Retirement plan

THE WILLIAMS INVESTMENT PLUS PLAN

Name: THE WILLIAMS COMPANIES, INC. - THE WILLIAMS INVESTMENT PLUS PLAN (2024) Form 5500
Creator: THE WILLIAMS COMPANIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE WILLIAMS INVESTMENT PLUS PLAN, THE WILLIAMS COMPANIES, INC.

THE WILLIAMS COMPANIES, INC.EIN 73-0569878Plan #008PY 2024

P. O. BOX 2400, MD 42 - TULSA, OK 74102800-945-5426

Other plans on this EIN

3 filings

#001Retirement-$1.36B assets #002Retirement--#003Retirement--

Prospect flagsHigh feesHigh assets / participantCorrective distributions

Top hat statement on fileNQDC

Filed December 1, 2008 (most recent of 2 filings on file)

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

Open the filing PDF

How to read this page

Total assets (EOY)

$1978.6M

-3.2% from 2016

Total participants

7,451

+9.6% from 2016

Average account balance

$268,837

-11.4% from 2016

Annual return

20.04%

-7.37 pp from 2016

Benchmarks

See 1,214 peers

Peer group

Industryany (size+type match)

Plan typeDefined contribution

Participants5,000-9,999

Cohort1,214 peers

Snapshot2024

Participant deferral / active EE

$12,053

median $4,571

Employer contribution / active EE

$11,586

median $2,271

Participation rate

98.4%

median 88.6%

Avg account balance

$268,837

median $72,364

Admin fee / account holder

$365

median $76

Annual return

20.04%

median 14.77%

Overall peer rank

75of 100

75th percentileavg across 6 metrics

Analytics

2015 - 2024

Total assets (EOY)

Plan-year ending balance

$1.98B

Average account balance

Total assets / participants with a balance (line 6g)

$269K

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

7,360

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

98.4%

Contributions (total)

Employer and participant dollars contributed each year

$134.56M

Contributions per participant

Average employer and participant contribution per enrolled participant

$24K

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+20.04%

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$365

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Mutual / pooled
Stocks
Bonds
Cash
Real estate
Loans

Service providers

Top 4 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL10+ years Filed as: FIDELITY INVEST. INSTL. OPER. CO., Service code 15 · EIN 04-2647786	Recordkeeping	$270,824
MERCER10+ years Filed as: MERCER INVESTMENT CONSULTING, INC. Service code 16 · EIN 61-0736136	Consulting	$163,955
STRATEGIC ADVISORS, INC.1 year Service code 27 · EIN 04-2654524	Advisory (Plan)	$81,502
MERCER10+ years Filed as: MERCER (US) INC. Service code 16 · EIN 13-2834414	Consulting	$12,300

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 3 Non-exempt transaction	MACQUARIE INVESTMENT MGMT ADVISORS	PARTY-IN-INTEREST IMPROPER PAYMENT OF A COMMISSION BY THE PLAN TO A BROKER	—	$255

Plan features & details

Pension benefit codes2E2F2G2J2K2O2R2S2T3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2O
ESOP other than a leveraged ESOP
Employee stock ownership plan that is not leveraged.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$2.7M

$471 / participant

Recordkeeping$352K13.1%
Trustee / custodial$69K2.6%
Investment mgmt$2M84.3%

% of EOY assets

0.136%

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$268,837

$99,313+170.7%

$133,698+101.1%

$99,313+170.7%

Participation rate

98.4%

71.7%+26.7pp

76.4%+22.0pp

71.7%+26.7pp

Annual return

20.04%

17.67%+2.4pp

580.90%-560.9pp

17.67%+2.4pp

Employer contribution / active EE

$11,586

$3,264+254.9%

$4,218+174.7%

$3,264+254.9%

Participant deferral / active EE

$12,053

$5,346+125.5%

$7,016+71.8%

$5,346+125.5%

Admin fee / account holder

$365

$109+233.9%

$6,703-94.6%

$109+233.9%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL10+ years

Filed as: FIDELITY INVEST. INSTL. OPER. CO.,

Service code 15 · EIN 04-2647786

Recordkeeping

$270,824

MERCER10+ years

Filed as: MERCER INVESTMENT CONSULTING, INC.

Service code 16 · EIN 61-0736136

Consulting

$163,955

STRATEGIC ADVISORS, INC.1 year

Service code 27 · EIN 04-2654524

Advisory (Plan)

$81,502

MERCER10+ years

Filed as: MERCER (US) INC.

Service code 16 · EIN 13-2834414

Consulting

$12,300

THE WILLIAMS INVESTMENT PLUS PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Reportable transactions (Schedule G)

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE WILLIAMS INVESTMENT PLUS PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Reportable transactions (Schedule G)

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion