Defined Benefit (Pension) · DOL Form 5500 · 2022

Shell USA, Inc. Pension Plan

Data updated 2026-08-25

$14.6B
Total assets Mega-plan scale
12,912
Participants Very large workforce
100th
Percentile by assets National rank
$1.1M
Avg per participant High balance/head
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Official DOL plan name: Shell Pension Plan · Sponsored by Shell USA, Inc. · Texas · Manufacturing

$14.6B in assets, 12,912 participants

Shell USA, Inc.'s Shell Pension Plan reported $14.6B in total assets and 12,912 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.

  • #20,579 in Manufacturing (20,602 peers)

Coverage in Texas

Shell Pension Plan covers 12,912 participants in Texas, 19x the typical Texas plan (state average ~688 per filing). Assets: $14.6B.

#20,579
in Manufacturing (20,602 peers)
-22.1%
assets change YoY
147×
vs typical plan assets (national mean)

The plan reported a net loss of $4.1B for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Shell Pension Plan's outsized position by total assets

Shell Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$14,642,588,618 Highest reported value at or above every one of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Shell Pension Plan's mega-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Shell Pension Plan is a mega filing (12,912 participants), the rightmost band on the breakdown.

DOL schedule card

Filing strip 131299890 · Shell USA, Inc. PY 2022 · Defined Benefit (Pension)

Shell Pension Plan · $14.6B · 12,912 · 100th

  • PCT $14.6B
  • PCT 12,912
  • PCT 100th
  • PCT Defined Benefit (Pension)
  • PCT near Nokia Retirement Income Plan
  • PCT ind #20579

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Texas →

Shell Pension Plan in the asset neighbourhood

JPMorgan Chase Retirement PlanJPMorgan Chase Retirement Pl…$14.8BThe Southern Company Pension PlanThe Southern Company Pension…$14.8BShell Pension Plan$14.6BNokia Retirement Income Plan$14.5B3M Employee Retirement Income Plan3M Employee Retirement Incom…$14.0B
End-of-year total assets ($B) among Shell Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Texas filing particulars

Total Assets (Beginning of Year)$18.8B
Net Assets (End of Year)$14.5B
Net Income-$4.1B
Employer EIN131299890
Plan Effective Date1938-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Shell USA, Inc.)

Sponsor-wide plan assets over time

All Shell USA, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$21.2B 12.151528016037503% vs 2022
2024 filing year
$20B$22B$24B$26B$28B 202220232024 $24.2B $21.2B ▼ -12.1%
Year Plans Participants Total Assets
2022 2 25,860 $24.2B
2023 2 24,445 $25.9B
2024 2 25,406 $21.2B

Nearby Defined Benefit (Pension) Plans in Texas

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Shell Pension Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants Scatter plot of 6 data points. 050000100000150000 01020304050 Total assets ($B) Participants Shell Pension Plan, Total assets ($B): 14.642588618 · Participants: 12912Shell Pension PlanAT&T Pension Benefit Plan, Total assets ($B): 40.998144 · Participants: 119463AT&T Pension Benefit PlanExxonmobil Pension Plan, Total assets ($B): 11.599 · Participants: 23661Exxonmobil Pension PlanCaterpillar Inc. Retirement Income Plan, Total assets ($B): 9.541187279 · Participants: 12815Caterpillar Inc. Retirement Income PlanBp Retirement Accumulation Plan, Total assets ($B): 5.371602289 · Participants: 9156Bp Retirement Accumulation PlanUsaa Pension Plan, Total assets ($B): 4.901200205 · Participants: 31143Usaa Pension Plan
Shell Pension Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants
Compare Shell Pension Plan side-by-side with 3 peers →

Scale composition for Shell Pension Plan

Shell Pension Plan reports $14.6B in end-of-year assets across 12,912 participants (0.12% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.014% of 93,925,755 covered participants) - about $1.1M per participant (8.2x the national average assets-per-participant) . Net income for plan year 2022 was -$4.1B.

This plan identity (EIN 131299890, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $14.6B to $9.7B (-33.8%) while covered participants moved from 12,912 to 12,688 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 12,912 $14.6B This page
2023 12,215 $15.1B Open filing
2024 · index core 12,688 $9.7B Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Shell Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Texas, the nearest Defined Benefit (Pension) by assets is Nokia Retirement Income Plan in NJ ($14.5B); by covered participants it is Verizon Management Pension Plan in NJ (12,977 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($14.6B here).

Similar participant headcount

Nearest other-state filings by covered participants (12,912 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Shell Pension Plan assets move in 2022? ▼
Shell Pension Plan declined sharply - down 22.1% during 2022, from $18.8B to $14.6B. Reported net income was -$4.1B.
How have Shell USA, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Shell USA, Inc.'s sponsor-wide assets declined 12.2%, from $24.2B to $21.2B.
Where does Shell Pension Plan rank by assets among Form 5500 filers? ▼
Shell Pension Plan ranks in the 100th 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 Defined Benefit (Pension) plans are similar in size to Shell Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Nokia Retirement Income Plan in NJ ($14.5B, 7,413 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Shell Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Verizon Management Pension Plan in NJ (12,977 participants, $2.9B in assets).

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 131299890.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.