Employers › Shell USA
Recordkeeping fees per participant · Shell Provident Fund · plan year 2024
$39.33
Higher than 63% of the 790 plans over $1B that report it.
= $952,217 / 24,212
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250722114422NAL0001302227001, received 2025-07-22
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250722114422NAL0001302227001, received 2025-07-22
Percentiles compare this plan with the Schedule H plans over $1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-07-22.
Administrative expenses excluding investment management, per participant
$67.78
Higher than 78% of the 1,045 plans over $1B that report it.
= $1,641,137 / 24,212
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250722114422NAL0001302227001, received 2025-07-22
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250722114422NAL0001302227001, received 2025-07-22
Administrative expenses per participant
$304.30
Higher than 96% of the 1,076 plans over $1B that report it.
= $7,367,776 / 24,212
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250722114422NAL0001302227001, received 2025-07-22
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250722114422NAL0001302227001, received 2025-07-22
Administrative expenses as a share of assets
0.064%
Higher than 68% of the 1,076 plans over $1B that report it.
= $7,367,776 / $11,524,072,633
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250722114422NAL0001302227001, received 2025-07-22
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250722114422NAL0001302227001, received 2025-07-22
Employer contributions per participant
$8,676
Higher than 89% of the 1,135 plans over $1B that report it.
= $210,061,968 / 24,212
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250722114422NAL0001302227001, received 2025-07-22
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250722114422NAL0001302227001, received 2025-07-22
Employer share of total contributions
44.3%
Higher than 84% of the 1,135 plans over $1B that report it.
= $210,061,968 / $474,454,423
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250722114422NAL0001302227001, received 2025-07-22
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250722114422NAL0001302227001, received 2025-07-22
Plan terms are described in Shell USA, Inc.'s SEC filings: Form 10-K filed 1999-03-12. No term could be quoted from them with the required precision.
2A age/service-weighted · 2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2R participant brokerage window · 2S pre-approved plan document · 2T default investment (QDIA) · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250722114422NAL0001302227001, received 2025-07-22
| Field | Value | Source |
|---|---|---|
| Plan sponsor | SHELL USA, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250722114422NAL0001302227001, received 2025-07-22 |
| Plan name | SHELL PROVIDENT FUND | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250722114422NAL0001302227001, received 2025-07-22 |
| Sponsor EIN / plan number | 13-1299890 / 002 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250722114422NAL0001302227001, received 2025-07-22 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250722114422NAL0001302227001, received 2025-07-22 |
| Sponsor location | HOUSTON, TX | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250722114422NAL0001302227001, received 2025-07-22 |
| Industry (business code) | 324110, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250722114422NAL0001302227001, received 2025-07-22 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250722114422NAL0001302227001, received 2025-07-22 |
| Filing received | 2025-07-22 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250722114422NAL0001302227001, received 2025-07-22 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250722114422NAL0001302227001, received 2025-07-22 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250722114422NAL0001302227001, received 2025-07-22 |
| Participants, beginning of year | 25,236 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250722114422NAL0001302227001, received 2025-07-22 |
| Active participants | 12,093 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250722114422NAL0001302227001, received 2025-07-22 |
| Participants, end of year | 24,265 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250722114422NAL0001302227001, received 2025-07-22 |
| Participants with an account balance | 24,212 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250722114422NAL0001302227001, received 2025-07-22 |
| Total assets, beginning of year | $10,728,041,355 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250722114422NAL0001302227001, received 2025-07-22 |
| Total assets, end of year | $11,524,072,633 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250722114422NAL0001302227001, received 2025-07-22 |
| Net assets, end of year | $11,506,841,572 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250722114422NAL0001302227001, received 2025-07-22 |
| Total income | $1,860,691,772 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250722114422NAL0001302227001, received 2025-07-22 |
| Net income | $793,720,100 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250722114422NAL0001302227001, received 2025-07-22 |
| Employer contributions | $210,061,968 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250722114422NAL0001302227001, received 2025-07-22 |
| Participant contributions | $230,236,952 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250722114422NAL0001302227001, received 2025-07-22 |
| Other contributions (incl. rollovers) | $34,155,503 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250722114422NAL0001302227001, received 2025-07-22 |
| Total contributions | $474,454,423 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250722114422NAL0001302227001, received 2025-07-22 |
| Benefit payments | $1,058,977,629 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250722114422NAL0001302227001, received 2025-07-22 |
| Total expenses (incl. benefit payments) | $1,066,971,672 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250722114422NAL0001302227001, received 2025-07-22 |
| Total administrative expenses | $7,367,776 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250722114422NAL0001302227001, received 2025-07-22 |
| Contract administrator fees | $0 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250722114422NAL0001302227001, received 2025-07-22 |
| Recordkeeping fees | $952,217 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250722114422NAL0001302227001, received 2025-07-22 |
| IQPA audit fees | $163,000 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250722114422NAL0001302227001, received 2025-07-22 |
| Investment advisory and management fees | $5,726,639 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250722114422NAL0001302227001, received 2025-07-22 |
| Administrative expenses excluding investment management | $1,641,137 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250722114422NAL0001302227001, received 2025-07-22 |
| Held in common/collective trusts | $7,883,697,168 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250722114422NAL0001302227001, received 2025-07-22 |
| Held in mutual funds | $5,776,318 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250722114422NAL0001302227001, received 2025-07-22 |
| Independent auditor | ERNST & YOUNG LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250722114422NAL0001302227001, received 2025-07-22 |
Position = column in the DOL layout for form year 2024. Filing 20250722114422NAL0001302227001, received 2025-07-22.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| EDELMAN FINANCIAL ENGINES,INC | NONE | 27 Investment advisory (plan); 50 Direct payment from the plan | $3,631,166 | no |
| BLACKROCK INSTITUTIONAL TRUST CO. | NONE | 21 Trustee (bank, trust company or similar); 24 Trustee (discretionary); 28 Investment management; 50 Direct payment from the plan; 51 Investment management fees paid directly by plan | $1,851,273 | yes |
| FID INV INST OPS COrecordkeeper | NONE | 15 Recordkeeping and information management; 37 Participant loan processing; 38 Participant communication; 50 Direct payment from the plan; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees | $1,052,388 | yes |
| FID MGMT TRUST CO | NONE | 28 Investment management; 51 Investment management fees paid directly by plan | $244,200 | no |
| ERNST & YOUNG | NONE | 10 Accounting (including auditing); 50 Direct payment from the plan | $163,000 | no |
| RUSSELL IMPLEMENTATION SERVICES | NONE | 28 Investment management; 51 Investment management fees paid directly by plan; 71 Securities brokerage commissions and fees; 16 Consulting (general) | $118,945 | no |
| PENSION AND SAVINGS ANALYST | EMPLOYEE | 35 Employee (plan sponsor); 50 Direct payment from the plan | $107,761 | no |
| MANAGER PENSION ADMINISTRATION | EMPLOYEE | 35 Employee (plan sponsor); 50 Direct payment from the plan | $92,056 | no |
| PENSION PROJECT MANAGER | EMPLOYEE | 35 Employee (plan sponsor); 50 Direct payment from the plan | $90,726 | no |
| CEM BENCHMARKING INC | NONE | 49 Other services; 50 Direct payment from the plan | $40,500 | no |
| AON BENEFITS AND INSURANCE SERVICES | NONE | 16 Consulting (general); 50 Direct payment from the plan | $30,150 | no |
| MANAGER ADMINISTRATION AND CONTROLS | EMPLOYEE | 35 Employee (plan sponsor); 50 Direct payment from the plan | $28,741 | no |
| EVERSHEDS SUTHERLAND | NONE | 29 Legal; 50 Direct payment from the plan | $12,755 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250722114422NAL0001302227001, received 2025-07-22.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $10,728,041,355 | $11,524,072,633 | 7.4% |
| Participants with a balance | 25,236 | 24,212 | -4.1% |
| Administrative expenses | $6,789,706 | $7,367,776 | 8.5% |
| Recordkeeping fees per participant | $38.40 | $39.33 | 2.4% |
| Employer contributions | $196,541,735 | $210,061,968 | 6.9% |
Prior filing 20240627124604NAL0021425634001, received 2024-06-27; the plan years are contiguous.
Sponsor name as filed: SHELL USA, INC.; SEC registrant: SHELL OIL CO (CIK 89629, matched by EIN).