custodial$78K2.5%
- Investment mgmt$1M34.6%
- Other / not subdivided$1M34.0%
% of EOY assets
0.229%
all-in expense ratio
Categories reported
3 / 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