401(k) · DOL Form 5500 · 2023

Hess Corporation 401(k) Plan

Data updated 2026-08-11

$1.0B
Total assets
1,487
Participants
99th
Percentile by assets
$694,422
Avg per participant
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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.

  • 99th percentile by assets (of 127,072 plans)
  • #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.

$1.0B
total plan assets (2023 EOY)
1,487
covered participants
99th
percentile by assets (of 127,072 plans)
$694,422
avg assets per participant

Where Hess Corporation Employees' Savings Plan sits 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 $2,010,000,000 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 2023

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 →

State
Industry

Participants vs Texas filers

In Texas, the average filing covers about 688 participants across 10,116 plans. Hess Corporation Employees' Savings Plan reports 1,487 participants - 2.2x that state average ($1.0B EOY assets).

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)

$2.8B$2.85B$2.9B$2.95B$3B$3.05B 202220232024 $2.86B $3B ▲ +4.9%
Total plan assets by year, all Hess Corporation plans on file
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

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 Emp…AT&T Retirement Savi…Exxonmobil Savings P…Caterpillar 401(k) S…American Airlines, I…Dell Inc. 401(k) Plan
Hess Corporation Employees' Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Hess Corporation Employees' Savings Plan by total assets, not by location.

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).

Next read for Hess Corporation Employees' Savings Plan

Filing takeaways

Ways to act on Hess Corporation Employees' Savings Plan's numbers.