Defined Benefit (Pension) · DOL Form 5500 · 2023

Valero Energy Corporation Pension Plan

Data updated 2026-08-25

$2.4B
Total assets Very large vs avg
7,019
Participants Above avg headcount
99th
Percentile by assets National rank
$336,675
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Valero Energy Corporation Pension Plan · Sponsored by Valero Energy Corporation · Texas · Manufacturing

$2.4B in assets, 7,019 participants

Valero Energy Corporation's Valero Energy Corporation Pension Plan reported $2.4B in total assets and 7,019 participants in its 2023 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.

  • #18,518 in Manufacturing (18,722 peers)

Coverage in Texas

Valero Energy Corporation Pension Plan covers 7,019 participants in Texas, 10x the typical Texas plan (state average ~688 per filing). Assets: $2.4B.

#18,518
in Manufacturing (18,722 peers)
+15.7%
assets growth YoY
24×
vs typical plan assets (national mean)

Valero Energy Corporation Pension Plan's outsized position by total assets

Valero Energy Corporation Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$2,363,118,563 Top 1% higher than 99% of 127,068 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 2023

Valero Energy Corporation Pension Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Valero Energy Corporation Pension Plan lands in the large band (7,019 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Valero Energy Corporation Pension Plan reported net income rose from -$708M in the plan year 2022 filing to $317M in the plan year 2023 filing.
  • Valero Energy Corporation Pension Plan end-of-year assets rose from $2.2B in the plan year 2022 filing to $2.4B in the plan year 2023 filing.
  • Valero Energy Corporation Pension Plan reported participants rose from 6,677 in the plan year 2022 filing to 7,019 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 741828067 · Valero Energy Corporation PY 2023 · Defined Benefit (Pension)

Valero Energy Corporation Pension Plan · $2.4B · 7,019 · 99th

  • BOOK $2.4B
  • VS-ST 7,019
  • BOY 99th
  • SCH Defined Benefit (Pension)
  • EBSA near Frontier Communications Pension Plan
  • PART ind #18518

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 Texas →

Valero Energy Corporation Pension Plan in the asset neighbourhood

The Hearst Corporation Retirement PlanThe Hearst Corporation Retir…$2.4BCsx Pension Plan$2.4BUnion Carbide Employees' Pension PlanUnion Carbide Employees' Pen…$2.4BValero Energy Corporation Pension PlanValero Energy Corporation Pe…$2.4BFrontier Communications Pension PlanFrontier Communications Pens…$2.4B
End-of-year total assets ($B) among Valero Energy Corporation Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Texas filing particulars

Total Assets (Beginning of Year)$2.0B
Net Assets (End of Year)$2.3B
Net Income$317M
Employer EIN741828067
Plan Effective Date1985-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Valero Energy Corporation)

Sponsor-wide plan assets over time

All Valero Energy Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$6.5B 23.127665052136518% vs 2022
2024 filing year
$4B$6B$8B$10B$12B 202220232024 $5.24B $6.46B ▲ +23.3%
Year Plans Participants Total Assets
2022 5 16,114 $5.2B
2023 7 29,885 $11.1B
2024 5 16,043 $6.5B

Nearby Defined Benefit (Pension) Plans in Texas

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

Valero Energy Corporation Pension Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants Scatter plot of 6 data points. 050000100000150000 010203040 Total assets ($B) Participants Valero Energy Corporation Pension Plan, Total assets ($B): 2.363118563 · Participants: 7019Valero Energy Corporation Pension PlanAT&T Pension Benefit Plan, Total assets ($B): 30.018512 · Participants: 107859AT&T Pension Benefit PlanShell Pension Plan, Total assets ($B): 15.133347097 · Participants: 12215Shell Pension PlanExxonmobil Pension Plan, Total assets ($B): 12.015 · Participants: 22551Exxonmobil Pension PlanCaterpillar Inc. Retirement Income Plan, Total assets ($B): 9.803014695 · Participants: 12138Caterpillar Inc. Retirement Income PlanBp Retirement Accumulation Plan, Total assets ($B): 5.493677099 · Participants: 9360Bp Retirement Accumulation Plan
Valero Energy Corporation Pension Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants
Compare Valero Energy Corporation Pension Plan side-by-side with 3 peers →

Scale composition for Valero Energy Corporation Pension Plan

Valero Energy Corporation Pension Plan reports $2.4B in end-of-year assets across 7,019 participants (0.019% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $336,675 per participant (2.4x the national average assets-per-participant) . Net income for plan year 2023 was $317M.

This plan identity (EIN 741828067, plan #005) has 5 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.2B to $2.6B (+19.9%) while covered participants moved from 6,677 to 6,460 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 6,677 $2.2B Open filing
2023 7,019 $2.4B This page
2023 6,956 $2.7B Open filing
2023 6,500 $2.5B Open filing
2024 · index core 6,460 $2.6B Open filing

The same sponsor also keeps 3 other index-core plans on PlainRetire:

Valero Energy Corporation Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Texas, the nearest Defined Benefit (Pension) by assets is Frontier Communications Pension Plan in CT ($2.4B); by covered participants it is The Coca-Cola Company Pension Plan in GA (7,024 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($2.4B here).

Similar participant headcount

Nearest other-state filings by covered participants (7,019 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Valero Energy Corporation Pension Plan assets move in 2023? ▼
Valero Energy Corporation Pension Plan grew sharply - up 15.7% during 2023, from $2.0B to $2.4B. Reported net income was $317M.
How have Valero Energy Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Valero Energy Corporation's sponsor-wide assets grew 23.1%, from $5.2B to $6.5B.
Where does Valero Energy Corporation Pension Plan rank by assets among Form 5500 filers? ▼
Valero Energy Corporation Pension Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Valero Energy Corporation Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Frontier Communications Pension Plan in CT ($2.4B, 9,659 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Valero Energy Corporation Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is The Coca-Cola Company Pension Plan in GA (7,024 participants, $4.1B in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 741828067.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.