401(k) · DOL Form 5500 · 2023

Valero Energy Corporation 401(k) Plan

Data updated 2026-08-11

$297M
Total assets
693
Participants
96th
Percentile by assets
$428,764
Avg per participant
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Official DOL plan name: Premcor Retirement Savings Plan · Sponsored by Valero Energy Corporation · Texas · Manufacturing

$297M in assets, 693 participants

Valero Energy Corporation's Premcor Retirement Savings Plan reported $297M in total assets and 693 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 127,072 plans)
  • #17,563 in Manufacturing (18,722 peers)

Where Premcor Retirement Savings Plan sits by assets

Premcor Retirement Savings Plan sits in the top 5% of all filed plans by assets, $297M for 693 participants (~$428,764/participant), up 14.0% in 2023.

$297M
total plan assets (2023 EOY)
693
covered participants
96th
percentile by assets (of 127,072 plans)
$428,764
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Premcor Retirement Savings Plan reported net income rose from -$43M in the plan year 2022 filing to $37M in the plan year 2023 filing.
  • Premcor Retirement Savings Plan end-of-year assets rose from $261M in the plan year 2022 filing to $297M in the plan year 2023 filing.
  • Premcor Retirement Savings Plan reported participants rose from 676 in the plan year 2022 filing to 693 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Premcor Retirement Savings Plan vs the 2023 asset distribution

By assets, Premcor Retirement Savings Plan outranks 96% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 3.0x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$261M
Net Assets (End of Year)$297M
Net Income$37M
Employer EIN741828067
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Valero Energy Corporation)

$4B$6B$8B$10B$12B 202220232024 $5.24B $6.46B ▲ +23.3%
Total plan assets by year, all Valero Energy Corporation plans on file
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.

Premcor Retirement Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Premcor Retirement Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Premcor Retirement S…AT&T Retirement Savi…Exxonmobil Savings P…Caterpillar 401(k) S…American Airlines, I…Dell Inc. 401(k) Plan
Premcor Retirement 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 Premcor Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Premcor Retirement Savings Plan assets move in 2023?
Premcor Retirement Savings Plan grew at a solid clip - up 14.0% during 2023, from $261M to $297M. Reported net income was $37M.
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 Premcor Retirement Savings Plan rank by assets among Form 5500 filers?
Premcor Retirement Savings Plan ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Premcor Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Fragomen, Del Rey, Bernsen & Loewy, LLP 401(k) Profit Sharing Plan in NJ ($297M, 3,082 participants).

Next read for Premcor Retirement Savings Plan

Scale reading

Ways to act on Premcor Retirement Savings Plan's numbers.