401(k) · DOL Form 5500 · 2022

Helmerich & Payne, Inc. 401(k) Plan

Data updated 2026-08-06

$622M
Total assets
6,186
Participants
98th
Percentile by assets
$100,589
Avg per participant
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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.

  • 98th percentile by assets (of 139,258 plans)
  • #865 in Mining & Oil Extraction (892 peers)

Coverage in Oklahoma

The Helmerich & Payne, Inc. 401(k)/Thrift Plan covers 6,186 participants in Oklahoma, 7.9x the typical Oklahoma plan (state average ~780 per filing). Assets: $622M.

$622M
total plan assets (2022 EOY)
6,186
covered participants
98th
percentile by assets (of 139,258 plans)
$100,589
avg assets per participant

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.

Participants vs Oklahoma filers

In Oklahoma, the average filing covers about 780 participants across 1,219 plans. The Helmerich & Payne, Inc. 401(k)/Thrift Plan reports 6,186 participants - 7.9x that state average ($622M EOY assets).

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.)

$600M$700M$800M$900M 202220232024 $672M $844M â–˛ +25.6%
Total plan assets by year, all Helmerich & Payne, Inc. plans on file
Year Plans Participants Total Assets
2022 2 6,526 $672M
2023 2 7,551 $800M
2024 1 6,288 $844M

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

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 & Payn…Quiktrip Corporation…The Williams Investm…Bok Financial 401(k)…Devon Energy Corpora…One Gas, Inc. 401(k)…
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 $11.6T held by all Form 5500 filers in the national rollup , and 0.007% of 89,805,449 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:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to The Helmerich & Payne, Inc. 401(k)/Thrift Plan by total assets, not by location.

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 25.6%, from $672M to $844M.
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 139,258 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).

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Filing takeaways

Ways to act on The Helmerich & Payne, Inc. 401(k)/Thrift Plan's numbers.