Defined Benefit (Pension) · DOL Form 5500 · 2023
Placid Refining Company LLC Pension Plan
Data updated 2026-08-11
- $103M
- Total assets
- 197
- Participants
- 91st
- Percentile by assets
- $522,570
- Avg per participant
Official DOL plan name: Placid Refining Company Pension Plan · Sponsored by Placid Refining Company LLC · Texas · Manufacturing
$103M in assets, 197 participants
Placid Refining Company LLC's Placid Refining Company Pension Plan reported $103M in total assets and 197 participants in its 2023 DOL Form 5500 filing, ranking in the 91st 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.
- 91st percentile by assets (of 127,072 plans)
- #16,316 in Manufacturing (18,722 peers)
Coverage in Texas
Placid Refining Company Pension Plan covers 197 participants in Texas, about 29% of the average Texas filer (state average ~688 per filing). Assets: $103M.
- $103M
- total plan assets (2023 EOY)
- 197
- covered participants
- 91st
- percentile by assets (of 127,072 plans)
- $522,570
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Placid Refining Company Pension Plan reported net income rose from $3M in the plan year 2022 filing to $17M in the plan year 2023 filing.
- Placid Refining Company Pension Plan end-of-year assets rose from $86M in the plan year 2022 filing to $103M in the plan year 2023 filing.
- Placid Refining Company Pension Plan reported participants fell from 211 in the plan year 2022 filing to 197 in the plan year 2023 filing.
Participants vs Texas filers
In Texas, the average filing covers about 688 participants across 10,116 plans. Placid Refining Company Pension Plan reports 197 participants - about 29% of that state average ($103M EOY assets).
Texas filing particulars
| Total Assets (Beginning of Year) | $86M |
|---|---|
| Net Assets (End of Year) | $103M |
| Net Income | $17M |
| Employer EIN | 752793350 |
| Plan Effective Date | 1985-12-31 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Placid Refining Company LLC)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 211 | $86M |
| 2023 | 1 | 197 | $103M |
| 2024 | 1 | 202 | $107M |
Nearby Defined Benefit (Pension) Plans in Texas
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Placid Refining Company 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
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Placid Refining Company Pension Plan by total assets, not by location.
Frequently Asked Questions
How did Placid Refining Company Pension Plan assets move in 2023? ▼
How have Placid Refining Company LLC plan assets changed over time? ▼
Where does Placid Refining Company Pension Plan rank by assets among Form 5500 filers? ▼
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Next read for Placid Refining Company Pension Plan
Filing takeaways
Ways to act on Placid Refining Company Pension Plan's numbers.
- By total assets, Placid Refining Company Pension Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Texas. Compare plans
- Placid Refining Company LLC's sponsor-wide assets have grown 24.2% since 2022 across 3 plan years on file. More Manufacturing plans