Defined Benefit (Pension) · DOL Form 5500 · 2023

Aramco Shared Benefits Company Pension Plan

Data updated 2026-08-25

$1.9B
Total assets Very large vs avg
1,618
Participants Near avg headcount
99th
Percentile by assets National rank
$1.2M
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Aramco U.S. Retirement Income Plan · Sponsored by Aramco Shared Benefits Company · Texas · Mining & Oil Extraction

$1.9B in assets, 1,618 participants

Aramco Shared Benefits Company's Aramco U.S. Retirement Income Plan reported $1.9B in total assets and 1,618 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

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

Coverage in Texas

Aramco U.S. Retirement Income Plan covers 1,618 participants in Texas, 2.4x the typical Texas plan (state average ~688 per filing). Assets: $1.9B.

#802
in Mining & Oil Extraction (811 peers)
+6.8%
assets growth YoY
19×
vs typical plan assets (national mean)

Aramco U.S. Retirement Income Plan's outsized position by total assets

Aramco U.S. Retirement Income Plan vs every filed plan by assets

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

$1,901,533,000 Top 1% higher than 99% 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

Aramco U.S. Retirement Income 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. Aramco U.S. Retirement Income Plan lands in the large band (1,618 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Aramco U.S. Retirement Income Plan reported net income rose from -$482M in the plan year 2022 filing to $63M in the plan year 2023 filing.
  • Aramco U.S. Retirement Income Plan reported participants fell from 1,745 in the plan year 2022 filing to 1,618 in the plan year 2023 filing.
  • Aramco U.S. Retirement Income Plan end-of-year assets rose from $1.8B in the plan year 2022 filing to $1.9B in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 844364434 · Aramco Shared Benefits Company PY 2023 · Defined Benefit (Pension)

Aramco U.S. Retirement Income Plan · $1.9B · 1,618 · 99th

  • 5500 $1.9B
  • 5500 1,618
  • 5500 99th
  • 5500 Defined Benefit (Pension)
  • 5500 near Seafarers Pension Plan
  • 5500 ind #802

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 Texas →

Aramco U.S. Retirement Income Plan in the asset neighbourhood

Retirement Plan for Employees of Hawaiian Electric Industries, Inc. and Participating SubsidiariesRetirement Plan for Employee…$1.9BHarley-Davidson Retirement PlanHarley-Davidson Retirement P…$1.9BAramco U.S. Retirement Income PlanAramco U.S. Retirement Incom…$1.9BSeafarers Pension Plan$1.9BElectrical Workers Pension Plan Local 103 I.B.E.W.Electrical Workers Pension P…$1.9B
End-of-year total assets ($B) among Aramco U.S. Retirement Income Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Texas filing particulars

Total Assets (Beginning of Year)$1.8B
Net Assets (End of Year)$1.7B
Net Income$63M
Employer EIN844364434
Plan Effective Date1950-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Aramco Shared Benefits Company)

Sponsor-wide plan assets over time

All Aramco Shared Benefits Company plans reported in each filing year

Latest sponsor-wide plan assets
$4.7B 7.930909963546606% vs 2022
2024 filing year
$4.2B$4.4B$4.6B$4.8B 202220232024 $4.38B $4.72B ▲ +7.8%
Year Plans Participants Total Assets
2022 2 3,557 $4.4B
2023 2 3,352 $4.6B
2024 2 3,417 $4.7B

Nearby Defined Benefit (Pension) Plans in Texas

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Aramco U.S. Retirement Income Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 010203040 Total assets ($B) Participants Aramco U.S. Retirement Income Plan, Total assets ($B): 1.901533 · Participants: 1618Aramco U.S. Retirement Income 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
Aramco U.S. Retirement Income Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants

Aramco U.S. Retirement Income Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Texas, the nearest Defined Benefit (Pension) by assets is Seafarers Pension Plan in MD ($1.9B); by covered participants it is United California Bank Retirement Plan in IL (1,616 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,618 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 Aramco U.S. Retirement Income Plan assets move in 2023? ▼
Aramco U.S. Retirement Income Plan grew at a solid clip - up 6.8% during 2023, from $1.8B to $1.9B. Reported net income was $63M.
How have Aramco Shared Benefits Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Aramco Shared Benefits Company's sponsor-wide assets grew 7.9%, from $4.4B to $4.7B.
Where does Aramco U.S. Retirement Income Plan rank by assets among Form 5500 filers? ▼
Aramco U.S. Retirement Income Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Aramco U.S. Retirement Income Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Seafarers Pension Plan in MD ($1.9B, 7,093 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Aramco U.S. Retirement Income Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is United California Bank Retirement Plan in IL (1,616 participants, N/A in assets).