Defined Benefit (Pension) · DOL Form 5500 · 2024
Shell USA, Inc. Pension Plan
Data updated 2026-07-24
- $9.7B
- Total assets
- 12,688
- Participants
- 100th
- Percentile by assets
- $764,044
- Avg per participant
Official DOL plan name: Shell Pension Plan · Sponsored by Shell USA, Inc. · Texas · Manufacturing
$9.7B in assets, 12,688 participants
Shell USA, Inc.'s Shell Pension Plan reported $9.7B in total assets and 12,688 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
Shell Pension Plan covers 12,688 participants in Texas, 18x the typical Texas plan (state average ~704 per filing). Assets: $9.7B.
- $9.7B
- total plan assets (2024 EOY)
- 12,688
- covered participants
- 100th
- percentile by assets (of 116,472 plans)
- $764,044
- avg assets per participant
The plan reported a net loss of $5.5B 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
- Shell Pension Plan reported net income fell from $566M in the plan year 2023 filing to -$5.5B in the plan year 2024 filing.
- Shell Pension Plan end-of-year assets fell from $15.1B in the plan year 2023 filing to $9.7B in the plan year 2024 filing.
- Shell Pension Plan reported participants rose from 12,215 in the plan year 2023 filing to 12,688 in the plan year 2024 filing.
Participants vs Texas filers
In Texas, the average filing covers about 704 participants across 9,718 plans. Shell Pension Plan reports 12,688 participants - 18x that state average ($9.7B EOY assets).
Texas filing particulars
| Total Assets (Beginning of Year) | $15.1B |
|---|---|
| Net Assets (End of Year) | $9.6B |
| Net Income | -$5.5B |
| Employer EIN | 131299890 |
| Plan Effective Date | 1938-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Shell USA, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 25,860 | $24.2B |
| 2023 | 2 | 24,445 | $25.9B |
| 2024 | 2 | 25,406 | $21.2B |
Nearby Defined Benefit (Pension) Plans in Texas
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Shell Pension Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants
- AT&T Pension Benefit Plan $28.3B · 100,400
- Exxonmobil Pension Plan $12.1B · 22,000
- Chevron Retirement Plan $9.7B · 21,297
- Caterpillar Inc. Retirement Income Plan $9.2B · 11,498
- Bp Retirement Accumulation Plan $5.3B · 9,651
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Shell Pension Plan by total assets, not by location.
- Pfizer Consolidated Pension Plan (NY) $10.0B · 8,876
- The Citigroup Pension Plan (CT) $10.0B · 15,906
- Merck US Pension Plan (NJ) $10.1B · 26,843
- UPS Pension Plan (GA) $9.3B · 157,587
Frequently Asked Questions
How did Shell Pension Plan assets move in 2024? ▼
How have Shell USA, Inc. plan assets changed over time? ▼
Where does Shell Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Shell Pension Plan? ▼
Next read for Shell Pension Plan
Filing takeaways
Ways to act on Shell Pension Plan's numbers.
- By total assets, Shell Pension Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Texas. Compare plans
- Shell USA, Inc.'s sponsor-wide assets have declined 12.2% 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 131299890.
Read our methodology - how this data is sourced, computed, and verified.