Profit Sharing
2024 plan-year Profit Sharing DOL Form 5500

Devon Energy Corporation Incentive Savings Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Devon Energy Corporation · Oklahoma · Mining & Oil Extraction

What the 2023 filing shows

Devon Energy Corporation Incentive Savings Plan holds $1.1B for 1,958 participants — about $548,434 per participant, up 15.1% over the 2024 plan year.

$1.1B
total plan assets (2024 EOY)
1,958
covered participants
$548,434
avg assets per participant
+15.1%
assets growth YoY
Total Assets (2023)
$1.1B
Participants
1,958
State
Industry
Mining & Oil Extraction

What the Filing Says About Devon Energy Corporation Incentive Savings Plan

Devon Energy Corporation Incentive Savings Plan is a Profit Sharing retirement plan sponsored by Devon Energy Corporation, headquartered in Oklahoma. As of the 2024 Form 5500 filing, the plan reports $1.1B in total end-of-year assets and covers 1,958 participants across the Mining & Oil Extraction industry. The sponsor's EIN on file with the U.S. Department of Labor is 731567067, and the plan has been effective since 1990-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $933M at the beginning of 2024 to $1.1B at year-end — a gain of 15.1%. Net assets (after liabilities) closed the year at $1.1B, with reported net income of $141M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$933M
Total Assets (End of Year)$1.1B
Net Assets (End of Year)$1.1B
Net Income$141M
Plan TypeProfit Sharing
Employer EIN731567067
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Devon Energy Corporation)

Year Plans Participants Total Assets
2022 2 1,823 $1.3B
2023 2 2,029 $1.4B
2024 2 2,113 $1.5B

Nearby Profit Sharing Plans in Oklahoma

Peer Profit Sharing plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Devon Energy Corporation Incentive Savings Plan?
As of the 2024 Form 5500 filing, Devon Energy Corporation Incentive Savings Plan holds $1.1B in total assets with 1,958 participants. It is sponsored by Devon Energy Corporation.
What type of plan is Devon Energy Corporation Incentive Savings Plan?
Devon Energy Corporation Incentive Savings Plan is a Profit Sharing plan. It has been effective since 1990-01-01. The plan is filed with the U.S. Department of Labor under EIN 731567067.
Who sponsors the Devon Energy Corporation Incentive Savings Plan?
Devon Energy Corporation Incentive Savings Plan is sponsored by Devon Energy Corporation, located in Oklahoma. The sponsor's EIN is 731567067 and the plan operates in the Mining & Oil Extraction industry.
How did Devon Energy Corporation Incentive Savings Plan perform in 2024?
Devon Energy Corporation Incentive Savings Plan grew by 15.1% during 2024, moving from $933M to $1.1B in total assets. Net income was $141M.
Where can I find official filings for Devon Energy Corporation Incentive Savings Plan?
Official Form 5500 filings for Devon Energy Corporation Incentive Savings Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 731567067 or plan name at efast.dol.gov.
How does Devon Energy Corporation Incentive Savings Plan compare to other plans?
You can compare Devon Energy Corporation Incentive Savings Plan against other Profit Sharing plans on the plan type page, or view plans in Oklahoma on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

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