Defined Benefit (Pension)
2023 plan-year Defined Benefit (Pension) DOL Form 5500

Helmerich & Payne, Inc. Employees Retirement Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Helmerich & Payne · Oklahoma · Mining & Oil Extraction

What the 2023 filing shows

Helmerich & Payne, Inc. Employees Retirement Plan holds $54M for 321 participants — about $167,359 per participant, up 7.6% over the 2023 plan year.

$54M
total plan assets (2023 EOY)
321
covered participants
$167,359
avg assets per participant
+7.6%
assets growth YoY
Total Assets (2023)
$54M
Participants
321
State
Industry
Mining & Oil Extraction

What the Filing Says About Helmerich & Payne, Inc. Employees Retirement Plan

Helmerich & Payne, Inc. Employees Retirement Plan is a Defined Benefit (Pension) retirement plan sponsored by Helmerich & Payne, headquartered in Oklahoma. As of the 2023 Form 5500 filing, the plan reports $54M in total end-of-year assets and covers 321 participants across the Mining & Oil Extraction industry. The sponsor's EIN on file with the U.S. Department of Labor is 730679879, and the plan has been effective since 1943-10-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $50M at the beginning of 2023 to $54M at year-end — a gain of 7.6%. Net assets (after liabilities) closed the year at $54M, with reported net income of $4M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

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

Sponsor Plan History (Helmerich & Payne)

Year Plans Participants Total Assets
2022 2 6,526 $672M
2023 2 7,551 $800M
2024 1 6,288 $844M

Nearby Defined Benefit (Pension) Plans in Oklahoma

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Frequently Asked Questions

How much money is in the Helmerich & Payne, Inc. Employees Retirement Plan?
As of the 2023 Form 5500 filing, Helmerich & Payne, Inc. Employees Retirement Plan holds $54M in total assets with 321 participants. It is sponsored by Helmerich & Payne.
What type of plan is Helmerich & Payne, Inc. Employees Retirement Plan?
Helmerich & Payne, Inc. Employees Retirement Plan is a Defined Benefit (Pension) plan. It has been effective since 1943-10-01. The plan is filed with the U.S. Department of Labor under EIN 730679879.
Who sponsors the Helmerich & Payne, Inc. Employees Retirement Plan?
Helmerich & Payne, Inc. Employees Retirement Plan is sponsored by Helmerich & Payne, located in Oklahoma. The sponsor's EIN is 730679879 and the plan operates in the Mining & Oil Extraction industry.
How did Helmerich & Payne, Inc. Employees Retirement Plan perform in 2023?
Helmerich & Payne, Inc. Employees Retirement Plan grew by 7.6% during 2023, moving from $50M to $54M in total assets. Net income was $4M.
Where can I find official filings for Helmerich & Payne, Inc. Employees Retirement Plan?
Official Form 5500 filings for Helmerich & Payne, Inc. Employees Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 730679879 or plan name at efast.dol.gov.
How does Helmerich & Payne, Inc. Employees Retirement Plan compare to other plans?
You can compare Helmerich & Payne, Inc. Employees Retirement Plan against other Defined Benefit (Pension) plans on the plan type page, or view plans in Oklahoma on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.