Defined Benefit (Pension) · DOL Form 5500 · 2022
Chevron Corporation Pension Plan
Data updated 2026-08-11
- $8.4B
- Total assets
- 19,629
- Participants
- 100th
- Percentile by assets
- $428,518
- Avg per participant
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.
- 100th percentile by assets (of 139,126 plans)
- #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.
- $8.4B
- total plan assets (2022 EOY)
- 19,629
- covered participants
- 100th
- percentile by assets (of 139,126 plans)
- $428,518
- avg assets per participant
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.
Participants vs California filers
In California, the average filing covers about 630 participants across 15,291 plans. Chevron Retirement Plan reports 19,629 participants - 31x that state average ($8.4B EOY assets).
California filing particulars
| Total Assets (Beginning of Year) | $10.4B |
|---|---|
| Net Assets (End of Year) | $8.4B |
| Net Income | -$2.0B |
| Employer EIN | 940890210 |
| Plan Effective Date | 1933-12-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Chevron Corporation)
| 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
- Kaiser Permanente Retirement Plan $31.9B · 126,331
- Pacific Gas and Electric Company Retirement Plan $17.1B · 25,709
- Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc. $10.4B · 19,326
- Disney Salaried Pension Plan D $9.2B · 11,405
- Wells Fargo & Company Cash Balance Plan $8.8B · 59,141
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 Employee Savings Investment Plan (401(k), $20.4B, 21,505 participants)
- Chevron Retirement Plan (Defined Benefit (Pension), $9.7B, 21,297 participants)
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Chevron Retirement Plan by total assets, not by location.
- Fca US LLC UAW Pension Agreement (MI) $8.6B · 14,563
- Ng Space&mission Systems Corp Salaried Pension Pla (VA) $8.1B · 7,799
- Retirement Plan of International Paper Company (TN) $8.8B · 20,914
- United Food & Commercial Workers Intl Union - Industry Pension Fund (IL) $8.0B · 20,170
Frequently Asked Questions
How did Chevron Retirement Plan assets move in 2022? ▼
How have Chevron Corporation plan assets changed over time? ▼
Where does Chevron Retirement Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Chevron Retirement Plan? ▼
Next read for Chevron Retirement Plan
Filing takeaways
Ways to act on Chevron Retirement Plan's numbers.
- By total assets, Chevron Retirement Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in California. Compare plans
- Chevron Corporation's sponsor-wide assets have grown 11.5% since 2022 across 3 plan years on file. More Manufacturing plans