Aramco Shared Benefits Company 401(k) Review & Grade
Aramco U.S. Savings Plan
Houston, TXMining, Oil & Gas1,815 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$19,064Employer $ per active participant
$25,653Employee $ saved per active participant
0.00%Direct admin cost, % of plan assets
$2.9BNet plan assets, end of year
$792,900Average balance per account
Score breakdown
- Employer generosity48.0 / 5096th percentile for employer $ per participant
- Low cost24.8 / 2599th percentile for low admin cost vs. same-size plans
- Employee saving15.0 / 15100th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score98 / 100 · Grade A
This plan vs. peers
Peers: Mining, Oil & Gas plans with 500–2,499 active participants (129 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 96th |
| Lower admin cost | 99th |
| Employee saving | 100th |
| Peers that auto-enroll | 60% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Aramco Shared Benefits put in about $19,064 per active participant, more than the typical peer ($4,357). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $34,602,000 |
| Participant (employee) contributions | $46,561,000 |
| Other contributions (incl. rollovers in) | $83,815,000 |
| Administrative expenses paid from the plan | $76,000 |
| Benefits paid out | $330,175,000 |
| Net assets, start / end of year | $2.7B / $2.9B |
| Active participants, start / end of year | 1,865 / 1,765 |
| Participants with account balances | 3,644 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Pricewaterhousecoopers LLP |
Largest service providers (Schedule C)
| The Vanguard Group Inc. | $76,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014100503NAL0003573408001, received 2025-10-14, EIN 84-4364434, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.