Defined Benefit (Pension) · DOL Form 5500 · 2022

Chevron Corporation Pension Plan

Data updated 2026-08-25

$8.4B
Total assets Very large vs avg
19,629
Participants Very large workforce
100th
Percentile by assets National rank
$428,518
Avg per participant High balance/head
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Official DOL plan name: Chevron Retirement Plan · Sponsored by Chevron Corporation · California · Manufacturing

$8.4B in assets, 19,629 participants

Chevron Corporation's Chevron Retirement Plan reported $8.4B in total assets and 19,629 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.

  • #20,543 in Manufacturing (20,602 peers)

Coverage in California

Chevron Retirement Plan covers 19,629 participants in California, 31x the typical California plan (state average ~630 per filing). Assets: $8.4B.

#20,543
in Manufacturing (20,602 peers)
-19.2%
assets change YoY
84×
vs typical plan assets (national mean)

The plan reported a net loss of $2.0B for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Chevron Retirement Plan's outsized position by total assets

Chevron Retirement Plan vs every filed plan by assets

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

$8,411,370,729 Highest reported value at or above every one 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

Chevron Retirement 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. Chevron Retirement Plan is a mega filing (19,629 participants), the rightmost band on the breakdown.

DOL schedule card

Filing strip 940890210 · Chevron Corporation PY 2022 · Defined Benefit (Pension)

Chevron Retirement Plan · $8.4B · 19,629 · 100th

  • BOOK $8.4B
  • VS-ST 19,629
  • BOY 100th
  • SCH Defined Benefit (Pension)
  • EBSA near Fca US LLC UAW Pension Agreement
  • PART ind #20543

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 California →

Chevron Retirement Plan in the asset neighbourhood

Retirement Plan of International Paper CompanyRetirement Plan of Internati…$8.8BFca US LLC UAW Pension AgreementFca US LLC UAW Pension Agree…$8.6BChevron Retirement Plan$8.4BNg Space&mission Systems Corp Salaried Pension PlaNg Space&mission Systems Cor…$8.1BUnited Food & Commercial Workers Intl Union - Industry Pension FundUnited Food & Commercial Wor…$8.0B
End-of-year total assets ($B) among Chevron Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

California filing particulars

Total Assets (Beginning of Year)$10.4B
Net Assets (End of Year)$8.4B
Net Income-$2.0B
Employer EIN940890210
Plan Effective Date1933-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Chevron Corporation)

Sponsor-wide plan assets over time

All Chevron Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$30.2B 11.49491452491186% vs 2022
2024 filing year
$26B$27B$28B$29B$30B$31B 202220232024 $27.1B $30.2B ▲ +11.5%
Year Plans Participants Total Assets
2022 5 39,783 $27.1B
2023 5 41,131 $28.5B
2024 6 43,012 $30.2B

Nearby Defined Benefit (Pension) Plans in California

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Chevron Retirement Plan vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants Scatter plot of 6 data points. 050000100000150000 010203040 Total assets ($B) Participants Chevron Retirement Plan, Total assets ($B): 8.411370729 · Participants: 19629Chevron Retirement PlanKaiser Permanente Retirement Plan, Total assets ($B): 31.853758931 · Participants: 126331Kaiser Permanente Retirement PlanPacific Gas and Electric Company Retirement Plan, Total assets ($B): 17.05949917 · Participants: 25709Pacific Gas and Electric Company Retirement PlanRetirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc., Total assets ($B): 10.381485239 · Participants: 19326Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc.Disney Salaried Pension Plan D, Total assets ($B): 9.228005463 · Participants: 11405Disney Salaried Pension Plan DWells Fargo & Company Cash Balance Plan, Total assets ($B): 8.784432859 · Participants: 59141Wells Fargo & Company Cash Balance Plan
Chevron Retirement Plan vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants

Scale composition for Chevron Retirement Plan

Chevron Retirement Plan reports $8.4B in end-of-year assets across 19,629 participants (0.068% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.021% of 93,925,755 covered participants) - about $428,518 per participant (3.1x the national average assets-per-participant) . Net income for plan year 2022 was -$2.0B.

This plan identity (EIN 940890210, plan #006) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $8.4B to $9.7B (+15.7%) while covered participants moved from 19,629 to 21,297 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 19,629 $8.4B This page
2023 20,576 $9.5B Open filing
2024 · index core 21,297 $9.7B Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Chevron Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside California, the nearest Defined Benefit (Pension) by assets is Fca US LLC UAW Pension Agreement in MI ($8.6B); by covered participants it is Liuna National (Industrial) Pension Fund in DC (19,641 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (19,629 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 Chevron Retirement Plan assets move in 2022? ▼
Chevron Retirement Plan declined sharply - down 19.2% during 2022, from $10.4B to $8.4B. Reported net income was -$2.0B.
How have Chevron Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Chevron Corporation's sponsor-wide assets grew 11.5%, from $27.1B to $30.2B.
Where does Chevron Retirement Plan rank by assets among Form 5500 filers? ▼
Chevron Retirement 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 Chevron Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Fca US LLC UAW Pension Agreement in MI ($8.6B, 14,563 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Chevron Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Liuna National (Industrial) Pension Fund in DC (19,641 participants, $1.4B in assets).