Retirement plan

CHEVRON EMPLOYEE SAVINGS INVESTMENT PLAN

Name: CHEVRON CORPORATION - CHEVRON EMPLOYEE SAVINGS INVESTMENT PLAN (2018) Form 5500
Creator: CHEVRON CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CHEVRON EMPLOYEE SAVINGS INVESTMENT PLAN, CHEVRON CORPORATION

CHEVRON CORPORATIONEIN 94-0890210Plan #001PY 2018

6001 BOLLINGER CANYON ROAD, BUILDING H, ROOM H1268 - SAN RAMON, CA 94583713-372-4335chevron.comLinkedIn10001+ employeesoil & energy

Other plans on this EIN

4 filings

#006Retirement-$9.35B assets #072Retirement-$59.8M assets #052Retirement-$16.9M assets #051Retirement-$6.5M assets

Prospect flagsLow returnsHigh assets / participantFailed to provide benefitCorrective distributions

Top hat statement on fileNQDC

Filed January 17, 1997 (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.

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How to read this page

Total assets (EOY)

$16940.7M

-15.0% from 2017

Total participants

35,611

-2.8% from 2017

Average account balance

$486,104

-10.7% from 2017

Annual return

-5.62%

-19.34 pp from 2017

Benchmarks

See 51 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants>=10,000

Cohort51 peers

Snapshot2018

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$20.38B

Not enough data

1 years with asset history on file

Average account balance

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

$593K

Not enough data

1 years with per-participant data

Participants with account balance

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

34,370

Not enough data

1 years with headcount on file

Eligible Participants and Participation

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

97.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$723.66M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$33K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+12.69%

Not enough data

1 years with return on file

Admin fee / account holder

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

$87

Not enough data

1 years with admin cost on file

Asset composition

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

Not enough data

1 years with F_SCH_H allocation on file

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Service providers

Top 8 by compensation

Provider	Service type	Compensation
STRATEGIC ADVISORS, INC.1 year Service code 27 · EIN 04-2654524	Advisory (Plan)	$1,328,268
FIDELITY INVESTMENTS INSTITUTIONAL1 year Service code 37 · EIN 04-2647786	Loan Processing	$750,473
CONDUENT HR CONSULTING, LLC2 years Filed as: CONDUENT HR CONSULTING LLC Service code 15 · EIN 04-3609848	Recordkeeping	$210,555
CHEVRON CORPORATION4+ years Service code 15 · EIN 94-0890210	Recordkeeping	$148,208
MORRIS DAVIS CHAN & TAN LLP1 year Filed as: MORRIS DAVIS CHAN AND TAN Service code 10 · EIN 94-2214860	Accounting	$128,948
SEYFARTH SHAW LLP2 years Service code 29 · EIN 36-2152202	Legal	$63,908
CALLAN ASSOCIATES1 year Filed as: CALLAN LLC Service code 16 · EIN 94-2192581	Consulting	$45,000
INFORMA2 years Filed as: INFORMA INVESTMENT SOLUTIONS Service code 15 · EIN 04-2705709	Recordkeeping	$8,323

Plan features & details

Pension benefit codes2E2F2G2J2K2P2R2T3H

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.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

4 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceFailed to provide benefit
Form 5500 reported that benefits due were not provided when due.
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

$3.5M

$158 / participant

Investment mgmt$2M59.5%
Other / not subdivided$1M40.5%

% of EOY assets

0.021%

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: MORRIS DAVIS CHAN & TAN LLP
Auditor EIN: 942214860
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$486,104

$173,253+180.6%

$80,022+507.5%

$73,367+562.6%

Participation rate

96.6%

88.8%+7.7pp

75.8%+20.7pp

69.5%+27.1pp

Annual return

-5.62%

-2.12%-3.5pp

11.22%-16.8pp

173.45%-179.1pp

Employer contribution / active EE

$12,202

$6,338+92.5%

$2,468+394.4%

$2,499+388.3%

Participant deferral / active EE

$15,118

$8,893+70.0%

$3,686+310.2%

$4,033+274.9%

Admin fee / account holder

$100

$90+11.4%

$6,521-98.5%

$68+46.4%

Provider

Service type

Compensation

STRATEGIC ADVISORS, INC.1 year

Service code 27 · EIN 04-2654524

Advisory (Plan)

$1,328,268

FIDELITY INVESTMENTS INSTITUTIONAL1 year

Service code 37 · EIN 04-2647786

Loan Processing

$750,473

CONDUENT HR CONSULTING, LLC2 years

Filed as: CONDUENT HR CONSULTING LLC

Service code 15 · EIN 04-3609848

Recordkeeping

$210,555

CHEVRON CORPORATION4+ years

Service code 15 · EIN 94-0890210

Recordkeeping

$148,208

MORRIS DAVIS CHAN & TAN LLP1 year

Filed as: MORRIS DAVIS CHAN AND TAN

Service code 10 · EIN 94-2214860

Accounting

$128,948

SEYFARTH SHAW LLP2 years

Service code 29 · EIN 36-2152202

Legal

$63,908

CALLAN ASSOCIATES1 year

Filed as: CALLAN LLC

Service code 16 · EIN 94-2192581

Consulting

$45,000

INFORMA2 years

Filed as: INFORMA INVESTMENT SOLUTIONS

Service code 15 · EIN 04-2705709

Recordkeeping

$8,323

CHEVRON EMPLOYEE SAVINGS INVESTMENT PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CHEVRON EMPLOYEE SAVINGS INVESTMENT PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

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