Saudi Arabian Oil Company Saudi Aramco 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2018. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.

Saudi Arabian Oil Company Saudi Aramco 401(k) Plan Facts (plan year 2018)

Plan name
THE SAVINGS PLAN OF THE SAUDI ARABIAN OIL COMPANY
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SAUDI ARABIAN OIL COMPANY SAUDI ARAMCO
Participants
4,243 (2,540 active employees)
Former employees with a balance
1,062
Plan assets
$2,278,682,844 at Dec 31, 2018
Average account balance
$557,271 across 4,089 accounts
Employer contributions
$39,011,902 in plan year 2018 (17% of all contributions)
Plan year
Jan 1, 2018 – Dec 31, 2018
Plan established
Sep 1, 1954
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2018 (Jan 1, 2018 – Dec 31, 2018), filed Oct 1, 2019. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2018

  • $227.9 million went into the plan in contributions, $39.0 million of it from the employer (17%).
  • $248.0 million was paid out to participants.
  • Administrative expenses were $61,891, about $15 per account.

How the Saudi Arabian Oil Company Saudi Aramco 401(k) changed, 2013–2018

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20133,383$1.81 billion$36.0 million$178.2 million
20143,732$1.93 billion$41.9 million$172.7 million
20154,125$1.95 billion$45.4 million$195.8 million
20164,354$2.12 billion$44.8 million$184.5 million
20174,343$2.37 billion$42.2 million$233.7 million
20184,243$2.28 billion$39.0 million$248.0 million

Saudi Arabian Oil Company Saudi Aramco 401(k) Contact Information

Phone
713-432-5691
Mailing address
1200 SMITH STREET 35TH FLOOR, MS 990, HOUSTON TX 770024300
Plan sponsor
SAUDI ARABIAN OIL COMPANY SAUDI ARAMCO
Employer identification number (EIN)
98-0105730
Plan number
002

Questions about the Saudi Arabian Oil Company Saudi Aramco 401(k)

Is the Saudi Arabian Oil Company Saudi Aramco 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2018, and no later filing was found under this employer's EIN.

Does Saudi Arabian Oil Company Saudi Aramco contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2018 the employer contributed $39.0 million, 17% of all contributions.

Does the Saudi Arabian Oil Company Saudi Aramco 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Saudi Arabian Oil Company Saudi Aramco 401(k) plan?

4,243 participants at the start of plan year 2018, 2,540 of them active employees, and 1,062 former employees who still had money in the plan.

What is the average 401(k) balance at Saudi Arabian Oil Company Saudi Aramco?

About $557,271 per account: $2.28 billion in plan assets across 4,089 accounts with a balance at the end of plan year 2018.

Who manages the Saudi Arabian Oil Company Saudi Aramco 401(k) accounts?

Vanguard is the plan's recordkeeper, which is where participants log in to see their balance.

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