Aramco Shared Benefits 401(k) match, vesting and fees
What Aramco Shared Benefits' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | The Vanguard Group Inc. | Schedule C ↗ |
| Independent auditor | Pricewaterhousecoopers LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 89 defined-contribution plans in mining, quarrying, and oil and gas extraction with 1,000 to 4,999 participants.
| Aramco Shared Benefits: employer contribution per participant | $9,496 | |
| Peer median | $4,558 |
| Aramco Shared Benefits: average balance | $792,900 | |
| Peer median | $124,843 |
| Aramco Shared Benefits: admin expenses ÷ assets | <0.01% | |
| Peer median | 0.07% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $3B at the end of plan year 2021 to $2.9B at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 3,703 | $2.9B | $34.6M | $9,496 | <0.01% | Not published | Form 5500 ↗ |
| 2023 | 3,750 | $2.7B | $26.1M | $7,311 | <0.01% | Not published | Form 5500 ↗ |
| 2022 | 3,717 | $2.6B | $27.5M | $7,499 | <0.01% | Not published | Form 5500 ↗ |
| 2021 | 3,793 | $3B | $29.3M | $7,832 | <0.01% | Not published | Form 5500 ↗ |
Other Aramco Shared Benefits plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Aramco U.S. Retirement Income Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | JP Morgan Chase Bank N.A. | Schedule C ↗ |
| Independent auditor | Pricewaterhousecoopers LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Aramco Shared Benefits match 401(k) contributions?
The match terms for the Aramco U.S. Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $34.6M in employer contributions, about $9,496 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Aramco Shared Benefits 401(k) match vested?
The vesting schedule for the Aramco U.S. Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Aramco Shared Benefits 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is The Vanguard Group Inc.. The plan administrator is Aramco Shared Benefits Company.
I left Aramco Shared Benefits. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Aramco Shared Benefits Company, (713) 432-4000) or the recordkeeper, The Vanguard Group Inc.. The Aramco Shared Benefits old 401(k) page lists the contacts from every plan filing. Find an old Aramco Shared Benefits 401(k)
Data from the public Form 5500 annual reports Aramco Shared Benefits filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Aramco Shared Benefits. Not financial advice. Report a correction · Methodology