Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

PREMCOR RETIREMENT SAVINGS PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

VALERO ENERGY CORPORATION

This Profit Sharing plan holds $261M in total assets and serves 676 participants as of 2022. It is sponsored by VALERO ENERGY CORPORATION in Texas. The plan reported a net loss of $43M for the year.

Total Assets (2023)
$261M
Participants
676
State
Industry
Manufacturing

What the Filing Says About PREMCOR RETIREMENT SAVINGS PLAN

PREMCOR RETIREMENT SAVINGS PLAN is a Profit Sharing retirement plan sponsored by VALERO ENERGY CORPORATION, headquartered in Texas. As of the 2022 Form 5500 filing, the plan reports $261M in total end-of-year assets and covers 676 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 741828067, and the plan has been effective since 1989-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $304M at the beginning of 2022 to $261M at year-end — a decline of 14.2%. Net assets (after liabilities) closed the year at $261M, with reported net income of $-43,143,578 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$304M
Total Assets (End of Year)$261M
Net Assets (End of Year)$261M
Net Income$-43,143,578
Plan TypeProfit Sharing
Employer EIN741828067
Plan Effective Date1989-01-01
Filing StatusFILING 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 Profit Sharing Plans in Texas

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Frequently Asked Questions

How much money is in the PREMCOR RETIREMENT SAVINGS PLAN?
As of the 2022 Form 5500 filing, PREMCOR RETIREMENT SAVINGS PLAN holds $261M in total assets with 676 participants. It is sponsored by VALERO ENERGY CORPORATION.
What type of plan is PREMCOR RETIREMENT SAVINGS PLAN?
PREMCOR RETIREMENT SAVINGS PLAN is a Profit Sharing plan. It has been effective since 1989-01-01. The plan is filed with the U.S. Department of Labor under EIN 741828067.
Who sponsors the PREMCOR RETIREMENT SAVINGS PLAN?
PREMCOR RETIREMENT SAVINGS PLAN is sponsored by VALERO ENERGY CORPORATION, located in Texas. The sponsor's EIN is 741828067 and the plan operates in the Manufacturing industry.
How did PREMCOR RETIREMENT SAVINGS PLAN perform in 2022?
PREMCOR RETIREMENT SAVINGS PLAN declined by 14.2% during 2022, moving from $304M to $261M in total assets. Net income was $-43,143,578.
Where can I find official filings for PREMCOR RETIREMENT SAVINGS PLAN?
Official Form 5500 filings for PREMCOR RETIREMENT SAVINGS PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 741828067 or plan name at efast.dol.gov.
How does PREMCOR RETIREMENT SAVINGS PLAN compare to other plans?
You can compare PREMCOR RETIREMENT SAVINGS PLAN against other Profit Sharing plans on the plan type page, or view plans in Texas on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 741828067.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.