Defined Benefit (Pension) · DOL Form 5500 · 2024
Aera Energy Services Company Pension Plan
Data updated 2026-08-11
- $355M
- Total assets
- 790
- Participants
- 96th
- Percentile by assets
- $449,719
- Avg per participant
Official DOL plan name: Aera Energy Services Company Cash Balance Plan · Sponsored by Aera Energy Services Company · California · Mining & Oil Extraction
$355M in assets, 790 participants
Aera Energy Services Company's Aera Energy Services Company Cash Balance Plan reported $355M in total assets and 790 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.
- 96th percentile by assets (of 123,622 plans)
- #727 in Mining & Oil Extraction (785 peers)
Where Aera Energy Services Company Cash Balance Plan sits by assets
Aera Energy Services Company Cash Balance Plan sits in the top 5% of all filed plans by assets, $355M for 790 participants (~$449,719/participant), down 16.2% in 2024.
- $355M
- total plan assets (2024 EOY)
- 790
- covered participants
- 96th
- percentile by assets (of 123,622 plans)
- $449,719
- avg assets per participant
The plan reported a net loss of $17M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Where Aera Energy Services Company Cash Balance Plan sits by total assets
Aera Energy Services Company Cash Balance Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$355,277,927 Top 4% higher than 96% 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
- Aera Energy Services Company Cash Balance Plan reported net income fell from $2M in the plan year 2023 filing to -$17M in the plan year 2024 filing.
- Aera Energy Services Company Cash Balance Plan end-of-year assets fell from $424M in the plan year 2023 filing to $355M in the plan year 2024 filing.
- Aera Energy Services Company Cash Balance Plan reported participants fell from 915 in the plan year 2023 filing to 790 in the plan year 2024 filing.
Aera Energy Services Company Cash Balance Plan vs the 2024 asset distribution
By assets, Aera Energy Services Company Cash Balance Plan outranks 96% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 3.6x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $424M |
|---|---|
| Net Assets (End of Year) | $348M |
| Net Income | -$17M |
| Employer EIN | 770456453 |
| Plan Effective Date | 1997-08-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Aera Energy Services Company)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 2,038 | $819M |
| 2023 | 2 | 1,863 | $890M |
| 2024 | 2 | 1,630 | $355M |
Nearby Defined Benefit (Pension) Plans in California
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Aera Energy Services Company Cash Balance Plan vs. nearby Defined Benefit (Pension) plans in California, assets vs. participants
- Kaiser Permanente Retirement Plan $34.5B · 135,057
- Pacific Gas and Electric Company Retirement Plan $17.6B · 27,500
- Retirement Plan for Physicians and Salaried Employees of the Permanente Medical Group, Inc. $11.4B · 18,983
- Western States Carpenters Pension Plan $11.3B · 48,582
- Ilwu-Pma Pension Plan $10.8B · 15,833
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Aera Energy Services Company Cash Balance Plan by total assets, not by location.
- Scripps/Journal Pension Plan (OH) $355M · 397
- International Union of Operating Engineers Local 14-14b Pension Fd (NY) $356M · 826
- Baker Hughes Company Pension Plan (TX) $356M · 4,861
- Omaha Construction Industry Pension Plan (NE) $356M · 1,402
Frequently Asked Questions
How did Aera Energy Services Company Cash Balance Plan assets move in 2024? ▼
How have Aera Energy Services Company plan assets changed over time? ▼
Where does Aera Energy Services Company Cash Balance Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Aera Energy Services Company Cash Balance Plan? ▼
Next read for Aera Energy Services Company Cash Balanc…
Scale reading
Ways to act on Aera Energy Services Company Cash Balance Plan's numbers.
- By total assets, Aera Energy Services Company Cash Balance Plan 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 California. Compare plans
- Aera Energy Services Company's sponsor-wide assets have declined 56.6% since 2022 across 3 plan years on file. More Mining & Oil Extraction plans