401(k) · DOL Form 5500 · 2022

Hess Corporation 401(k) Plan

Data updated 2026-08-11

$904M
Total assets
1,409
Participants
99th
Percentile by assets
$641,339
Avg per participant
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Official DOL plan name: Hess Corporation Employees' Savings Plan · Sponsored by Hess Corporation · Texas · Manufacturing

$904M in assets, 1,409 participants

Hess Corporation's Hess Corporation Employees' Savings Plan reported $904M in total assets and 1,409 participants in its 2022 DOL Form 5500 filing, ranking in the 99th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 99th percentile by assets (of 139,126 plans)
  • #20,158 in Manufacturing (20,602 peers)

Coverage in Texas

Hess Corporation Employees' Savings Plan covers 1,409 participants in Texas, 2.0x the typical Texas plan (state average ~688 per filing). Assets: $904M.

$904M
total plan assets (2022 EOY)
1,409
covered participants
99th
percentile by assets (of 139,126 plans)
$641,339
avg assets per participant

The plan reported a net loss of $58M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs Texas filers

In Texas, the average filing covers about 688 participants across 10,116 plans. Hess Corporation Employees' Savings Plan reports 1,409 participants - 2.0x that state average ($904M EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)$960M
Net Assets (End of Year)$903M
Net Income-$58M
Employer EIN134921002
Plan Effective Date1972-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hess Corporation)

$2.8B$2.85B$2.9B$2.95B$3B$3.05B 202220232024 $2.86B $3B ▲ +4.9%
Total plan assets by year, all Hess Corporation plans on file
Year Plans Participants Total Assets
2022 3 2,731 $2.9B
2023 2 2,811 $2.9B
2024 2 3,021 $3.0B

Nearby 401(k) Plans in Texas

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Hess Corporation Employees' Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Hess Corporation Employees' Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -10010203040 Total assets ($B) Participants Hess Corporation Emp…AT&T Retirement Savi…Exxonmobil Savings P…Caterpillar 401(k) S…American Airlines, I…Dell Inc. 401(k) Plan
Hess Corporation Employees' Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Hess Corporation Employees' Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Hess Corporation Employees' Savings Plan assets move in 2022?
Hess Corporation Employees' Savings Plan pulled back noticeably - down 5.9% during 2022, from $960M to $904M. Reported net income was -$58M.
How have Hess Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Hess Corporation's sponsor-wide assets grew 4.8%, from $2.9B to $3.0B.
Where does Hess Corporation Employees' Savings Plan rank by assets among Form 5500 filers?
Hess Corporation Employees' Savings Plan ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Hess Corporation Employees' Savings Plan?
Among 401(k) plans in other states, the closest by assets is Pillsbury Winthrop Shaw Pittman LLP Retirement Savings Plan No. 1 in CA ($904M, 1,143 participants).

Next read for Hess Corporation Employees' Savings Plan

Filing takeaways

Ways to act on Hess Corporation Employees' Savings Plan's numbers.