Defined Benefit (Pension) · DOL Form 5500 · 2023

Valero Energy Corporation Pension Plan

Data updated 2026-08-25

$65M
Total assets Below avg plan size
269
Participants Below avg headcount
88th
Percentile by assets National rank
$241,159
Avg per participant Above avg balance/head
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Official DOL plan name: Premcor Pension Plan · Sponsored by Valero Energy Corporation · Texas · Manufacturing

$65M in assets, 269 participants

Valero Energy Corporation's Premcor Pension Plan reported $65M in total assets and 269 participants in its 2023 DOL Form 5500 filing, ranking in the 88th 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.

  • #15,407 in Manufacturing (18,722 peers)

Coverage in Texas

Premcor Pension Plan covers 269 participants in Texas, about 39% of the average Texas filer (state average ~688 per filing). Assets: $65M.

#15,407
in Manufacturing (18,722 peers)
+9.5%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Premcor Pension Plan's outsized position by total assets

Premcor Pension Plan vs every filed plan by assets

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

$64,871,687 Top 12% higher than 88% 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

Premcor Pension Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Premcor Pension Plan sits mid-pack in the medium band (269 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Premcor Pension Plan reported net income rose from -$16M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Premcor Pension Plan end-of-year assets rose from $59M in the plan year 2022 filing to $65M in the plan year 2023 filing.
  • Premcor Pension Plan reported participants fell from 285 in the plan year 2022 filing to 269 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 741828067 · Valero Energy Corporation PY 2023 · Defined Benefit (Pension)

Premcor Pension Plan · $65M · 269 · 88th

  • IND $65M
  • IND 269
  • IND 88th
  • IND Defined Benefit (Pension)
  • IND near Carpenters Local No 491 Pension Plan
  • IND ind #15407

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 Manufacturing retirement plans → · Plans in Texas →

Premcor Pension Plan in the asset neighbourhood

Premcor Pension Plan$65MCarpenters Local No 491 Pension PlanCarpenters Local No 491 Pens…$65MRetirement Plan for Pilots of Piedmont Airlines, Inc.Retirement Plan for Pilots o…$65MThe Restated Noncontributory Retirement Plan for CooperativesThe Restated Noncontributory…$65MYoung & Rubicam LLC Career Cash Balance Continuation PlanYoung & Rubicam LLC Career C…$65M
End-of-year total assets ($M) among Premcor Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Texas filing particulars

Total Assets (Beginning of Year)$59M
Net Assets (End of Year)$65M
Net Income$6M
Employer EIN741828067
Plan Effective Date2002-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Valero Energy Corporation)

Sponsor-wide plan assets over time

All Valero Energy Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$6.5B 23.127665052136518% vs 2022
2024 filing year
$4B$6B$8B$10B$12B 202220232024 $5.24B $6.46B ▲ +23.3%
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.

Premcor Pension Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Premcor Pension Plan, Total assets ($B): 0.064871687 · Participants: 269Premcor Pension PlanAT&T Pension Benefit Plan, Total assets ($B): 30.018512 · Participants: 107859AT&T Pension Benefit PlanShell Pension Plan, Total assets ($B): 15.133347097 · Participants: 12215Shell Pension PlanExxonmobil Pension Plan, Total assets ($B): 12.015 · Participants: 22551Exxonmobil Pension PlanCaterpillar Inc. Retirement Income Plan, Total assets ($B): 9.803014695 · Participants: 12138Caterpillar Inc. Retirement Income PlanBp Retirement Accumulation Plan, Total assets ($B): 5.493677099 · Participants: 9360Bp Retirement Accumulation Plan
Premcor Pension Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants
Compare Premcor Pension Plan side-by-side with 3 peers →

Premcor Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Texas, the nearest Defined Benefit (Pension) by assets is Carpenters Local No 491 Pension Plan in MD ($65M); by covered participants it is Teamsters Joint Council No. 16 Pension Fund in NY (269 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (269 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 Premcor Pension Plan assets move in 2023? ▼
Premcor Pension Plan grew at a solid clip - up 9.5% during 2023, from $59M to $65M. Reported net income was $6M.
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 Pension Plan rank by assets among Form 5500 filers? ▼
Premcor Pension Plan ranks in the 88th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Premcor Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Carpenters Local No 491 Pension Plan in MD ($65M, 430 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Premcor Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Teamsters Joint Council No. 16 Pension Fund in NY (269 participants, $39M 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 741828067.

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.