401(k) · DOL Form 5500 · 2022
Valero Energy Corporation 401(k) Plan
Data updated 2026-08-06
- $2.7B
- Total assets
- 7,979
- Participants
- 100th
- Percentile by assets
- $337,546
- Avg per participant
Official DOL plan name: Valero Energy Corporation Thrift Plan · Sponsored by Valero Energy Corporation · Texas · Manufacturing
$2.7B in assets, 7,979 participants
Valero Energy Corporation's Valero Energy Corporation Thrift Plan reported $2.7B in total assets and 7,979 participants in its 2022 DOL Form 5500 filing, ranking in the 100th 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.
- 100th percentile by assets (of 139,258 plans)
- #20,461 in Manufacturing (20,629 peers)
Coverage in Texas
Valero Energy Corporation Thrift Plan covers 7,979 participants in Texas, 11x the typical Texas plan (state average ~704 per filing). Assets: $2.7B.
- $2.7B
- total plan assets (2022 EOY)
- 7,979
- covered participants
- 100th
- percentile by assets (of 139,258 plans)
- $337,546
- avg assets per participant
The plan reported a net loss of $356M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Texas filers
In Texas, the average filing covers about 704 participants across 9,718 plans. Valero Energy Corporation Thrift Plan reports 7,979 participants - 11x that state average ($2.7B EOY assets).
Texas filing particulars
| Total Assets (Beginning of Year) | $3.0B |
|---|---|
| Net Assets (End of Year) | $2.7B |
| Net Income | -$356M |
| Employer EIN | 741828067 |
| Plan Effective Date | 1963-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Valero Energy Corporation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 5 | 16,114 | $5.2B |
| 2023 | 7 | 29,885 | $11.1B |
| 2024 | 5 | 16,043 | $6.5B |
Nearby 401(k) Plans in Texas
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Valero Energy Corporation Thrift Plan vs. nearby 401(k) plans in Texas, assets vs. participants
- AT&T Retirement Savings Plan $37.6B · 144,503
- Exxonmobil Savings Plan $21.3B · 23,619
- Caterpillar 401(k) Savings Plan $13.8B · 38,538
- American Airlines, Inc. 401(k) Plan $12.8B · 85,577
- Dell Inc. 401(k) Plan $12.0B · 47,532
Scale composition for Valero Energy Corporation Thrift Plan
Valero Energy Corporation Thrift Plan reports $2.7B in end-of-year assets across 7,979 participants (0.023% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.009% of 89,805,449 covered participants) - about $337,546 per participant (2.5x the national average assets-per-participant) . Net income for plan year 2022 was -$356M.
This plan identity (EIN 741828067, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.7B to $3.4B (+25.8%) while covered participants moved from 7,979 to 8,053 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 7,979 | $2.7B | This page |
| 2023 | 7,914 | $3.1B | Open filing |
| 2024 · index core | 8,053 | $3.4B | Open filing |
The same sponsor also keeps 3 other index-core plans on PlainRetire:
- Valero Energy Corporation Thrift Plan (401(k), $3.4B, 8,053 participants)
- Valero Energy Corporation Pension Plan (Defined Benefit (Pension), $2.6B, 6,460 participants)
- Premcor Retirement Savings Plan (401(k), $325M, 715 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Valero Energy Corporation Thrift Plan by total assets, not by location.
- Universal Health Services, Inc. Retirement Savings Plan (PA) $2.7B · 60,986
- The Tjx Companies, Inc. General Savings/Profit Sharing Plan (MA) $2.7B · 106,227
- Iowa Health System Section 401(k) Retirement Savings Plan (IA) $2.7B · 28,603
- Battelle Employees' Savings Plan (OH) $2.7B · 7,979
Frequently Asked Questions
How did Valero Energy Corporation Thrift Plan assets move in 2022? ▼
How have Valero Energy Corporation plan assets changed over time? ▼
Where does Valero Energy Corporation Thrift Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Valero Energy Corporation Thrift Plan? ▼
Next read for Valero Energy Corporation Thrift Plan
Filing takeaways
Ways to act on Valero Energy Corporation Thrift Plan's numbers.
- By total assets, Valero Energy Corporation Thrift Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Texas. Compare plans
- Valero Energy Corporation's sponsor-wide assets have grown 23.1% since 2022 across 3 plan years on file. More Manufacturing plans