Defined Benefit (Pension) · DOL Form 5500 · 2022

Aramco Shared Benefits Company Pension Plan

Data updated 2026-08-06

$1.8B
Total assets
1,745
Participants
99th
Percentile by assets
$1.0M
Avg per participant
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Official DOL plan name: Aramco U.S. Retirement Income Plan · Sponsored by Aramco Shared Benefits Company · Texas · Mining & Oil Extraction

$1.8B in assets, 1,745 participants

Aramco Shared Benefits Company's Aramco U.S. Retirement Income Plan reported $1.8B in total assets and 1,745 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 139,258 plans)
  • #883 in Mining & Oil Extraction (892 peers)

Coverage in Texas

Aramco U.S. Retirement Income Plan covers 1,745 participants in Texas, 2.5x the typical Texas plan (state average ~704 per filing). Assets: $1.8B.

$1.8B
total plan assets (2022 EOY)
1,745
covered participants
99th
percentile by assets (of 139,258 plans)
$1.0M
avg assets per participant

The plan reported a net loss of $482M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs Texas filers

In Texas, the average filing covers about 704 participants across 9,718 plans. Aramco U.S. Retirement Income Plan reports 1,745 participants - 2.5x that state average ($1.8B EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)$2.2B
Net Assets (End of Year)$1.6B
Net Income-$482M
Employer EIN844364434
Plan Effective Date1950-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Aramco Shared Benefits Company)

$4.2B$4.4B$4.6B$4.8B 202220232024 $4.38B $4.72B ▲ +7.8%
Total plan assets by year, all Aramco Shared Benefits Company plans on file
Year Plans Participants Total Assets
2022 2 3,557 $4.4B
2023 2 3,352 $4.6B
2024 2 3,417 $4.7B

Nearby Defined Benefit (Pension) Plans in Texas

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

Aramco U.S. Retirement Income Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants

Aramco U.S. Retirement Income Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Aramco U.S. Retireme…AT&T Pension Benefit…Shell Pension PlanExxonmobil Pension P…Caterpillar Inc. Ret…Bp Retirement Accumu…
Aramco U.S. Retirement Income Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Aramco U.S. Retirement Income Plan by total assets, not by location.

Frequently Asked Questions

How did Aramco U.S. Retirement Income Plan assets move in 2022?
Aramco U.S. Retirement Income Plan declined sharply - down 19.0% during 2022, from $2.2B to $1.8B. Reported net income was -$482M.
How have Aramco Shared Benefits Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Aramco Shared Benefits Company's sponsor-wide assets grew 7.9%, from $4.4B to $4.7B.
Where does Aramco U.S. Retirement Income Plan rank by assets among Form 5500 filers?
Aramco U.S. Retirement Income Plan ranks in the 99th percentile by end-of-year assets among 139,258 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 Aramco U.S. Retirement Income Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Seafarers Pension Plan in MD ($1.8B, 7,399 participants).

Next read for Aramco U.S. Retirement Income Plan

Filing takeaways

Ways to act on Aramco U.S. Retirement Income Plan's numbers.