Defined Benefit (Pension) · DOL Form 5500 · 2023

Placid Refining Company LLC Pension Plan

Data updated 2026-08-25

$103M
Total assets Near avg plan size
197
Participants Below avg headcount
91st
Percentile by assets National rank
$522,570
Avg per participant High balance/head
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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.

  • #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.

#16,316
in Manufacturing (18,722 peers)
+19.5%
assets growth YoY
1.0×
vs typical plan assets (national mean)

Placid Refining Company Pension Plan's outsized position by total assets

Placid Refining Company Pension Plan vs every filed plan by assets

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

$102,946,218 Top 9% higher than 91% 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

Placid Refining Company 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. Placid Refining Company Pension Plan sits mid-pack in the medium band (197 participants).

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.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 752793350 · Placid Refining Company LLC PY 2023 · Defined Benefit (Pension)

Placid Refining Company Pension Plan · $103M · 197 · 91st

  • TYPE $103M
  • NET 197
  • BOOK 91st
  • VS-ST Defined Benefit (Pension)
  • BOY near Delta Air Lines, Inc. Market Based Cash Balance Plan
  • SCH ind #16316

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 →

Placid Refining Company Pension Plan in the asset neighbourhood

Federation Employees' Retirement Income PlanFederation Employees' Retire…$103MUnited Refining Company Consolidated Pension PlanUnited Refining Company Cons…$103MPlacid Refining Company Pension PlanPlacid Refining Company Pens…$103MDelta Air Lines, Inc. Market Based Cash Balance PlanDelta Air Lines, Inc. Market…$103MZoological Society of San Diego Restated Pension Plan for Union EmployeesZoological Society of San Di…$103M
End-of-year total assets ($M) among Placid Refining Company Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Texas filing particulars

Total Assets (Beginning of Year)$86M
Net Assets (End of Year)$103M
Net Income$17M
Employer EIN752793350
Plan Effective Date1985-12-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Placid Refining Company LLC)

Sponsor-wide plan assets over time

All Placid Refining Company LLC plans reported in each filing year

Latest sponsor-wide plan assets
$107M 24.243213958701933% vs 2022
2024 filing year
$80M$90M$100M$110M 202220232024 $86.1M $107M ▲ +24.2%
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 Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Placid Refining Company Pension Plan, Total assets ($B): 0.102946218 · Participants: 197Placid Refining Company 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
Placid Refining Company Pension Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants
Compare Placid Refining Company Pension Plan side-by-side with 3 peers →

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

Outside Texas, the nearest Defined Benefit (Pension) by assets is Delta Air Lines, Inc. Market Based Cash Balance Plan in GA ($103M); by covered participants it is New York Independent System Operator Pension Plan in NY (197 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (197 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 Placid Refining Company Pension Plan assets move in 2023? ▼
Placid Refining Company Pension Plan grew sharply - up 19.5% during 2023, from $86M to $103M. Reported net income was $17M.
How have Placid Refining Company LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Placid Refining Company LLC's sponsor-wide assets grew 24.2%, from $86M to $107M.
Where does Placid Refining Company Pension Plan rank by assets among Form 5500 filers? ▼
Placid Refining Company Pension Plan ranks in the 91st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Placid Refining Company Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Delta Air Lines, Inc. Market Based Cash Balance Plan in GA ($103M, 13,044 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Placid Refining Company Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is New York Independent System Operator Pension Plan in NY (197 participants, $23M 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 752793350.

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.