ExxonMobil Savings Plan SPD
About the Savings Plan
This SPD is the summary plan description and prospectus for the ExxonMobil Savings Plan. It does not contain all the details. Use of the phrase "Savings Plan" throughout this document refers collectively to the Savings Plan and its implementing Savings Trust, except as otherwise noted. This SPD supersedes all previous Savings Plan participant publications. In determining specific benefits, the full Savings Plan provisions, as they exist now or in the future, always govern. Copies of Savings Plan documents are available for your review. The company reserves the right at any time to change in any way or terminate any benefit.
THIS SPD CONSTITUTES PART OF A PROSPECTUS COVERING SECURITIES THAT HAVE BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, INCLUDING SHARES OF EXXON MOBIL CORPORATION COMMON STOCK ("EXXONMOBIL STOCK").
Applicability to represented employees is governed by collective bargaining agreements and any local bargaining requirements.
When you need account information or want to make an account transaction, you have two options that are generally available 24 hours a day, 7 days a week.
- The Savings Plan Internet Site ("Web site") is located at
- The toll free telephone number for the Savings Telephone Service (STS)
is 877-XOM-401K (966-4015). Non-U.S. residents call 904-791-2048.
In addition, Customer Service Associates are available for inquiries
and transactions via the STS Monday through Friday, 7:00 a.m. to 6:00 p.m.
Central time, excluding New York Stock Exchange holidays.
ExxonMobil Sponsored Sites —
Access to plan-related information for employees,
retirees, and their family
members is also available on the following web sites:
- ExxonMobil Me, the Human Resources Intranet site
Can be accessed by current employees.
- Retiree Online Community Internet Site Can be
accessed from home by ExxonMobil retirees and survivors only (including
Exxon and Mobil retirees and survivors) at www.emretiree.com.
- ExxonMobil Family Can be
accessed at www.exxonmobilfamily.com.
The company* sponsors the ExxonMobil
Savings Plan to encourage long-term savings and help participants ensure
their financial security in retirement.
The ExxonMobil Savings Plan contains many features described
in detail in this SPD. Keep this SPD for future reference to help you find
specific information quickly and easily and make the most of the features
available to you. The SPD includes these helpful tools:
- Plan at a Glance is a quick user's guide highlighting plan basics.
- Charts and tables throughout the SPD provide information and highlights
of plan provisions, including an Account Features chart on pages
- Key Terms contains definitions of many words and terms used
in this SPD. If you see a term that is unfamiliar, refer to this section at
the end of the SPD.
*References in this SPD to "the company" refer to Exxon Mobil Corporation and/or a
participating affiliate, as the case may be.
Plan at a Glance
Participating in the Savings Plan
Because there is no service requirement for regular
employees, you are eligible to participate as soon as you
join the company. See page 4.
Your Contributions and the Company Match
You can save from 6% to 20% of your pay
on a before-tax basis, an after-tax basis
or a combination of both. You receive a company match of 7% of pay on the first 6% of pay
you contribute via payroll deduction.
You have a choice of seven investments with varying investment objectives and
degrees of risk in which to invest your Savings Plan Account.
See page 15.
It is important that you read this section before making your investment decisions.
See page 21.
Accessing Your Money
You may receive a dividend payment
in cash for dividends on ExxonMobil stock. You may borrow from the Savings
Plan while you are still employed. In certain circumstances, you may withdraw
money from your account. You (or your beneficiary) are eligible to receive
a distribution from the Savings Plan upon your retirement, death or termination
of employment. See page 29.
The tax rules are complex – it is important to seek advice from a tax professional before making a conversion, withdrawal, deferral or
See page 41.
Administrative and ERISA Information
The Savings Plan is subject to rules of the federal government, including the Employee
Retirement Income Security Act (ERISA). See page
The Key Terms section contains an alphabetized list of key words and phrases, with their definitions,
used in this SPD. See page 55.
Savings Plan Web site at https://xomsavings.ingplans.com
and the Savings Telephone
Service (STS) at 877-966-4015 are available for account information and