Retirement Plan for Employees of Devon Energy Corporation
ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.
Sponsored by Devon Energy Corporation · Oklahoma · Mining & Oil Extraction
What the 2023 filing shows
Retirement Plan for Employees of Devon Energy Corporation holds $482M for 181 participants — about $2.7M per participant, down 28.0% over the 2022 plan year.
- $482M
- total plan assets (2022 EOY)
- 181
- covered participants
- $2.7M
- avg assets per participant
- -28.0%
- assets change YoY
The plan reported a net loss of $188M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.
What the Filing Says About Retirement Plan for Employees of Devon Energy Corporation
Retirement Plan for Employees of Devon Energy Corporation is a Defined Benefit (Pension) retirement plan sponsored by Devon Energy Corporation, headquartered in Oklahoma. As of the 2022 Form 5500 filing, the plan reports $482M in total end-of-year assets and covers 181 participants across the Mining & Oil Extraction industry. The sponsor's EIN on file with the U.S. Department of Labor is 731567067, and the plan has been effective since 1973-07-01. Its filing status is currently FILING RECEIVED.
Year over year, total assets moved from $670M at the beginning of 2022 to $482M at year-end — a decline of 28.0%. Net assets (after liabilities) closed the year at $482M, with reported net income of $-187,943,335 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.
Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.
Financial Summary (2023)
| Total Assets (Beginning of Year) | $670M |
| Total Assets (End of Year) | $482M |
| Net Assets (End of Year) | $482M |
| Net Income | $-187,943,335 |
| Plan Type | Defined Benefit (Pension) |
| Employer EIN | 731567067 |
| Plan Effective Date | 1973-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Devon Energy Corporation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 1,823 | $1.3B |
| 2023 | 2 | 2,029 | $1.4B |
| 2024 | 2 | 2,113 | $1.5B |
Nearby Defined Benefit (Pension) Plans in Oklahoma
Peer Defined Benefit (Pension) plans — same state, same plan type — ranked by total assets.
- Williams Pension Plan $1.3B · 3,588
- One Gas, Inc. Retirement Plan $796M · 740
- Retirement Plan for Employees of Devon Energy Corporation $480M · 171
- Integris Health, Inc. Retirement Plan a $423M · 1,145
- Retirement Plan of American Fidelity Group $349M · 1,638
Related Data
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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 731567067.
Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.
Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.
Read our methodology — how this data is sourced, computed, and verified.