Defined Benefit (Pension) · DOL Form 5500 · 2024
Aramco Shared Benefits Company Pension Plan
Data updated 2026-08-06
- $1.8B
- Total assets
- 1,552
- Participants
- 99th
- Percentile by assets
- $1.2M
- Avg per participant
Official DOL plan name: Aramco U.S. Retirement Income Plan · Sponsored by Aramco Shared Benefits Company · Texas · Mining & Oil Extraction
$1.8B in assets, 1,552 participants
Aramco Shared Benefits Company's Aramco U.S. Retirement Income Plan reported $1.8B in total assets and 1,552 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.
- 99th percentile by assets (of 116,472 plans)
- #760 in Mining & Oil Extraction (768 peers)
Coverage in Texas
Aramco U.S. Retirement Income Plan covers 1,552 participants in Texas, 2.2x the typical Texas plan (state average ~704 per filing). Assets: $1.8B.
- $1.8B
- total plan assets (2024 EOY)
- 1,552
- covered participants
- 99th
- percentile by assets (of 116,472 plans)
- $1.2M
- avg assets per participant
The plan reported a net loss of $151M 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
- Aramco U.S. Retirement Income Plan reported net income fell from $63M in the plan year 2023 filing to -$151M in the plan year 2024 filing.
- Aramco U.S. Retirement Income Plan reported participants fell from 1,618 in the plan year 2023 filing to 1,552 in the plan year 2024 filing.
- Aramco U.S. Retirement Income Plan end-of-year assets fell from $1.9B in the plan year 2023 filing to $1.8B in the plan year 2024 filing.
Participants vs Texas filers
In Texas, the average filing covers about 704 participants across 9,718 plans. Aramco U.S. Retirement Income Plan reports 1,552 participants - 2.2x that state average ($1.8B EOY assets).
Texas filing particulars
| Total Assets (Beginning of Year) | $1.9B |
|---|---|
| Net Assets (End of Year) | $1.5B |
| Net Income | -$151M |
| Employer EIN | 844364434 |
| Plan Effective Date | 1950-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Aramco Shared Benefits Company)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 3,557 | $4.4B |
| 2023 | 2 | 3,352 | $4.6B |
| 2024 | 2 | 3,417 | $4.7B |
Nearby Defined Benefit (Pension) Plans in Texas
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Aramco U.S. Retirement Income 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
- Shell Pension Plan $9.7B · 12,688
- Caterpillar Inc. Retirement Income Plan $9.2B · 11,498
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Aramco U.S. Retirement Income Plan by total assets, not by location.
- North Central States Regional Council of Carpenters Pension Fund (WI) $1.8B · 5,105
- Disney Associated Companies' Retirement Plan (CA) $1.8B · 26,140
- Legacy Plan of the National Retirement Fund (NY) $1.9B · 10,704
- Indiana Laborers Pension Fund (IN) $1.8B · 11,039
Frequently Asked Questions
How did Aramco U.S. Retirement Income Plan assets move in 2024? ▼
How have Aramco Shared Benefits Company plan assets changed over time? ▼
Where does Aramco U.S. Retirement Income Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Aramco U.S. Retirement Income Plan? ▼
Next read for Aramco U.S. Retirement Income Plan
Filing takeaways
Ways to act on Aramco U.S. Retirement Income Plan's numbers.
- By total assets, Aramco U.S. Retirement Income 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
- Aramco Shared Benefits Company's sponsor-wide assets have grown 7.9% since 2022 across 3 plan years on file. More Mining & Oil Extraction plans