401(k) · DOL Form 5500 · 2024
Phillips 66 Company 401(k) Plan
Data updated 2026-08-06
- $7.7B
- Total assets
- 12,476
- Participants
- 100th
- Percentile by assets
- $615,162
- Avg per participant
Official DOL plan name: Phillips 66 Savings Plan · Sponsored by Phillips 66 Company · Texas · Manufacturing
$7.7B in assets, 12,476 participants
Phillips 66 Company's Phillips 66 Savings Plan reported $7.7B in total assets and 12,476 participants in its 2024 DOL Form 5500 filing, ranking in the 100th 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.
- 100th percentile by assets (of 116,472 plans)
Coverage in Texas
Phillips 66 Savings Plan covers 12,476 participants in Texas, 18x the typical Texas plan (state average ~704 per filing). Assets: $7.7B.
- $7.7B
- total plan assets (2024 EOY)
- 12,476
- covered participants
- 100th
- percentile by assets (of 116,472 plans)
- $615,162
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Phillips 66 Savings Plan reported net income fell from $831M in the plan year 2023 filing to $84M in the plan year 2024 filing.
- Phillips 66 Savings Plan reported participants rose from 10,970 in the plan year 2023 filing to 12,476 in the plan year 2024 filing.
- Phillips 66 Savings Plan end-of-year assets rose from $7.6B in the plan year 2023 filing to $7.7B in the plan year 2024 filing.
Participants vs Texas filers
In Texas, the average filing covers about 704 participants across 9,718 plans. Phillips 66 Savings Plan reports 12,476 participants - 18x that state average ($7.7B EOY assets).
Texas filing particulars
| Total Assets (Beginning of Year) | $7.6B |
|---|---|
| Net Assets (End of Year) | $7.7B |
| Net Income | $84M |
| Employer EIN | 371652702 |
| Plan Effective Date | 2012-05-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Phillips 66 Company)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 4 | 27,230 | $8.8B |
| 2023 | 2 | 21,316 | $9.7B |
| 2024 | 2 | 24,185 | $9.9B |
Nearby 401(k) Plans in Texas
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Phillips 66 Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants
- AT&T Retirement Savings Plan $43.1B · 109,889
- Exxonmobil Savings Plan $23.7B · 21,990
- Chevron Employee Savings Investment Plan $20.4B · 21,505
- Caterpillar 401(k) Savings Plan $18.8B · 43,873
- Southwest Airlines Co. Retirement Savings Plan $17.0B · 67,820
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Phillips 66 Savings Plan by total assets, not by location.
- Hdr, Inc. Best Plan and ESOP (NE) $7.7B · 11,460
- Humana Retirement Savings Plan (KY) $7.7B · 45,706
- Massachusetts Institute of Technology Supplemental 401(k) Plan (MA) $7.7B · 14,762
- Amgen Retirement and Savings Plan (CA) $7.7B · 12,355
Frequently Asked Questions
How did Phillips 66 Savings Plan assets move in 2024? ▼
How have Phillips 66 Company plan assets changed over time? ▼
Where does Phillips 66 Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Phillips 66 Savings Plan? ▼
Next read for Phillips 66 Savings Plan
Filing takeaways
Ways to act on Phillips 66 Savings Plan's numbers.
- By total assets, Phillips 66 Savings Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Texas. Compare plans
- Phillips 66 Company's sponsor-wide assets have grown 11.7% since 2022 across 3 plan years on file. More Manufacturing plans
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 371652702.
Read our methodology - how this data is sourced, computed, and verified.