Employer · plans filed under one EIN
Valero Energy Corporation
San Antonio, TX · Manufacturing
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.
Valero Energy Corporation, based in San Antonio, Texas, sponsors 5 retirement plans with 100 or more participants: 2 defined contribution and 3 defined benefit. Together they reported 23,934 participant records and $7.02B in net assets.
The largest is Valero Energy Corporation Pension Plan, a cash balance pension plan with 11,896 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.
Employer contributions across the plans were $121M and participant contributions $129M in the latest plan years; benefits paid were $514M. Schedule C compensation reported to service provider organisations totalled $6.4M.
Combined net assets moved from $2.62B in 2009 to $4.28B in 2025 (up 64%). Plan mergers and spin-offs show up here as steps in the series.
Plans
| Plan | Kind | Plan year | Participants | Net assets | Per participant | Employer / active | Sch. C compensation |
|---|---|---|---|---|---|---|---|
| Valero Energy Corporation Pension Plan | cash balance pension plan | 2024 | 11,896 | $2.63B | $221,486 | $6,103 | $6.2M |
| Valero Energy Corporation Thrift Plan | ESOP with a 401(k) feature | 2025 | 9,669 | $3.92B | $405,528 | $9,828 | $0 |
| Premcor Retirement Savings Plan | 401(k) plan | 2025 | 1,012 | $361M | $356,621 | $9,257 | $0 |
| Premcor Pension Plan for Certain Union Employees | cash balance pension plan | 2024 | 692 | $36.7M | $52,970 | — | $69K |
| Premcor Pension Plan | cash balance pension plan | 2024 | 665 | $70.7M | $106,329 | — | $74K |
| US median, plan year 2024: DC plans $53,102 per participant, $2,175 employer contribution per active participant; DB plans $86,221 and $10,244. | |||||||
Trend by plan year
| Plan year | Plans | Participant records | Net assets | Employer contributions | Participant contributions |
|---|---|---|---|---|---|
| 2025 | 2 | 10,681 | $4.28B | $81.3M | $129M |
| 2024 | 5 | 24,182 | $6.45B | $119M | $134M |
| 2023 | 5 | 24,512 | $5.94B | $116M | $130M |
| 2022 | 5 | 24,395 | $5.24B | $154M | $129M |
| 2021 | 5 | 24,647 | $6.36B | $151M | $122M |
| 2020 | 4 | 12,758 | $3.14B | $70.4M | $122M |
| 2019 | 4 | 12,971 | $2.98B | $68.1M | $120M |
| 2018 | 5 | 25,525 | $4.53B | $150M | $119M |
| 2017 | 5 | 25,639 | $4.99B | $172M | $105M |
| 2016 | 5 | 25,802 | $4.29B | $140M | $98.5M |
| 2015 | 5 | 25,819 | $4.07B | $158M | $96.1M |
| 2014 | 5 | 25,954 | $3.99B | $128M | $87.3M |
| 2013 | 5 | 24,525 | $3.80B | $46.8M | $79.8M |
| 2012 | 5 | 25,571 | $3.34B | $42.8M | $74.7M |
| 2011 | 5 | 26,034 | $2.97B | $142M | $70.6M |
| 2010 | 5 | 26,511 | $3.04B | $243M | $71.2M |
| 2009 | 5 | 28,265 | $2.62B | $91.5M | $80.2M |
History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.
Service providers
| Organisation | Services reported | Plans | Compensation reported |
|---|---|---|---|
| Cooke and Bieler LP | Investment advisory (plan); Investment management | 1 | $869,911 |
| Victory Capital Management | Investment advisory (plan); Investment management | 1 | $865,039 |
| Post Advisory Group, LLC | Investment advisory (plan); Investment management | 1 | $724,046 |
| Aon Consulting, Inc. | Actuarial | 3 | $657,875 |
| Earnest Partners, LLC | — | 1 | $623,200 |
| Barrow Hanley Mewhinney and Strauss | Investment advisory (plan); Investment management | 1 | $599,312 |
| Pacific Investment Mgmt. Co. LLC | Investment advisory (plan); Investment management | 1 | $598,094 |
| Fiera Capital Inc. | Investment advisory (plan); Investment management | 1 | $539,302 |
| Aberdeen Standard Investments, Inc. | Investment advisory (plan); Investment management | 1 | $266,674 |
| Morgan Stanley Smith Barney LLC | Investment advisory (plan) | 1 | $210,000 |
| Principal Trust Company | Trustee (bank, trust company, or similar financial institution) | 3 | $195,459 |
| BlackRock Institutional Trust Co. NA | Trustee (bank, trust company, or similar financial institution); Trustee (discretionary); Investment management | 1 | $121,802 |
Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.
Questions and answers
How many retirement plans does Valero Energy Corporation have?
5 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: Valero Energy Corporation Pension Plan, Valero Energy Corporation Thrift Plan, Premcor Retirement Savings Plan and Premcor Pension Plan for Certain Union Employees and others. Smaller plans and plans filed under a subsidiary's number are not grouped here.
How much does Valero Energy Corporation contribute to its plans?
$121,319,955 in employer contributions across these plans in their latest plan years, about $7,737 per active participant record. Form 5500 reports totals and not the match or accrual formula.
Who provides services to these plans?
Schedule C filings name Cooke and Bieler LP, Victory Capital Management, Post Advisory Group, LLC and Aon Consulting, Inc. and others. Only organisations paid $5,000 or more by a plan are listed on Schedule C.
Where does this come from?
Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Aug 2026. Figures are as filed and may be amended.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.