Defined Benefit (Pension) · DOL Form 5500 · 2024

Chevron Corporation Pension Plan

Data updated 2026-08-11

$9.7B
Total assets
21,297
Participants
100th
Percentile by assets
$456,956
Avg per participant
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Official DOL plan name: Chevron Retirement Plan · Sponsored by Chevron Corporation · Texas · Manufacturing

$9.7B in assets, 21,297 participants

Chevron Corporation's Chevron Retirement Plan reported $9.7B in total assets and 21,297 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 123,622 plans)
  • #17,717 in Manufacturing (17,777 peers)

Coverage in Texas

Chevron Retirement Plan covers 21,297 participants in Texas, 31x the typical Texas plan (state average ~688 per filing). Assets: $9.7B.

$9.7B
total plan assets (2024 EOY)
21,297
covered participants
100th
percentile by assets (of 123,622 plans)
$456,956
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Chevron Retirement Plan reported net income fell from $1.0B in the plan year 2023 filing to $276M in the plan year 2024 filing.
  • Chevron Retirement Plan reported participants rose from 20,576 in the plan year 2023 filing to 21,297 in the plan year 2024 filing.
  • Chevron Retirement Plan end-of-year assets rose from $9.5B in the plan year 2023 filing to $9.7B in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Texas filers

In Texas, the average filing covers about 688 participants across 10,116 plans. Chevron Retirement Plan reports 21,297 participants - 31x that state average ($9.7B EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)$9.5B
Net Assets (End of Year)$9.7B
Net Income$276M
Employer EIN940890210
Plan Effective Date1933-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Chevron Corporation)

$26B$27B$28B$29B$30B$31B 202220232024 $27.1B $30.2B ▲ +11.5%
Total plan assets by year, all Chevron Corporation plans on file
Year Plans Participants Total Assets
2022 5 39,783 $27.1B
2023 5 41,131 $28.5B
2024 6 43,012 $30.2B

Nearby Defined Benefit (Pension) Plans in Texas

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

Chevron Retirement Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants

Chevron Retirement Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants Scatter plot of 6 data points. 020000400006000080000100000120000 0102030 Total assets ($B) Participants Chevron Retirement P…AT&T Pension Benefit…Exxonmobil Pension P…Shell Pension PlanCaterpillar Inc. Ret…Bp Retirement Accumu…
Chevron Retirement Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants

Scale composition for Chevron Retirement Plan

Chevron Retirement Plan reports $9.7B in end-of-year assets across 21,297 participants (0.079% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.023% of 93,925,755 covered participants) - about $456,956 per participant (3.3x the national average assets-per-participant) . Net income for plan year 2024 was $276M.

This plan identity (EIN 940890210, plan #006) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $8.4B to $9.7B (+15.7%) while covered participants moved from 19,629 to 21,297 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 19,629 $8.4B Open filing
2023 20,576 $9.5B Open filing
2024 · index core 21,297 $9.7B This page

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

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Chevron Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Chevron Retirement Plan assets move in 2024?
Chevron Retirement Plan edged up modestly - up 2.9% during 2024, from $9.5B to $9.7B. Reported net income was $276M.
How have Chevron Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Chevron Corporation's sponsor-wide assets grew 11.5%, from $27.1B to $30.2B.
Where does Chevron Retirement Plan rank by assets among Form 5500 filers?
Chevron Retirement 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 Chevron Retirement 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).

Filing takeaways

Ways to act on Chevron Retirement Plan's numbers.