401(k) · DOL Form 5500 · 2024

Conocophillips Company 401(k) Plan

Data updated 2026-07-24

$6.7B
Total assets
6,596
Participants
100th
Percentile by assets
$1.0M
Avg per participant
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Official DOL plan name: Conocophillips Savings Plan · Sponsored by Conocophillips Company · Texas · Mining & Oil Extraction

$6.7B in assets, 6,596 participants

Conocophillips Company's Conocophillips Savings Plan reported $6.7B in total assets and 6,596 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

Conocophillips Savings Plan covers 6,596 participants in Texas, 9.4x the typical Texas plan (state average ~704 per filing). Assets: $6.7B.

$6.7B
total plan assets (2024 EOY)
6,596
covered participants
100th
percentile by assets (of 116,472 plans)
$1.0M
avg assets per participant

The plan reported a net loss of $42M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Conocophillips Savings Plan reported net income fell from $289M in the plan year 2023 filing to -$42M in the plan year 2024 filing.
  • Conocophillips Savings Plan reported participants rose from 6,260 in the plan year 2023 filing to 6,596 in the plan year 2024 filing.
  • Conocophillips Savings Plan end-of-year assets fell from $6.8B in the plan year 2023 filing to $6.7B in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Texas filers

In Texas, the average filing covers about 704 participants across 9,718 plans. Conocophillips Savings Plan reports 6,596 participants - 9.4x that state average ($6.7B EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)$6.8B
Net Assets (End of Year)$6.7B
Net Income-$42M
Employer EIN730400345
Plan Effective Date1988-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Conocophillips Company)

$7.6B$7.8B$8B$8.2B 202220232024 $7.73B $8.13B ▲ +5.2%
Total plan assets by year, all Conocophillips Company plans on file
Year Plans Participants Total Assets
2022 2 9,332 $7.7B
2023 2 10,158 $8.1B
2024 2 10,342 $8.1B

Nearby 401(k) Plans in Texas

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Conocophillips Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Conocophillips Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. 050000100000150000 01020304050 Total assets ($B) Participants Conocophillips Savin…AT&T Retirement Savi…Exxonmobil Savings P…Chevron Employee Sav…Caterpillar 401(k) S…Southwest Airlines C…
Conocophillips Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Conocophillips Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Conocophillips Savings Plan assets move in 2024?
Conocophillips Savings Plan held essentially flat - down 0.7% during 2024, from $6.8B to $6.7B. Reported net income was -$42M.
How have Conocophillips Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Conocophillips Company's sponsor-wide assets grew 5.3%, from $7.7B to $8.1B.
Where does Conocophillips Savings Plan rank by assets among Form 5500 filers?
Conocophillips Savings Plan ranks in the 100th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Conocophillips Savings Plan?
Among 401(k) plans in other states, the closest by assets is Aon Savings Plan in GA ($6.7B, 13,974 participants).

Filing takeaways

Ways to act on Conocophillips Savings Plan's numbers.

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 730400345.

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