Defined Benefit (Pension) · DOL Form 5500 · 2023

Helmerich & Payne Pension Plan

Data updated 2026-08-25

$54M
Total assets Below avg plan size
321
Participants Below avg headcount
86th
Percentile by assets National rank
$167,359
Avg per participant Above avg balance/head
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Official DOL plan name: Helmerich & Payne, Inc. Employees Retirement Plan · Sponsored by Helmerich & Payne · Oklahoma · Mining & Oil Extraction

$54M in assets, 321 participants

Helmerich & Payne's Helmerich & Payne, Inc. Employees Retirement Plan reported $54M in total assets and 321 participants in its 2023 DOL Form 5500 filing, ranking in the 86th 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.

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

Coverage in Oklahoma

Helmerich & Payne, Inc. Employees Retirement Plan covers 321 participants in Oklahoma, about 42% of the average Oklahoma filer (state average ~760 per filing). Assets: $54M.

#601
in Mining & Oil Extraction (811 peers)
+7.6%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Helmerich & Payne, Inc. Employees Retirement Plan's outsized position by total assets

Helmerich & Payne, Inc. Employees Retirement Plan vs every filed plan by assets

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

$53,722,118 Top 14% higher than 86% 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

Helmerich & Payne, Inc. Employees Retirement 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. Helmerich & Payne, Inc. Employees Retirement Plan sits mid-pack in the medium band (321 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Helmerich & Payne, Inc. Employees Retirement Plan reported net income rose from $3M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Helmerich & Payne, Inc. Employees Retirement Plan end-of-year assets rose from $50M in the plan year 2022 filing to $54M in the plan year 2023 filing.
  • Helmerich & Payne, Inc. Employees Retirement Plan reported participants fell from 340 in the plan year 2022 filing to 321 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 730679879 · Helmerich & Payne PY 2023 · Defined Benefit (Pension)

Helmerich & Payne, Inc. Employees Retirement Plan · $54M · 321 · 86th

  • PCT $54M
  • EIN 321
  • RANK 86th
  • PHOTO Defined Benefit (Pension)
  • IND near Baylor Scott & White Health Consolidated Frozen Benefit Plan
  • EOY ind #601

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 Oklahoma →

Helmerich & Payne, Inc. Employees Retirement Plan in the asset neighbourhood

The Gorman-Rupp Company Retirement PlanThe Gorman-Rupp Company Reti…$54MSouth County Hospital Retirement PlanSouth County Hospital Retire…$54MHelmerich & Payne, Inc. Employees Retirement PlanHelmerich & Payne, Inc. Empl…$54MBaylor Scott & White Health Consolidated Frozen Benefit PlanBaylor Scott & White Health …$54MRetirement Plan for Employees of Aberdeen Proving Ground Federal Credit UnionRetirement Plan for Employee…$54M
End-of-year total assets ($M) among Helmerich & Payne, Inc. Employees Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Oklahoma filing particulars

Total Assets (Beginning of Year)$50M
Net Assets (End of Year)$54M
Net Income$4M
Employer EIN730679879
Plan Effective Date1943-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Helmerich & Payne)

Sponsor-wide plan assets over time

All Helmerich & Payne plans reported in each filing year

Latest sponsor-wide plan assets
$893M 32.84104569468436% vs 2022
2024 filing year
$600M$700M$800M$900M$1,000M 202220232024 $672M $893M ▲ +32.8%
Year Plans Participants Total Assets
2022 2 6,526 $672M
2023 2 7,551 $800M
2024 2 6,582 $893M

Nearby Defined Benefit (Pension) Plans in Oklahoma

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

Helmerich & Payne, Inc. Employees Retirement Plan vs. nearby Defined Benefit (Pension) plans in Oklahoma, assets vs. participants Scatter plot of 6 data points. 01000200030004000 -0.500.511.52 Total assets ($B) Participants Helmerich & Payne, Inc. Employees Retirement Plan, Total assets ($B): 0.053722118 · Participants: 321Helmerich & Payne, Inc. Employees Retirement PlanPipeline Industry Pension Fund, Total assets ($B): 1.550776271 · Participants: 1904Pipeline Industry Pension FundWilliams Pension Plan, Total assets ($B): 1.33243367 · Participants: 3588Williams Pension PlanOne Gas, Inc. Retirement Plan, Total assets ($B): 0.795535 · Participants: 740One Gas, Inc. Retirement PlanRetirement Plan for Employees of Devon Energy Corporation, Total assets ($B): 0.480356058 · Participants: 171Retirement Plan for Employees of Devon Energy CorporationIntegris Health, Inc. Retirement Plan a, Total assets ($B): 0.422772766 · Participants: 1145Integris Health, Inc. Retirement Plan a
Helmerich & Payne, Inc. Employees Retirement Plan vs. nearby Defined Benefit (Pension) plans in Oklahoma, assets vs. participants
Compare Helmerich & Payne, Inc. Employees Retirement Plan side-by-side with 3 peers →

Helmerich & Payne, Inc. Employees Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Oklahoma, the nearest Defined Benefit (Pension) by assets is Baylor Scott & White Health Consolidated Frozen Benefit Plan in TX ($54M); by covered participants it is Retirement Plan for Employees of Intermountain Power Service Corporation in UT (321 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (321 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 Helmerich & Payne, Inc. Employees Retirement Plan assets move in 2023? ▼
Helmerich & Payne, Inc. Employees Retirement Plan grew at a solid clip - up 7.6% during 2023, from $50M to $54M. Reported net income was $4M.
How have Helmerich & Payne plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Helmerich & Payne's sponsor-wide assets grew 32.8%, from $672M to $893M.
Where does Helmerich & Payne, Inc. Employees Retirement Plan rank by assets among Form 5500 filers? ▼
Helmerich & Payne, Inc. Employees Retirement Plan ranks in the 86th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Helmerich & Payne, Inc. Employees Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Baylor Scott & White Health Consolidated Frozen Benefit Plan in TX ($54M, 170 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Helmerich & Payne, Inc. Employees Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Retirement Plan for Employees of Intermountain Power Service Corporation in UT (321 participants, $315M 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 730679879.

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.