401(k) · DOL Form 5500 · 2022
Phillips 66 Company 401(k) Plan
Data updated 2026-08-25
- $6.1B
- Total assets Very large vs avg
- 12,106
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $500,940
- Avg per participant High balance/head
Official DOL plan name: Phillips 66 Savings Plan · Sponsored by Phillips 66 Company · Texas · Manufacturing
$6.1B in assets, 12,106 participants
Phillips 66 Company's Phillips 66 Savings Plan reported $6.1B in total assets and 12,106 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.
- #20,520 in Manufacturing (20,602 peers)
Coverage in Texas
Phillips 66 Savings Plan covers 12,106 participants in Texas, 18x the typical Texas plan (state average ~688 per filing). Assets: $6.1B.
- #20,520
- in Manufacturing (20,602 peers)
- -4.7%
- assets change YoY
- 61×
- vs typical plan assets (national mean)
The plan reported a net loss of $303M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Phillips 66 Savings Plan's outsized position by total assets
Phillips 66 Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$6,064,382,070 Highest reported value at or above every one of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Phillips 66 Savings 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. Phillips 66 Savings Plan is a mega filing (12,106 participants), the rightmost band on the breakdown.
Form 5500 schedule snapshot
Filing strip 371652702 · Phillips 66 Company PY 2022 · 401(k)
Phillips 66 Savings Plan · $6.1B · 12,106 · 100th
- PART $6.1B
- PART 12,106
- PART 100th
- PART 401(k)
- PART near Commonspirit Health 401(k) Retirement Savings Plan
- PART ind #20520
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 →
Phillips 66 Savings Plan in the asset neighbourhood
Texas filing particulars
| Total Assets (Beginning of Year) | $6.4B |
|---|---|
| Net Assets (End of Year) | $6.1B |
| Net Income | -$303M |
| Employer EIN | 371652702 |
| Plan Effective Date | 2012-05-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Phillips 66 Company)
Sponsor-wide plan assets over time
All Phillips 66 Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $9.9B 11.677702048578771% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 4 | 27,230 | $8.8B |
| 2023 | 2 | 21,316 | $9.7B |
| 2024 | 2 | 24,185 | $9.9B |
Nearby 401(k) Plans in Texas
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- AT&T Retirement Savings Plan $37.6B · 144,503
- Exxonmobil Savings Plan $21.3B · 23,619
- Caterpillar 401(k) Savings Plan $13.8B · 38,538
- American Airlines, Inc. 401(k) Plan $12.8B · 85,577
- Dell Inc. 401(k) Plan $12.0B · 47,532
Scale composition for Phillips 66 Savings Plan
Phillips 66 Savings Plan reports $6.1B in end-of-year assets across 12,106 participants (0.049% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.013% of 93,925,755 covered participants) - about $500,940 per participant (3.6x the national average assets-per-participant) . Net income for plan year 2022 was -$303M.
This plan identity (EIN 371652702, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $6.1B to $7.7B (+26.6%) while covered participants moved from 12,106 to 12,476 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 12,106 | $6.1B | This page |
| 2023 | 10,970 | $7.6B | Open filing |
| 2024 · index core | 12,476 | $7.7B | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Phillips 66 Savings Plan (401(k), $7.7B, 12,476 participants)
- Phillips 66 Retirement Plan (Defined Benefit (Pension), $2.2B, 11,709 participants)
Phillips 66 Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Texas, the nearest 401(k) by assets is Commonspirit Health 401(k) Retirement Savings Plan in KY ($6.1B); by covered participants it is Denso Retirement Savings Plan in MI (12,096 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($6.1B here).
- Commonspirit Health 401(k) Retirement Savings Plan (KY) $6.1B · 85,671
- Publix Super Markets, Inc. 401(k) Smart Plan (FL) $6.1B · 176,752
- Eaton Savings Plan (OH) $6.1B · 21,882
- Astrazeneca Savings and Security Plan (DE) $6.1B · 13,301
Similar participant headcount
Nearest other-state filings by covered participants (12,106 participants); asset peers above are excluded.
- Denso Retirement Savings Plan (MI) 12,096 · 10 off
- Cleveland-Cliffs Steel LLC Hourly 401(k) Plan (IL) 12,117 · 11 off
- Toyota Industries North America Group Associates' 401(k) Retirement Plan (IN) 12,118 · 12 off
- Alterra Mountain Company U.S. Inc. 401(k) Retirement Plan (CO) 12,118 · 12 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.