Texas › Manufacturing › 25,000 or more participants
Form 5500 statement · plan year 1 Jan 2024 to 31 Dec 2024
Exxonmobil Pension Plan
Sponsored by Exxon Mobil Corporation, Spring, TX
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. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
Exxon Mobil Corporation of Spring, Texas sponsors Exxonmobil Pension Plan, a defined benefit pension plan. Its Form 5500 for the plan year ending 31 Dec 2024 shows 60,890 participants (22,227 active) and $11.2B in net assets.
Net assets came to $184,201 per participant, well above the $88,040 median for defined benefit plans with 25,000 or more participants and well above the $67,961 median for defined benefit plans in manufacturing. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
Employer contributions were $300M for the year ($13,497 per active participant) and benefits paid were $726M. In a defined benefit plan the employer's contribution follows funding rules rather than a match formula, so it can swing widely from year to year.
Schedule C lists 13 service provider organisations paid $5,000 or more, with reported compensation of $9.6M: $158 per participant, above the same-size median of $143. Administrative expenses charged to the plan were $15.0M. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $10.4B in 2009 to $11.2B in 2024 (up 8%), and participants from 82,612 to 60,890 (down 26%).
The independent accountant's opinion on the financial statements was unmodified (unqualified).
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DB plans |
|---|---|---|---|---|
| Net assets per participant | $184,201 | $88,040 | $67,961 | $86,221 |
| Employer contributions per active participant | $13,497 | $6,524 | $6,915 | $10,244 |
| Schedule C compensation per participant | $158 | $143 | $299 | $344 |
| Schedule C compensation, share of net assets | 0.09% | 0.26% | 0.47% | 0.42% |
| Administrative expenses per participant | $246 | $306 | $498 | $527 |
Peer columns are medians for plan year 2024 across defined benefit plans with 100 or more participants: 25,000 or more participants (215 plans), manufacturing (1,532) and all US plans (5,308). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 60,890 | $11.2B | $184,201 | $300M | — | $9.6M |
| 2023 | 61,475 | $11.3B | $184,351 | — | — | $12.5M |
| 2022 | 62,625 | $10.8B | $172,088 | $3.00B | — | $11.7M |
| 2021 | 69,205 | $13.4B | $193,266 | $596M | — | $10.8M |
| 2020 | 74,445 | $16.1B | $216,186 | $794M | — | $13.2M |
| 2019 | 76,243 | $14.6B | $191,952 | $1.00B | — | $13.5M |
| 2018 | 77,225 | $12.1B | $157,229 | $1.02B | — | $15.0M |
| 2017 | 79,944 | $13.3B | $165,916 | $490M | — | $14.1M |
| 2016 | 81,028 | $13.4B | $165,313 | $618M | — | $15.2M |
| 2015 | 82,172 | $13.0B | $158,083 | $2.07B | — | $14.2M |
| 2014 | 82,923 | $13.0B | $156,457 | — | — | $16.1M |
| 2013 | 82,963 | $12.8B | $154,379 | $1.48B | — | $11.2M |
| 2012 | 83,728 | $12.9B | $154,104 | $100M | — | $12.9M |
| 2011 | 84,269 | $12.4B | $146,802 | $1.56B | — | $13.5M |
| 2010 | 85,280 | $11.4B | $133,326 | $370M | — | $12.2M |
| 2009 | 82,612 | $10.4B | $125,877 | — | — | $13.4M |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$11,333,000,000
- Employer contributions$300,000,000
- Participant contributions—
- Rollovers and other contributions—
- Total contributions$300,000,000
- Total income, including investment results$624,000,000
- Benefits paid$726,000,000
- Administrative expenses$15,000,000
- Total expenses$741,000,000
- Net income−$117,000,000
- Net transfers$0
- Net assets, end of year$11,216,000,000
Participants
- Active participants22,227
- Retired or separated, receiving benefits24,755
- Retired or separated, entitled to future benefits8,164
- Total participants, end of year60,890
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Nova Pension Consulting, LP | Consulting (pension) | $3,080,629 | $0 |
| Alight Solutions LCC | Recordkeeping and information management | $2,853,835 | $0 |
| Conduent HR Services LLC | Custodial (securities); Trustee (bank, trust company, or similar financial institution); Trustee (directed); Investment management | $875,810 | $0 |
| Northern Trust Corporation | Custodial (securities); Trustee (bank, trust company, or similar financial institution); Trustee (directed); Investment management | $596,792 | $0 |
| BlackRock Institutional Trust Co. | Actuarial; Other services | $583,277 | $0 |
| Aetna Lifeinsurance Co. | Insurance services | $545,202 | $0 |
| PricewaterhouseCoopers | Accounting (including auditing) | $397,179 | $0 |
| Willis Towers Watson US LLC | Investment management | $309,530 | $0 |
| Pacific Investment Management Compa | Investment management | $252,205 | $0 |
| The Yieldbook Salomon Analytics | Recordkeeping and information management | $89,176 | $0 |
| Factset Research Systems Inc. | Other investment fees and expenses | $23,617 | $0 |
| Metropolitan Life | Insurance services | $18,091 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. 1 smaller rows are not shown. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Other administrative expenses$10,000,000
- Contract administrator fees$4,000,000
- Investment advisory and management fees$1,000,000
- Total administrative expenses$15,000,000
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Common/collective trusts$7.25B · 60.0%
- Corporate stocks$1.97B · 16.3%
- Corporate debt instruments$797M · 6.6%
- U.S. Government securities$757M · 6.3%
- Registered investment companies (mutual funds)$469M · 3.9%
- Partnership/joint venture interests$461M · 3.8%
- Receivables$352M · 2.9%
- Other investments$36.0M · 0.3%
- Insurance company general account$2.0M · 0.0%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Accounting firmPricewaterhouse Coopers LLP
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $1,000,000
- Blackout period during the year—
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
1ABenefits are primarily pay related3HPlan sponsor(s) is (are) a member(s) of a controlled group3JU.S.-based plan that covers residents of Puerto Rico and is qualified under both codes3FPlan sponsor(s) received services of leased employees
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 324110: Petroleum Refineries (including integrated).
Other plans of Exxon Mobil Corporation
| Plan | Participants | Net assets |
|---|---|---|
| Exxonmobil Savings Plan | 37,812 | $23.6B |
Similar plans in Texas
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Chevron Retirement Plan | Chevron Corporation | 59,088 | $9.73B | $164,700 |
| HP Inc. Pension Plan | HP Inc. | 48,302 | $4.59B | $95,109 |
| Caterpillar Inc. Retirement Income Plan | Caterpillar Inc. | 38,251 | $9.19B | $240,355 |
| Shell Pension Plan | Shell USA, Inc. | 31,775 | $9.57B | $301,059 |
| BP Retirement Accumulation Plan | BP Corporation North America Inc. | 28,766 | $5.28B | $183,389 |
| Caterpillar Inc. Non-Contributory Pension Plan | Caterpillar Inc. | 23,789 | $2.37B | $99,674 |
Defined benefit plans in manufacturing closest in size.
Questions and answers
How big is Exxonmobil Pension Plan?
60,890 participants at the end of the plan year ending 31 Dec 2024, of whom 22,227 were active employees, with net assets of $11,216,000,000. Among defined benefit plans that places it in the 25,000 or more participants band, which held 215 plans in plan year 2024.
What does Exxon Mobil Corporation contribute per participant?
The filing reports $300,000,000 in employer contributions for the year, which is $13,497 per active participant; the median for plans of the same type and size was $6,524 in plan year 2024. Form 5500 reports the total only. It does not state the match formula, and the per-participant figure is an average, not any one person's contribution.
What fees does the plan pay and how do they compare?
Schedule C reports $9,635,001 in compensation to service provider organisations, $158 per participant or 0.09% of net assets. The same-size median among plans reporting any Schedule C compensation was $143 per participant. Administrative expenses on Schedule H were $15,000,000. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Exxon Mobil Corporation. Recordkeeping or administration: Alight Solutions LCC and The Yieldbook Salomon Analytics. Investment advisory or management: Conduent HR Services LLC, Northern Trust Corporation and Willis Towers Watson US LLC. Trustee or custodian: Conduent HR Services LLC and Northern Trust Corporation. The financial statements were audited by Pricewaterhouse Coopers LLP. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jan 2024 to 31 Dec 2024, received by the Department of Labor on 30 Sep 2025. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 13-5409005, plan 001, received 30 Sep 2025; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.