401(k) · DOL Form 5500 · 2023

Hess Corporation 401(k) Plan

Data updated 2026-08-25

$1.0B
Total assets Very large vs avg
1,487
Participants Near avg headcount
99th
Percentile by assets National rank
$694,422
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Hess Corporation Employees' Savings Plan · Sponsored by Hess Corporation · Texas · Manufacturing

$1.0B in assets, 1,487 participants

Hess Corporation's Hess Corporation Employees' Savings Plan reported $1.0B in total assets and 1,487 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.

  • #18,282 in Manufacturing (18,722 peers)

Coverage in Texas

Hess Corporation Employees' Savings Plan covers 1,487 participants in Texas, 2.2x the typical Texas plan (state average ~688 per filing). Assets: $1.0B.

#18,282
in Manufacturing (18,722 peers)
+14.3%
assets growth YoY
10×
vs typical plan assets (national mean)

Hess Corporation Employees' Savings Plan's outsized position by total assets

Hess Corporation Employees' Savings Plan vs every filed plan by assets

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

$1,032,605,688 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

Hess Corporation Employees' Savings 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. Hess Corporation Employees' Savings Plan lands in the large band (1,487 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hess Corporation Employees' Savings Plan reported net income rose from -$58M in the plan year 2022 filing to $130M in the plan year 2023 filing.
  • Hess Corporation Employees' Savings Plan end-of-year assets rose from $904M in the plan year 2022 filing to $1.0B in the plan year 2023 filing.
  • Hess Corporation Employees' Savings Plan reported participants rose from 1,409 in the plan year 2022 filing to 1,487 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 134921002 · Hess Corporation PY 2023 · 401(k)

Hess Corporation Employees' Savings Plan · $1.0B · 1,487 · 99th

  • PCT $1.0B
  • PCT 1,487
  • PCT 99th
  • PCT 401(k)
  • PCT near Nomura Securities International, Inc. Retirement Investment Plan
  • PCT ind #18282

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 →

Hess Corporation Employees' Savings Plan in the asset neighbourhood

Hess Corporation Employees' Savings PlanHess Corporation Employees' …$1.0BNomura Securities International, Inc. Retirement Investment PlanNomura Securities Internatio…$1.0BZebra 401(k) Plan$1.0BExpeditors International of Washington, Inc. 401(k) PlanExpeditors International of …$1.0BSupply Chain Retirement Savings PlanSupply Chain Retirement Savi…$1.0B
End-of-year total assets ($B) among Hess Corporation Employees' Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Texas filing particulars

Total Assets (Beginning of Year)$904M
Net Assets (End of Year)$1.0B
Net Income$130M
Employer EIN134921002
Plan Effective Date1972-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hess Corporation)

Sponsor-wide plan assets over time

All Hess Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$3.0B 4.792069519831085% vs 2022
2024 filing year
$2.8B$2.85B$2.9B$2.95B$3B$3.05B 202220232024 $2.86B $3B ▲ +4.9%
Year Plans Participants Total Assets
2022 3 2,731 $2.9B
2023 2 2,811 $2.9B
2024 2 3,021 $3.0B

Nearby 401(k) Plans in Texas

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Hess Corporation Employees' Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Hess Corporation Employees' Savings Plan, Total assets ($B): 1.032605688 · Participants: 1487Hess Corporation Employees' Savings PlanAT&T Retirement Savings Plan, Total assets ($B): 40.012012 · Participants: 119854AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.917 · Participants: 23477Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 16.496476432 · Participants: 41679Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 14.680189879 · Participants: 88792American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 13.529835 · Participants: 45686Dell Inc. 401(k) Plan
Hess Corporation Employees' Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Hess Corporation Employees' Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Nomura Securities International, Inc. Retirement Investment Plan in NY ($1.0B); by covered participants it is Ncino, Inc. 401(k) Plan in NC (1,487 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.0B here).

Similar participant headcount

Nearest other-state filings by covered participants (1,487 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 Hess Corporation Employees' Savings Plan assets move in 2023? ▼
Hess Corporation Employees' Savings Plan grew at a solid clip - up 14.3% during 2023, from $904M to $1.0B. Reported net income was $130M.
How have Hess Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hess Corporation's sponsor-wide assets grew 4.8%, from $2.9B to $3.0B.
Where does Hess Corporation Employees' Savings Plan rank by assets among Form 5500 filers? ▼
Hess Corporation Employees' Savings 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 401(k) plans are similar in size to Hess Corporation Employees' Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Nomura Securities International, Inc. Retirement Investment Plan in NY ($1.0B, 1,923 participants).
Which 401(k) plans cover a similar participant headcount to Hess Corporation Employees' Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Ncino, Inc. 401(k) Plan in NC (1,487 participants, $86M in assets).