401(k) · DOL Form 5500 · 2023

Helmerich & Payne, Inc. 401(k) Plan

Data updated 2026-08-25

$746M
Total assets Above avg plan size
7,230
Participants Very large workforce
98th
Percentile by assets National rank
$103,239
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: The Helmerich & Payne, Inc. 401(k)/Thrift Plan · Sponsored by Helmerich & Payne, Inc. · Oklahoma · Mining & Oil Extraction

$746M in assets, 7,230 participants

Helmerich & Payne, Inc.'s The Helmerich & Payne, Inc. 401(k)/Thrift Plan reported $746M in total assets and 7,230 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

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

Coverage in Oklahoma

The Helmerich & Payne, Inc. 401(k)/Thrift Plan covers 7,230 participants in Oklahoma, 9.5x the typical Oklahoma plan (state average ~760 per filing). Assets: $746M.

#786
in Mining & Oil Extraction (811 peers)
+20.0%
assets growth YoY
7.5×
vs typical plan assets (national mean)

The Helmerich & Payne, Inc. 401(k)/Thrift Plan's outsized position by total assets

The Helmerich & Payne, Inc. 401(k)/Thrift Plan vs every filed plan by assets

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

$746,418,097 Top 2% higher than 98% 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

The Helmerich & Payne, Inc. 401(k)/Thrift 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. The Helmerich & Payne, Inc. 401(k)/Thrift Plan lands in the large band (7,230 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Helmerich & Payne, Inc. 401(k)/Thrift Plan reported net income rose from -$93M in the plan year 2022 filing to $124M in the plan year 2023 filing.
  • The Helmerich & Payne, Inc. 401(k)/Thrift Plan end-of-year assets rose from $622M in the plan year 2022 filing to $746M in the plan year 2023 filing.
  • The Helmerich & Payne, Inc. 401(k)/Thrift Plan reported participants rose from 6,186 in the plan year 2022 filing to 7,230 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 730679879 · Helmerich & Payne, Inc. PY 2023 · 401(k)

The Helmerich & Payne, Inc. 401(k)/Thrift Plan · $746M · 7,230 · 98th

  • BOY $746M
  • BOY 7,230
  • BOY 98th
  • BOY 401(k)
  • BOY near Engage Peo Retirement Savings Plan
  • BOY ind #786

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 →

The Helmerich & Payne, Inc. 401(k)/Thrift Plan in the asset neighbourhood

Dematic Corp. 401(k) Retirement PlanDematic Corp. 401(k) Retirem…$747MTransocean U.S. Savings Plan$747MEngage Peo Retirement Savings PlanEngage Peo Retirement Saving…$747MThe Helmerich & Payne, Inc. 401(k)/Thrift PlanThe Helmerich & Payne, Inc. …$746MTaft Stettinius & Hollister LLP Thrift Savings & Retirement PlanTaft Stettinius & Hollister …$746M
End-of-year total assets ($M) among The Helmerich & Payne, Inc. 401(k)/Thrift Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Oklahoma filing particulars

Total Assets (Beginning of Year)$622M
Net Assets (End of Year)$746M
Net Income$124M
Employer EIN730679879
Plan Effective Date1974-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Helmerich & Payne, Inc.)

Sponsor-wide plan assets over time

All Helmerich & Payne, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$893M 32.84104569468436% vs 2022
2024 filing year
$600M$700M$800M$900M$1,000M 202220232024 $672M $893M ▲ +32.8%
Year Plans Participants Total Assets
2022 2 6,526 $672M
2023 2 7,551 $800M
2024 2 6,582 $893M

Nearby 401(k) Plans in Oklahoma

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

The Helmerich & Payne, Inc. 401(k)/Thrift Plan vs. nearby 401(k) plans in Oklahoma, assets vs. participants Scatter plot of 6 data points. 050001000015000 012345 Total assets ($B) Participants The Helmerich & Payne, Inc. 401(k)/Thrift Plan, Total assets ($B): 0.746418097 · Participants: 7230The Helmerich & Payne, Inc. 401(k)/Thrift 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) PlanDevon Energy Corporation Incentive Savings Plan, Total assets ($B): 0.932957189 · Participants: 1858Devon Energy Corporation Incentive Savings Plan
The Helmerich & Payne, Inc. 401(k)/Thrift Plan vs. nearby 401(k) plans in Oklahoma, assets vs. participants
Compare The Helmerich & Payne, Inc. 401(k)/Thrift Plan side-by-side with 3 peers →

Scale composition for The Helmerich & Payne, Inc. 401(k)/Thrift Plan

The Helmerich & Payne, Inc. 401(k)/Thrift Plan reports $746M in end-of-year assets across 7,230 participants (0.006% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $103,239 per participant (75% of the national average assets-per-participant) . Net income for plan year 2023 was $124M.

This plan identity (EIN 730679879, plan #004) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $622M to $844M (+35.7%) while covered participants moved from 6,186 to 6,288 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 6,186 $622M Open filing
2023 7,230 $746M This page
2024 · index core 6,288 $844M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

The Helmerich & Payne, Inc. 401(k)/Thrift Plan's out-of-state 401(k) peers by assets and headcount

Outside Oklahoma, the nearest 401(k) by assets is Engage Peo Retirement Savings Plan in FL ($747M); by covered participants it is Flex-N-Gate Corporation 401(k) Plan in IL (7,231 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($746M here).

Similar participant headcount

Nearest other-state filings by covered participants (7,230 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 The Helmerich & Payne, Inc. 401(k)/Thrift Plan assets move in 2023? ▼
The Helmerich & Payne, Inc. 401(k)/Thrift Plan grew sharply - up 20.0% during 2023, from $622M to $746M. Reported net income was $124M.
How have Helmerich & Payne, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Helmerich & Payne, Inc.'s sponsor-wide assets grew 32.8%, from $672M to $893M.
Where does The Helmerich & Payne, Inc. 401(k)/Thrift Plan rank by assets among Form 5500 filers? ▼
The Helmerich & Payne, Inc. 401(k)/Thrift Plan ranks in the 98th 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 The Helmerich & Payne, Inc. 401(k)/Thrift Plan? ▼
Among 401(k) plans in other states, the closest by assets is Engage Peo Retirement Savings Plan in FL ($747M, 21,204 participants).
Which 401(k) plans cover a similar participant headcount to The Helmerich & Payne, Inc. 401(k)/Thrift Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Flex-N-Gate Corporation 401(k) Plan in IL (7,231 participants, $355M 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 730679879.

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.