Defined Benefit (Pension) · DOL Form 5500 · 2024

Shell USA, Inc. Pension Plan

Data updated 2026-08-25

$9.7B
Total assets Very large vs avg
12,688
Participants Very large workforce
100th
Percentile by assets National rank
$764,044
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

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.

  • #17,716 in Manufacturing (17,777 peers)

Coverage in Texas

Shell Pension Plan covers 12,688 participants in Texas, 18x the typical Texas plan (state average ~688 per filing). Assets: $9.7B.

#17,716
in Manufacturing (17,777 peers)
-35.9%
assets change YoY
97×
vs typical plan assets (national mean)

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.

Shell Pension Plan's outsized position by total assets

Shell Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$9,694,184,685 Highest reported value at or above every one of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Shell Pension 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. Shell Pension Plan is a mega filing (12,688 participants), the rightmost band on the breakdown.

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.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 131299890 · Shell USA, Inc. PY 2024 · Defined Benefit (Pension)

Shell Pension Plan · $9.7B · 12,688 · 100th

  • BOOK $9.7B
  • VS-ST 12,688
  • BOY 100th
  • SCH Defined Benefit (Pension)
  • EBSA near Pfizer Consolidated Pension Plan
  • PART ind #17716

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 →

Shell Pension Plan in the asset neighbourhood

Merck US Pension Plan$10.1BThe Citigroup Pension Plan$10.0BPfizer Consolidated Pension PlanPfizer Consolidated Pension …$10.0BShell Pension Plan$9.7BUPS Pension Plan$9.3B
End-of-year total assets ($B) among Shell Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Texas filing particulars

Total Assets (Beginning of Year)$15.1B
Net Assets (End of Year)$9.6B
Net Income-$5.5B
Employer EIN131299890
Plan Effective Date1938-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Shell USA, Inc.)

Sponsor-wide plan assets over time

All Shell USA, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$21.2B 12.151528016037503% vs 2022
2024 filing year
$20B$22B$24B$26B$28B 202220232024 $24.2B $21.2B ▼ -12.1%
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 Scatter plot of 6 data points. 020000400006000080000100000120000 0102030 Total assets ($B) Participants Shell Pension Plan, Total assets ($B): 9.694184685 · Participants: 12688Shell Pension PlanAT&T Pension Benefit Plan, Total assets ($B): 28.265893 · Participants: 100400AT&T Pension Benefit PlanExxonmobil Pension Plan, Total assets ($B): 12.095 · Participants: 22000Exxonmobil Pension PlanChevron Retirement Plan, Total assets ($B): 9.731784707 · Participants: 21297Chevron Retirement PlanCaterpillar Inc. Retirement Income Plan, Total assets ($B): 9.1940497 · Participants: 11498Caterpillar Inc. Retirement Income PlanBp Retirement Accumulation Plan, Total assets ($B): 5.275743737 · Participants: 9651Bp Retirement Accumulation Plan
Shell Pension Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants
Compare Shell Pension Plan side-by-side with 3 peers →

Scale composition for Shell Pension Plan

Shell Pension Plan reports $9.7B in end-of-year assets across 12,688 participants (0.079% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.014% of 93,925,755 covered participants) - about $764,044 per participant (5.5x the national average assets-per-participant) . Net income for plan year 2024 was -$5.5B.

This plan identity (EIN 131299890, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $14.6B to $9.7B (-33.8%) while covered participants moved from 12,912 to 12,688 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 12,912 $14.6B Open filing
2023 12,215 $15.1B Open filing
2024 · index core 12,688 $9.7B This page

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Shell Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Texas, the nearest Defined Benefit (Pension) by assets is Pfizer Consolidated Pension Plan in NY ($10.0B); by covered participants it is Northrop Grumman Pension Plan in VA (12,678 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($9.7B here).

Similar participant headcount

Nearest other-state filings by covered participants (12,688 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Shell Pension Plan assets move in 2024? ▼
Shell Pension Plan contracted severely - down 35.9% during 2024, from $15.1B to $9.7B. Reported net income was -$5.5B.
How have Shell USA, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Shell USA, Inc.'s sponsor-wide assets declined 12.2%, from $24.2B to $21.2B.
Where does Shell Pension Plan rank by assets among Form 5500 filers? ▼
Shell Pension Plan ranks in the 100th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Shell Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Pfizer Consolidated Pension Plan in NY ($10.0B, 8,876 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Shell Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Northrop Grumman Pension Plan in VA (12,678 participants, $18.8B in assets).

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.

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