Defined Benefit (Pension) · DOL Form 5500 · 2023
Valero Energy Corporation Pension Plan
Data updated 2026-08-11
- $2.5B
- Total assets
- 6,500
- Participants
- 99th
- Percentile by assets
- $379,337
- Avg per participant
Official DOL plan name: Valero Energy Corporation Pension Plan · Sponsored by Valero Energy Corporation · Texas · Manufacturing
$2.5B in assets, 6,500 participants
Valero Energy Corporation's Valero Energy Corporation Pension Plan reported $2.5B in total assets and 6,500 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)
- #18,527 in Manufacturing (18,722 peers)
Coverage in Texas
Valero Energy Corporation Pension Plan covers 6,500 participants in Texas, 9.5x the typical Texas plan (state average ~688 per filing). Assets: $2.5B.
- $2.5B
- total plan assets (2023 EOY)
- 6,500
- covered participants
- 99th
- percentile by assets (of 127,072 plans)
- $379,337
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Valero Energy Corporation Pension Plan reported net income rose from -$708M in the plan year 2022 filing to $259M in the plan year 2023 filing.
- Valero Energy Corporation Pension Plan end-of-year assets rose from $2.2B in the plan year 2022 filing to $2.5B in the plan year 2023 filing.
- Valero Energy Corporation Pension Plan reported participants fell from 6,677 in the plan year 2022 filing to 6,500 in the plan year 2023 filing.
Participants vs Texas filers
In Texas, the average filing covers about 688 participants across 10,116 plans. Valero Energy Corporation Pension Plan reports 6,500 participants - 9.5x that state average ($2.5B EOY assets).
Texas filing particulars
| Total Assets (Beginning of Year) | $2.2B |
|---|---|
| Net Assets (End of Year) | $2.5B |
| Net Income | $259M |
| Employer EIN | 741828067 |
| Plan Effective Date | 1985-03-01 |
| 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 Defined Benefit (Pension) Plans in Texas
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Valero Energy Corporation Pension Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants
- AT&T Pension Benefit Plan $30.0B · 107,859
- Shell Pension Plan $15.1B · 12,215
- Exxonmobil Pension Plan $12.0B · 22,551
- Caterpillar Inc. Retirement Income Plan $9.8B · 12,138
- Bp Retirement Accumulation Plan $5.5B · 9,360
Scale composition for Valero Energy Corporation Pension Plan
Valero Energy Corporation Pension Plan reports $2.5B in end-of-year assets across 6,500 participants (0.020% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $379,337 per participant (2.7x the national average assets-per-participant) . Net income for plan year 2023 was $259M.
This plan identity (EIN 741828067, plan #005) has 5 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.2B to $2.6B (+19.9%) while covered participants moved from 6,677 to 6,460 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 6,677 | $2.2B | Open filing |
| 2023 | 7,019 | $2.4B | Open filing |
| 2023 | 6,956 | $2.7B | Open filing |
| 2023 | 6,500 | $2.5B | This page |
| 2024 · index core | 6,460 | $2.6B | 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 Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Valero Energy Corporation Pension Plan by total assets, not by location.
Frequently Asked Questions
How did Valero Energy Corporation Pension Plan assets move in 2023? ▼
How have Valero Energy Corporation plan assets changed over time? ▼
Where does Valero Energy Corporation Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Valero Energy Corporation Pension Plan? ▼
Next read for Valero Energy Corporation Pension Plan
Filing takeaways
Ways to act on Valero Energy Corporation Pension Plan's numbers.
- By total assets, Valero Energy Corporation Pension Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) 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