401(k) · DOL Form 5500 · 2022

Helmerich & Payne, Inc. 401(k) Plan

Data updated 2026-08-25

$622M
Total assets Above avg plan size
6,186
Participants Above avg headcount
98th
Percentile by assets National rank
$100,589
Avg per participant Below avg balance/head
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Official DOL plan name: The Helmerich & Payne, Inc. 401(k)/Thrift Plan · Sponsored by Helmerich & Payne, Inc. · Oklahoma · Mining & Oil Extraction

$622M in assets, 6,186 participants

Helmerich & Payne, Inc.'s The Helmerich & Payne, Inc. 401(k)/Thrift Plan reported $622M in total assets and 6,186 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.

  • #865 in Mining & Oil Extraction (892 peers)

Coverage in Oklahoma

The Helmerich & Payne, Inc. 401(k)/Thrift Plan covers 6,186 participants in Oklahoma, 8.1x the typical Oklahoma plan (state average ~760 per filing). Assets: $622M.

#865
in Mining & Oil Extraction (892 peers)
-13.0%
assets change YoY
6.2×
vs typical plan assets (national mean)

The plan reported a net loss of $93M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The Helmerich & Payne, Inc. 401(k)/Thrift Plan's outsized position by total assets

The Helmerich & Payne, Inc. 401(k)/Thrift Plan vs every filed plan by assets

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

$622,244,071 Top 2% higher than 98% 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

The Helmerich & Payne, Inc. 401(k)/Thrift Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Helmerich & Payne, Inc. 401(k)/Thrift Plan lands in the large band (6,186 participants).

Published 5500 schedule card

Filing strip 730679879 · Helmerich & Payne, Inc. PY 2022 · 401(k)

The Helmerich & Payne, Inc. 401(k)/Thrift Plan · $622M · 6,186 · 98th

  • PART $622M
  • PART 6,186
  • PART 98th
  • PART 401(k)
  • PART near Faegre Drinker Retirement Savings Plan 1
  • PART ind #865

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 Mining & Oil Extraction retirement plans → · Plans in Oklahoma →

The Helmerich & Payne, Inc. 401(k)/Thrift Plan in the asset neighbourhood

Oceaneering Retirement Investment PlanOceaneering Retirement Inves…$624MFaegre Drinker Retirement Savings Plan 1Faegre Drinker Retirement Sa…$623MThe Helmerich & Payne, Inc. 401(k)/Thrift PlanThe Helmerich & Payne, Inc. …$622MNew York Hotel Trades Council & Hotel Association of New York City, Inc. 401(k) Savings PlanNew York Hotel Trades Counci…$621MHawaiian Electric Industries Retirement Savings PlanHawaiian Electric Industries…$621M
End-of-year total assets ($M) among The Helmerich & Payne, Inc. 401(k)/Thrift Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Oklahoma filing particulars

Total Assets (Beginning of Year)$715M
Net Assets (End of Year)$622M
Net Income-$93M
Employer EIN730679879
Plan Effective Date1974-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Helmerich & Payne, Inc.)

Sponsor-wide plan assets over time

All Helmerich & Payne, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$893M 32.84104569468436% vs 2022
2024 filing year
$600M$700M$800M$900M$1,000M 202220232024 $672M $893M ▲ +32.8%
Year Plans Participants Total Assets
2022 2 6,526 $672M
2023 2 7,551 $800M
2024 2 6,582 $893M

Nearby 401(k) Plans in Oklahoma

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

The Helmerich & Payne, Inc. 401(k)/Thrift Plan vs. nearby 401(k) plans in Oklahoma, assets vs. participants Scatter plot of 6 data points. 050001000015000 01234 Total assets ($B) Participants The Helmerich & Payne, Inc. 401(k)/Thrift Plan, Total assets ($B): 0.622244071 · Participants: 6186The Helmerich & Payne, Inc. 401(k)/Thrift PlanQuiktrip Corporation Retirement Plan, Total assets ($B): 3.683382046 · Participants: 10862Quiktrip Corporation Retirement PlanThe Williams Investment Plus Plan, Total assets ($B): 1.385802682 · Participants: 4848The Williams Investment Plus PlanBok Financial 401(k) Plan, Total assets ($B): 0.917245856 · Participants: 4683Bok Financial 401(k) PlanDevon Energy Corporation Incentive Savings Plan, Total assets ($B): 0.791750265 · Participants: 1642Devon Energy Corporation Incentive Savings PlanOne Gas, Inc. 401(k) Plan, Total assets ($B): 0.774155 · Participants: 3586One Gas, Inc. 401(k) Plan
The Helmerich & Payne, Inc. 401(k)/Thrift Plan vs. nearby 401(k) plans in Oklahoma, assets vs. participants

Scale composition for The Helmerich & Payne, Inc. 401(k)/Thrift Plan

The Helmerich & Payne, Inc. 401(k)/Thrift Plan reports $622M in end-of-year assets across 6,186 participants (0.005% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $100,589 per participant (73% of the national average assets-per-participant) . Net income for plan year 2022 was -$93M.

This plan identity (EIN 730679879, plan #004) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $622M to $844M (+35.7%) while covered participants moved from 6,186 to 6,288 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 6,186 $622M This page
2023 7,230 $746M Open filing
2024 · index core 6,288 $844M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

The Helmerich & Payne, Inc. 401(k)/Thrift Plan's out-of-state 401(k) peers by assets and headcount

Outside Oklahoma, the nearest 401(k) by assets is Faegre Drinker Retirement Savings Plan 1 in MN ($623M); by covered participants it is The Milliken Retirement Plan in SC (6,185 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (6,186 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 The Helmerich & Payne, Inc. 401(k)/Thrift Plan assets move in 2022? ▼
The Helmerich & Payne, Inc. 401(k)/Thrift Plan pulled back noticeably - down 13.0% during 2022, from $715M to $622M. Reported net income was -$93M.
How have Helmerich & Payne, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Helmerich & Payne, Inc.'s sponsor-wide assets grew 32.8%, from $672M to $893M.
Where does The Helmerich & Payne, Inc. 401(k)/Thrift Plan rank by assets among Form 5500 filers? ▼
The Helmerich & Payne, Inc. 401(k)/Thrift Plan ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to The Helmerich & Payne, Inc. 401(k)/Thrift Plan? ▼
Among 401(k) plans in other states, the closest by assets is Faegre Drinker Retirement Savings Plan 1 in MN ($623M, 1,441 participants).
Which 401(k) plans cover a similar participant headcount to The Helmerich & Payne, Inc. 401(k)/Thrift Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is The Milliken Retirement Plan in SC (6,185 participants, $1.2B in assets).