Defined Benefit (Pension) · DOL Form 5500 · 2024
Citgo Petroleum Corporation Pension Plan
Data updated 2026-08-11
- $489M
- Total assets
- 1,570
- Participants
- 97th
- Percentile by assets
- $311,513
- Avg per participant
Official DOL plan name: Retirement Plan of Citgo Petroleum Corporation and Participating Subsidiary Companies · Sponsored by Citgo Petroleum Corporation · Texas · Manufacturing
$489M in assets, 1,570 participants
Citgo Petroleum Corporation's Retirement Plan of Citgo Petroleum Corporation and Participating Subsidiary Companies reported $489M in total assets and 1,570 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 123,622 plans)
- #16,975 in Manufacturing (17,777 peers)
Coverage in Texas
Retirement Plan of Citgo Petroleum Corporation and Participating Subsidiary Companies covers 1,570 participants in Texas, 2.3x the typical Texas plan (state average ~688 per filing). Assets: $489M.
- $489M
- total plan assets (2024 EOY)
- 1,570
- covered participants
- 97th
- percentile by assets (of 123,622 plans)
- $311,513
- avg assets per participant
The plan reported a net loss of $18M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Where Retirement Plan of Citgo Petroleum Corporation and Participating Subsidiary Companies sits by total assets
Retirement Plan of Citgo Petroleum Corporation and Participating Subsidiary Companies vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$489,076,054 Top 3% higher than 97% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Retirement Plan of Citgo Petroleum Corporation and Participating Subsidiary Companies reported net income fell from $53M in the plan year 2023 filing to -$18M in the plan year 2024 filing.
- Retirement Plan of Citgo Petroleum Corporation and Participating Subsidiary Companies reported participants rose from 1,501 in the plan year 2023 filing to 1,570 in the plan year 2024 filing.
- Retirement Plan of Citgo Petroleum Corporation and Participating Subsidiary Companies end-of-year assets fell from $507M in the plan year 2023 filing to $489M in the plan year 2024 filing.
Participants vs Texas filers
In Texas, the average filing covers about 688 participants across 10,116 plans. Retirement Plan of Citgo Petroleum Corporation and Participating Subsidiary Companies reports 1,570 participants - 2.3x that state average ($489M EOY assets).
Texas filing particulars
| Total Assets (Beginning of Year) | $507M |
|---|---|
| Net Assets (End of Year) | $489M |
| Net Income | -$18M |
| Employer EIN | 731173881 |
| Plan Effective Date | 1949-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Citgo Petroleum Corporation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 4 | 7,125 | $2.2B |
| 2023 | 4 | 7,375 | $2.5B |
| 2024 | 4 | 7,785 | $2.6B |
Nearby Defined Benefit (Pension) Plans in Texas
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Retirement Plan of Citgo Petroleum Corporation and Participating Subsidiary Companies 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 Retirement Plan of Citgo Petroleum Corporation and Participating Subsidiary Companies by total assets, not by location.
- Southern California Local 831 - Employer Pension Fund (CA) $489M · 1,127
- Munich Reinsurance America, Inc. Pension Plan (NJ) $489M · 303
- Pipefitters Local 636 Defined Benefit Pension Fund (MI) $489M · 1,399
- Morgan, Lewis & Bockius LLP Cash Balance Plan (PA) $487M · 903
Frequently Asked Questions
How did Retirement Plan of Citgo Petroleum Corporation and Participating Subsidiary Companies assets move in 2024? ▼
How have Citgo Petroleum Corporation plan assets changed over time? ▼
Where does Retirement Plan of Citgo Petroleum Corporation and Participating Subsidiary Companies rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Retirement Plan of Citgo Petroleum Corporation and Participating Subsidiary Companies? ▼
Next read for Retirement Plan of Citgo Petroleum Corpo…
Filing takeaways
Ways to act on Retirement Plan of Citgo Petroleum Corporation and Participating Subsidiary Companies's numbers.
- By total assets, Retirement Plan of Citgo Petroleum Corporation and Participating Subsidiary Companies 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 Texas. Compare plans
- Citgo Petroleum Corporation's sponsor-wide assets have grown 18.0% since 2022 across 3 plan years on file. More Manufacturing plans