Defined Benefit (Pension) · DOL Form 5500 · 2024

Devon Energy Corporation Pension Plan

Data updated 2026-07-24

$435M
Total assets
155
Participants
97th
Percentile by assets
$2.8M
Avg per participant
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Official DOL plan name: Retirement Plan for Employees of Devon Energy Corporation · Sponsored by Devon Energy Corporation · Oklahoma · Mining & Oil Extraction

$435M in assets, 155 participants

Devon Energy Corporation's Retirement Plan for Employees of Devon Energy Corporation reported $435M in total assets and 155 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 116,472 plans)

Coverage in Oklahoma

Retirement Plan for Employees of Devon Energy Corporation covers 155 participants in Oklahoma, about 20% of the average Oklahoma filer (state average ~780 per filing). Assets: $435M.

$435M
total plan assets (2024 EOY)
155
covered participants
97th
percentile by assets (of 116,472 plans)
$2.8M
avg assets per participant

The plan reported a net loss of $41M 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

  • Retirement Plan for Employees of Devon Energy Corporation reported net income fell from -$6M in the plan year 2023 filing to -$41M in the plan year 2024 filing.
  • Retirement Plan for Employees of Devon Energy Corporation end-of-year assets fell from $480M in the plan year 2023 filing to $435M in the plan year 2024 filing.
  • Retirement Plan for Employees of Devon Energy Corporation reported participants fell from 171 in the plan year 2023 filing to 155 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Oklahoma filers

In Oklahoma, the average filing covers about 780 participants across 1,219 plans. Retirement Plan for Employees of Devon Energy Corporation reports 155 participants - about 20% of that state average ($435M EOY assets).

Oklahoma filing particulars

Total Assets (Beginning of Year)$480M
Net Assets (End of Year)$434M
Net Income-$41M
Employer EIN731567067
Plan Effective Date1973-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Devon Energy Corporation)

$1.2B$1.3B$1.4B$1.5B$1.6B 202220232024 $1.27B $1.51B ▲ +18.9%
Total plan assets by year, all Devon Energy Corporation plans on file
Year Plans Participants Total Assets
2022 2 1,823 $1.3B
2023 2 2,029 $1.4B
2024 2 2,113 $1.5B

Nearby Defined Benefit (Pension) Plans in Oklahoma

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Retirement Plan for Employees of Devon Energy Corporation vs. nearby Defined Benefit (Pension) plans in Oklahoma, assets vs. participants

Retirement Plan for Employees of Devon Energy Corporation vs. nearby Defined Benefit (Pension) plans in Oklahoma, assets vs. participants Scatter plot of 6 data points. -100001000200030004000 00.511.52 Total assets ($B) Participants Retirement Plan for …Pipeline Industry Pe…Williams Pension PlanOne Gas, Inc. Retire…Oneok, Inc. Retireme…Oge Energy Corp. Ret…
Retirement Plan for Employees of Devon Energy Corporation vs. nearby Defined Benefit (Pension) plans in Oklahoma, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Retirement Plan for Employees of Devon Energy Corporation by total assets, not by location.

Frequently Asked Questions

How did Retirement Plan for Employees of Devon Energy Corporation assets move in 2024?
Retirement Plan for Employees of Devon Energy Corporation pulled back noticeably - down 9.5% during 2024, from $480M to $435M. Reported net income was -$41M.
How have Devon Energy Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Devon Energy Corporation's sponsor-wide assets grew 18.4%, from $1.3B to $1.5B.
Where does Retirement Plan for Employees of Devon Energy Corporation rank by assets among Form 5500 filers?
Retirement Plan for Employees of Devon Energy Corporation ranks in the 97th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Retirement Plan for Employees of Devon Energy Corporation?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Torrance Health Association Employees Retirement Plan in CA ($436M, 1,183 participants).

Next read for Retirement Plan for Employees of Devon E…

Filing takeaways

Ways to act on Retirement Plan for Employees of Devon Energy Corporation's numbers.

  • By total assets, Retirement Plan for Employees of Devon Energy Corporation ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Oklahoma. Compare plans
  • Devon Energy Corporation's sponsor-wide assets have grown 18.4% since 2022 across 3 plan years on file. More Mining & Oil Extraction 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 731567067.

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