Defined Benefit (Pension) · DOL Form 5500 · 2024

Hess Corporation Pension Plan

Data updated 2026-08-25

$1.9B
Total assets Very large vs avg
1,414
Participants Near avg headcount
99th
Percentile by assets National rank
$1.3M
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Hess Corporation Employees' Pension Plan · Sponsored by Hess Corporation · Texas · Manufacturing

$1.9B in assets, 1,414 participants

Hess Corporation's Hess Corporation Employees' Pension Plan reported $1.9B in total assets and 1,414 participants in its 2024 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.

  • #17,507 in Manufacturing (17,777 peers)

Coverage in Texas

Hess Corporation Employees' Pension Plan covers 1,414 participants in Texas, 2.1x the typical Texas plan (state average ~688 per filing). Assets: $1.9B.

#17,507
in Manufacturing (17,777 peers)
-1.3%
assets change YoY
19×
vs typical plan assets (national mean)

The plan reported a net loss of $18M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Hess Corporation Employees' Pension Plan's outsized position by total assets

Hess Corporation Employees' Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$1,873,179,949 Top 1% higher than 99% of 123,620 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 2024

Hess Corporation Employees' Pension Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hess Corporation Employees' Pension Plan lands in the large band (1,414 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Hess Corporation Employees' Pension Plan reported net income rose from -$40M in the plan year 2023 filing to -$18M in the plan year 2024 filing.
  • Hess Corporation Employees' Pension Plan reported participants rose from 1,324 in the plan year 2023 filing to 1,414 in the plan year 2024 filing.
  • Hess Corporation Employees' Pension Plan end-of-year assets fell from $1.9B in the plan year 2023 filing to $1.9B in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 134921002 · Hess Corporation PY 2024 · Defined Benefit (Pension)

Hess Corporation Employees' Pension Plan · $1.9B · 1,414 · 99th

  • ASSETS $1.9B
  • ASSETS 1,414
  • ASSETS 99th
  • ASSETS Defined Benefit (Pension)
  • ASSETS near Macys Inc Cash Account Pension Plan
  • ASSETS ind #17507

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 →

Hess Corporation Employees' Pension Plan in the asset neighbourhood

Macys Inc Cash Account Pension PlanMacys Inc Cash Account Pensi…$1.9BPension Plan of the Pacific Northwest Laboratories Battelle Memorial InstitutePension Plan of the Pacific …$1.9BHess Corporation Employees' Pension PlanHess Corporation Employees' …$1.9BPepco Holdings LLC Retirement PlanPepco Holdings LLC Retiremen…$1.9BKpmg Partner Pension Plan$1.9B
End-of-year total assets ($B) among Hess Corporation Employees' Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Texas filing particulars

Total Assets (Beginning of Year)$1.9B
Net Assets (End of Year)$1.9B
Net Income-$18M
Employer EIN134921002
Plan Effective Date1972-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hess Corporation)

Sponsor-wide plan assets over time

All Hess Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$3.0B 4.792069519831085% vs 2022
2024 filing year
$2.8B$2.85B$2.9B$2.95B$3B$3.05B 202220232024 $2.86B $3B ▲ +4.9%
Year Plans Participants Total Assets
2022 3 2,731 $2.9B
2023 2 2,811 $2.9B
2024 2 3,021 $3.0B

Nearby Defined Benefit (Pension) Plans in Texas

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

Hess Corporation Employees' Pension Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 0102030 Total assets ($B) Participants Hess Corporation Employees' Pension Plan, Total assets ($B): 1.873179949 · Participants: 1414Hess Corporation Employees' Pension PlanAT&T Pension Benefit Plan, Total assets ($B): 28.265893 · Participants: 100400AT&T Pension Benefit PlanExxonmobil Pension Plan, Total assets ($B): 12.095 · Participants: 22000Exxonmobil Pension PlanChevron Retirement Plan, Total assets ($B): 9.731784707 · Participants: 21297Chevron Retirement PlanShell Pension Plan, Total assets ($B): 9.694184685 · Participants: 12688Shell Pension PlanCaterpillar Inc. Retirement Income Plan, Total assets ($B): 9.1940497 · Participants: 11498Caterpillar Inc. Retirement Income Plan
Hess Corporation Employees' Pension Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants
Compare Hess Corporation Employees' Pension Plan side-by-side with 3 peers →

Hess Corporation Employees' Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Texas, the nearest Defined Benefit (Pension) by assets is Macys Inc Cash Account Pension Plan in OH ($1.9B); by covered participants it is Summa Health Retirement Income Plan and Trust in OH (1,418 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.9B here).

Similar participant headcount

Nearest other-state filings by covered participants (1,414 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Hess Corporation Employees' Pension Plan assets move in 2024? ▼
Hess Corporation Employees' Pension Plan edged down modestly - down 1.3% during 2024, from $1.9B to $1.9B. Reported net income was -$18M.
How have Hess Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hess Corporation's sponsor-wide assets grew 4.8%, from $2.9B to $3.0B.
Where does Hess Corporation Employees' Pension Plan rank by assets among Form 5500 filers? ▼
Hess Corporation Employees' Pension Plan ranks in the 99th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Hess Corporation Employees' Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Macys Inc Cash Account Pension Plan in OH ($1.9B, 17,160 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Hess Corporation Employees' Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Summa Health Retirement Income Plan and Trust in OH (1,418 participants, $184M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 134921002.

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.