Aramco U.S. Retiree Medical Payment Plan — Form 5500 plan (Aramco Shared Benefits Company)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Aramco U.S. Retiree Medical Payment Plan is a benefit plan reported by Aramco Shared Benefits Company under EIN 84-4364434 and plan number 502. The latest loaded filing year is 2023. The filing reports 3,351 participants and $2,988,000 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$1.2MPlan net assets, end of year$1,221,000
Participants3.4KCovered participants reported3,351
Assets / participant$892Computed: assets ÷ participants$892 (computed)
Provider compensation$900K3 Schedule C provider row(s)$900,000
- Plan sponsor
- Aramco Shared Benefits Company
- EIN
- 84-4364434
- Plan number
- 502
- Plan type
- 2
- Location
- Houston, TX
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 3,351 | H, C | 20241014113020NAL0026045841001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$3M total assets
Net assets$1.2MLiabilities$1.8M
Full reported line items
Net assets
- Total assets (EOY)
- $2,988,000
- Total liabilities (EOY)
- $1,767,000
- Net assets (EOY)
- $1,221,000
- Net assets (BOY)
- $1,783,000
Income & contributions
- Employer contributions
- $18,762,000
- Participant contributions
- $6,712,000
- Total contributions
- $25,474,000
- Total income / additions
- $25,486,000
Expenses & distributions
- Benefits paid
- $25,148,000
- Administrative expenses
- $900,000
- Total expenses
- $26,048,000
- Net increase / (decrease)
- -$562,000
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
74%26%
Employer 74%Participant 26%
Total expenses ÷ net assets2133%Computed ratio
Benefits paid ÷ total income99%Computed ratio
Provider comp. ÷ net assets74%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Aetna | NONE | $637,000 | not reported in the loaded dataset | 2023 |
| Medco / Esi | NONE | $258,000 | not reported in the loaded dataset | 2023 |
| Jp Morgan Chase Bank N.A. | NONE | $5,000 | not reported in the loaded dataset | 2023 |