401(k) · DOL Form 5500 · 2023
Helmerich & Payne, Inc. 401(k) Plan
Data updated 2026-08-11
- $746M
- Total assets
- 7,230
- Participants
- 98th
- Percentile by assets
- $103,239
- Avg per participant
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.
- 98th percentile by assets (of 127,072 plans)
- #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.
- $746M
- total plan assets (2023 EOY)
- 7,230
- covered participants
- 98th
- percentile by assets (of 127,072 plans)
- $103,239
- avg assets per participant
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.
Participants vs Oklahoma filers
In Oklahoma, the average filing covers about 760 participants across 1,268 plans. The Helmerich & Payne, Inc. 401(k)/Thrift Plan reports 7,230 participants - 9.5x that state average ($746M EOY assets).
Oklahoma filing particulars
| Total Assets (Beginning of Year) | $622M |
|---|---|
| Net Assets (End of Year) | $746M |
| Net Income | $124M |
| Employer EIN | 730679879 |
| Plan Effective Date | 1974-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Helmerich & Payne, Inc.)
| 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
- Quiktrip Corporation Retirement Plan $4.2B · 11,746
- The Williams Investment Plus Plan $1.7B · 5,041
- Oneok, Inc. 401(k) Plan $1.2B · 2,965
- Bok Financial 401(k) Plan $1.0B · 4,766
- Devon Energy Corporation Incentive Savings Plan $933M · 1,858
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 (401(k), $844M, 6,288 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to The Helmerich & Payne, Inc. 401(k)/Thrift Plan by total assets, not by location.
- Engage Peo Retirement Savings Plan (FL) $747M · 21,204
- Transocean U.S. Savings Plan () $747M · 2,090
- Taft Stettinius & Hollister LLP Thrift Savings & Retirement Plan (OH) $746M · 1,216
- Dematic Corp. 401(k) Retirement Plan (MI) $747M · 4,357
Frequently Asked Questions
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Filing takeaways
Ways to act on The Helmerich & Payne, Inc. 401(k)/Thrift Plan's numbers.
- By total assets, The Helmerich & Payne, Inc. 401(k)/Thrift Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Oklahoma. Compare plans
- Helmerich & Payne, Inc.'s sponsor-wide assets have grown 32.8% since 2022 across 3 plan years on file. More Mining & Oil Extraction plans