401(k) · DOL Form 5500 · 2023
Valero Energy Corporation 401(k) Plan
Data updated 2026-08-06
- $3.1B
- Total assets
- 7,914
- Participants
- 100th
- Percentile by assets
- $391,027
- Avg per participant
Official DOL plan name: Valero Energy Corporation Thrift Plan · Sponsored by Valero Energy Corporation · Texas · Manufacturing
$3.1B in assets, 7,914 participants
Valero Energy Corporation's Valero Energy Corporation Thrift Plan reported $3.1B in total assets and 7,914 participants in its 2023 DOL Form 5500 filing, ranking in the 100th 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.
- 100th percentile by assets (of 126,618 plans)
- #18,505 in Manufacturing (18,672 peers)
Coverage in Texas
Valero Energy Corporation Thrift Plan covers 7,914 participants in Texas, 11x the typical Texas plan (state average ~704 per filing). Assets: $3.1B.
- $3.1B
- total plan assets (2023 EOY)
- 7,914
- covered participants
- 100th
- percentile by assets (of 126,618 plans)
- $391,027
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Valero Energy Corporation Thrift Plan reported net income rose from -$356M in the plan year 2022 filing to $401M in the plan year 2023 filing.
- Valero Energy Corporation Thrift Plan end-of-year assets rose from $2.7B in the plan year 2022 filing to $3.1B in the plan year 2023 filing.
- Valero Energy Corporation Thrift Plan reported participants fell from 7,979 in the plan year 2022 filing to 7,914 in the plan year 2023 filing.
Participants vs Texas filers
In Texas, the average filing covers about 704 participants across 9,718 plans. Valero Energy Corporation Thrift Plan reports 7,914 participants - 11x that state average ($3.1B EOY assets).
Texas filing particulars
| Total Assets (Beginning of Year) | $2.7B |
|---|---|
| Net Assets (End of Year) | $3.1B |
| Net Income | $401M |
| Employer EIN | 741828067 |
| Plan Effective Date | 1963-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Valero Energy Corporation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 5 | 16,114 | $5.2B |
| 2023 | 7 | 29,885 | $11.1B |
| 2024 | 5 | 16,043 | $6.5B |
Nearby 401(k) Plans in Texas
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Valero Energy Corporation Thrift Plan vs. nearby 401(k) plans in Texas, assets vs. participants
- AT&T Retirement Savings Plan $40.0B · 119,854
- Exxonmobil Savings Plan $21.9B · 23,477
- Caterpillar 401(k) Savings Plan $16.5B · 41,679
- American Airlines, Inc. 401(k) Plan $14.7B · 88,792
- Dell Inc. 401(k) Plan $13.5B · 45,686
Scale composition for Valero Energy Corporation Thrift Plan
Valero Energy Corporation Thrift Plan reports $3.1B in end-of-year assets across 7,914 participants (0.027% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.009% of 89,805,449 covered participants) - about $391,027 per participant (2.9x the national average assets-per-participant) . Net income for plan year 2023 was $401M.
This plan identity (EIN 741828067, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.7B to $3.4B (+25.8%) while covered participants moved from 7,979 to 8,053 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 7,979 | $2.7B | Open filing |
| 2023 | 7,914 | $3.1B | This page |
| 2024 · index core | 8,053 | $3.4B | Open filing |
The same sponsor also keeps 3 other index-core plans on PlainRetire:
- Valero Energy Corporation Thrift Plan (401(k), $3.4B, 8,053 participants)
- Valero Energy Corporation Pension Plan (Defined Benefit (Pension), $2.6B, 6,460 participants)
- Premcor Retirement Savings Plan (401(k), $325M, 715 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Valero Energy Corporation Thrift Plan by total assets, not by location.
- Iqvia 401(k) Plan (NC) $3.1B · 20,893
- Battelle Employees' Savings Plan (OH) $3.1B · 8,382
- Barclays 401(k) Plan (NY) $3.1B · 11,480
- Sanford Retirement Savings Plan (ND) $3.1B · 30,495
Frequently Asked Questions
How did Valero Energy Corporation Thrift Plan assets move in 2023? ▼
How have Valero Energy Corporation plan assets changed over time? ▼
Where does Valero Energy Corporation Thrift Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Valero Energy Corporation Thrift Plan? ▼
Next read for Valero Energy Corporation Thrift Plan
Filing takeaways
Ways to act on Valero Energy Corporation Thrift Plan's numbers.
- By total assets, Valero Energy Corporation Thrift Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Texas. Compare plans
- Valero Energy Corporation's sponsor-wide assets have grown 23.1% since 2022 across 3 plan years on file. More Manufacturing plans