Defined Benefit (Pension) · DOL Form 5500 · 2022

Pasadena Refining System Pension Plan

Data updated 2026-08-11

$55M
Total assets
135
Participants
89th
Percentile by assets
$407,824
Avg per participant
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Official DOL plan name: Pasadena Refining System, Inc. Retirement Plan · Sponsored by Pasadena Refining System · Texas · Manufacturing

$55M in assets, 135 participants

Pasadena Refining System's Pasadena Refining System, Inc. Retirement Plan reported $55M in total assets and 135 participants in its 2022 DOL Form 5500 filing, ranking in the 89th 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.

  • 89th percentile by assets (of 139,126 plans)
  • #17,186 in Manufacturing (20,602 peers)

Coverage in Texas

Pasadena Refining System, Inc. Retirement Plan covers 135 participants in Texas, about 20% of the average Texas filer (state average ~688 per filing). Assets: $55M.

$55M
total plan assets (2022 EOY)
135
covered participants
89th
percentile by assets (of 139,126 plans)
$407,824
avg assets per participant

The plan reported a net loss of $11M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Pasadena Refining System, Inc. Retirement Plan sits by total assets

Pasadena Refining System, Inc. Retirement Plan vs every filed plan by assets

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

$55,056,185 Top 11% higher than 89% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State
Industry

Participants vs Texas filers

In Texas, the average filing covers about 688 participants across 10,116 plans. Pasadena Refining System, Inc. Retirement Plan reports 135 participants - about 20% of that state average ($55M EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)$66M
Net Assets (End of Year)$55M
Net Income-$11M
Employer EIN061513158
Plan Effective Date2005-01-25
Filing StatusFILING RECEIVED

Sponsor Plan History (Pasadena Refining System)

$54M$56M$58M$60M$62M$64M 202220232024 $55.1M $61.6M ▲ +12.0%
Total plan assets by year, all Pasadena Refining System plans on file
Year Plans Participants Total Assets
2022 2 309 $55M
2023 1 130 $58M
2024 1 119 $62M

Nearby Defined Benefit (Pension) Plans in Texas

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

Pasadena Refining System, Inc. Retirement Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Pasadena Refining Sy…, Total assets ($B): 0.055056185 · Participants: 135Pasadena Refining Sy…AT&T Pension Benefit…, Total assets ($B): 40.998144 · Participants: 119463AT&T Pension Benefit…Shell Pension Plan, Total assets ($B): 14.642588618 · Participants: 12912Shell Pension PlanExxonmobil Pension P…, Total assets ($B): 11.599 · Participants: 23661Exxonmobil Pension P…Caterpillar Inc. Ret…, Total assets ($B): 9.541187279 · Participants: 12815Caterpillar Inc. Ret…Bp Retirement Accumu…, Total assets ($B): 5.371602289 · Participants: 9156Bp Retirement Accumu…
Pasadena Refining System, Inc. Retirement 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 Pasadena Refining System, Inc. Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Pasadena Refining System, Inc. Retirement Plan assets move in 2022?
Pasadena Refining System, Inc. Retirement Plan declined sharply - down 17.1% during 2022, from $66M to $55M. Reported net income was -$11M.
How have Pasadena Refining System plan assets changed over time?
Across 3 plan years on file (2022-2024), Pasadena Refining System's sponsor-wide assets grew 12.0%, from $55M to $62M.
Where does Pasadena Refining System, Inc. Retirement Plan rank by assets among Form 5500 filers?
Pasadena Refining System, Inc. Retirement Plan ranks in the 89th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Pasadena Refining System, Inc. Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Retirement Plan for Non-Academic Employees in NY ($55M, 172 participants).

Next read for Pasadena Refining System, Inc. Retiremen…

Filing takeaways

Ways to act on Pasadena Refining System, Inc. Retirement Plan's numbers.

  • By total assets, Pasadena Refining System, Inc. Retirement Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Texas. Compare plans
  • Pasadena Refining System's sponsor-wide assets have grown 12.0% since 2022 across 3 plan years on file. More Manufacturing plans