401(k) · DOL Form 5500 · 2024
Phillips 66 Company 401(k) Plan
Data updated 2026-08-25
- $7.7B
- Total assets Very large vs avg
- 12,476
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $615,162
- Avg per participant High balance/head
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.
- #17,694 in Manufacturing (17,777 peers)
Coverage in Texas
Phillips 66 Savings Plan covers 12,476 participants in Texas, 18x the typical Texas plan (state average ~688 per filing). Assets: $7.7B.
- #17,694
- in Manufacturing (17,777 peers)
- +1.1%
- assets growth YoY
- 77×
- vs typical plan assets (national mean)
Phillips 66 Savings Plan's outsized position by total assets
Phillips 66 Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$7,674,758,862 Highest reported value at or above every one of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Phillips 66 Savings Plan's mega-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Phillips 66 Savings Plan is a mega filing (12,476 participants), the rightmost band on the breakdown.
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.
Published 5500 schedule card
Filing strip 371652702 · Phillips 66 Company PY 2024 · 401(k)
Phillips 66 Savings Plan · $7.7B · 12,476 · 100th
- SCH $7.7B
- EBSA 12,476
- PART 100th
- TYPE 401(k)
- NET near Hdr, Inc. Best Plan and ESOP
- BOOK ind #17694
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 →
Phillips 66 Savings Plan in the asset neighbourhood
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)
Sponsor-wide plan assets over time
All Phillips 66 Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $9.9B 11.677702048578771% vs 2022
- 2024 filing year
| 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.
- 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
Scale composition for Phillips 66 Savings Plan
Phillips 66 Savings Plan reports $7.7B in end-of-year assets across 12,476 participants (0.062% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.013% of 93,925,755 covered participants) - about $615,162 per participant (4.5x the national average assets-per-participant) . Net income for plan year 2024 was $84M.
This plan identity (EIN 371652702, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $6.1B to $7.7B (+26.6%) while covered participants moved from 12,106 to 12,476 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 12,106 | $6.1B | Open filing |
| 2023 | 10,970 | $7.6B | Open filing |
| 2024 · index core | 12,476 | $7.7B | This page |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Phillips 66 Retirement Plan (Defined Benefit (Pension), $2.2B, 11,709 participants)
Phillips 66 Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Texas, the nearest 401(k) by assets is Hdr, Inc. Best Plan and ESOP in NE ($7.7B); by covered participants it is The University of Vermont Medical Center 403(b) Plan in VT (12,486 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($7.7B here).
- 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
Similar participant headcount
Nearest other-state filings by covered participants (12,476 participants); asset peers above are excluded.
- The University of Vermont Medical Center 403(b) Plan (VT) 12,486 · 10 off
- The Quikrete Companies Profit Sharing and Tax Deferred Plan (GA) 12,489 · 13 off
- Saint Luke's Retirement Balance and Matching Plan (MO) 12,441 · 35 off
- Oshkosh Corporation and Affiliates Tax-Deferred Investment Plan (WI) 12,511 · 35 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.