Defined Benefit (Pension) · DOL Form 5500 · 2022

Shell USA, Inc. Pension Plan

Data updated 2026-08-11

$14.6B
Total assets
12,912
Participants
100th
Percentile by assets
$1.1M
Avg per participant
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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.

  • 100th percentile by assets (of 139,126 plans)
  • #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.

$14.6B
total plan assets (2022 EOY)
12,912
covered participants
100th
percentile by assets (of 139,126 plans)
$1.1M
avg assets per participant

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.

State
Industry

Participants vs Texas filers

In Texas, the average filing covers about 688 participants across 10,116 plans. Shell Pension Plan reports 12,912 participants - 19x that state average ($14.6B EOY assets).

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.)

$20B$22B$24B$26B$28B 202220232024 $24.2B $21.2B ▼ -12.1%
Total plan assets by year, all Shell USA, Inc. plans on file
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

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 PlanAT&T Pension Benefit…Exxonmobil Pension P…Caterpillar Inc. Ret…Bp Retirement Accumu…Usaa Pension Plan
Shell Pension Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants

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:

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Shell Pension Plan by total assets, not by location.

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).

Filing takeaways

Ways to act on Shell Pension Plan's numbers.