Defined Benefit (Pension) · DOL Form 5500 · 2023

Aramco Shared Benefits Company Pension Plan

Data updated 2026-08-11

$1.9B
Total assets
1,618
Participants
99th
Percentile by assets
$1.2M
Avg per participant
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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.

  • 99th percentile by assets (of 127,072 plans)
  • #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.

$1.9B
total plan assets (2023 EOY)
1,618
covered participants
99th
percentile by assets (of 127,072 plans)
$1.2M
avg assets per participant

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 2023→2024 release diff →

State
Texas
Industry
Mining & Oil Extraction

Participants vs Texas filers

In Texas, the average filing covers about 688 participants across 10,116 plans. Aramco U.S. Retirement Income Plan reports 1,618 participants - 2.4x that state average ($1.9B EOY assets).

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)

$4.2B$4.4B$4.6B$4.8B 202220232024 $4.38B $4.72B ▲ +7.8%
Total plan assets by year, all Aramco Shared Benefits Company plans on file
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

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. Retireme…AT&T Pension Benefit…Shell Pension PlanExxonmobil Pension P…Caterpillar Inc. Ret…Bp Retirement Accumu…
Aramco U.S. Retirement Income Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants
Compare Aramco U.S. Retirement Income Plan side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Aramco U.S. Retirement Income Plan by total assets, not by location.

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).

Next read for Aramco U.S. Retirement Income Plan

Filing takeaways

Ways to act on Aramco U.S. Retirement Income Plan's numbers.

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 844364434.

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.