401(k) · DOL Form 5500 · 2023

Devon Energy Corporation 401(k) Plan

Data updated 2026-08-25

$933M
Total assets Above avg plan size
1,858
Participants Near avg headcount
99th
Percentile by assets National rank
$502,130
Avg per participant High balance/head
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Official DOL plan name: Devon Energy Corporation Incentive Savings Plan · Sponsored by Devon Energy Corporation · Oklahoma · Mining & Oil Extraction

$933M in assets, 1,858 participants

Devon Energy Corporation's Devon Energy Corporation Incentive Savings Plan reported $933M in total assets and 1,858 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.

  • #792 in Mining & Oil Extraction (811 peers)

Coverage in Oklahoma

Devon Energy Corporation Incentive Savings Plan covers 1,858 participants in Oklahoma, 2.4x the typical Oklahoma plan (state average ~760 per filing). Assets: $933M.

#792
in Mining & Oil Extraction (811 peers)
+17.8%
assets growth YoY
9.4×
vs typical plan assets (national mean)

Devon Energy Corporation Incentive Savings Plan's outsized position by total assets

Devon Energy Corporation Incentive Savings Plan vs every filed plan by assets

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

$932,957,189 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

Devon Energy Corporation Incentive 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. Devon Energy Corporation Incentive Savings Plan lands in the large band (1,858 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Devon Energy Corporation Incentive Savings Plan reported net income rose from -$179M in the plan year 2022 filing to $141M in the plan year 2023 filing.
  • Devon Energy Corporation Incentive Savings Plan end-of-year assets rose from $792M in the plan year 2022 filing to $933M in the plan year 2023 filing.
  • Devon Energy Corporation Incentive Savings Plan reported participants rose from 1,642 in the plan year 2022 filing to 1,858 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 731567067 · Devon Energy Corporation PY 2023 · 401(k)

Devon Energy Corporation Incentive Savings Plan · $933M · 1,858 · 99th

  • 5500 $933M
  • ASSETS 1,858
  • PCT 99th
  • EIN 401(k)
  • RANK near Penske Automotive Group 401(k) Savings and Retirement Plan
  • PHOTO ind #792

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 Mining & Oil Extraction retirement plans → · Plans in Oklahoma →

Devon Energy Corporation Incentive Savings Plan in the asset neighbourhood

Penske Automotive Group 401(k) Savings and Retirement PlanPenske Automotive Group 401(…$933MDevon Energy Corporation Incentive Savings PlanDevon Energy Corporation Inc…$933MUniversity of Minnesota Physicians Retirement Savings and 401(k) PlanUniversity of Minnesota Phys…$933MChicago Mercantile Exchange, Inc. 401(k) Savings PlanChicago Mercantile Exchange,…$932MLittler Mendelson 401(k) Plan and TrustLittler Mendelson 401(k) Pla…$932M
End-of-year total assets ($M) among Devon Energy Corporation Incentive Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Oklahoma filing particulars

Total Assets (Beginning of Year)$792M
Net Assets (End of Year)$933M
Net Income$141M
Employer EIN731567067
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Devon Energy Corporation)

Sponsor-wide plan assets over time

All Devon Energy Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$1.5B 18.43655610949075% vs 2022
2024 filing year
$1.2B$1.3B$1.4B$1.5B$1.6B 202220232024 $1.27B $1.51B ▲ +18.9%
Year Plans Participants Total Assets
2022 2 1,823 $1.3B
2023 2 2,029 $1.4B
2024 2 2,113 $1.5B

Nearby 401(k) Plans in Oklahoma

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

Devon Energy Corporation Incentive Savings Plan vs. nearby 401(k) plans in Oklahoma, assets vs. participants Scatter plot of 6 data points. 050001000015000 012345 Total assets ($B) Participants Devon Energy Corporation Incentive Savings Plan, Total assets ($B): 0.932957189 · Participants: 1858Devon Energy Corporation Incentive Savings PlanQuiktrip Corporation Retirement Plan, Total assets ($B): 4.212452319 · Participants: 11746Quiktrip Corporation Retirement PlanThe Williams Investment Plus Plan, Total assets ($B): 1.681202476 · Participants: 5041The Williams Investment Plus PlanOneok, Inc. 401(k) Plan, Total assets ($B): 1.156591 · Participants: 2965Oneok, Inc. 401(k) PlanBok Financial 401(k) Plan, Total assets ($B): 1.048169756 · Participants: 4766Bok Financial 401(k) PlanSaint Francis Health System, Inc. 401(k) Savings P, Total assets ($B): 0.867054663 · Participants: 10134Saint Francis Health System, Inc. 401(k) Savings P
Devon Energy Corporation Incentive Savings Plan vs. nearby 401(k) plans in Oklahoma, assets vs. participants
Compare Devon Energy Corporation Incentive Savings Plan side-by-side with 3 peers →

Devon Energy Corporation Incentive Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Oklahoma, the nearest 401(k) by assets is Penske Automotive Group 401(k) Savings and Retirement Plan in MI ($933M); by covered participants it is Teknor Savings Plus Plan in RI (1,858 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,858 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 Devon Energy Corporation Incentive Savings Plan assets move in 2023? ▼
Devon Energy Corporation Incentive Savings Plan grew sharply - up 17.8% during 2023, from $792M to $933M. Reported net income was $141M.
How have Devon Energy Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Devon Energy Corporation's sponsor-wide assets grew 18.4%, from $1.3B to $1.5B.
Where does Devon Energy Corporation Incentive Savings Plan rank by assets among Form 5500 filers? ▼
Devon Energy Corporation Incentive 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 Devon Energy Corporation Incentive Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Penske Automotive Group 401(k) Savings and Retirement Plan in MI ($933M, 12,918 participants).
Which 401(k) plans cover a similar participant headcount to Devon Energy Corporation Incentive Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Teknor Savings Plus Plan in RI (1,858 participants, $243M 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 731567067.

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.