Exxon Mobil Corporation 401(k) employer contribution: 7% of pay
ExxonMobil Savings Plan · XOM · CIK 34088
Employer contribution, as a share of pay
7%
Exxon Mobil Corporation contributes 7% of pay to the 401(k) of every employee who contributes at least 6% themselves.
From the Form 11-K filed June 10, 2026 ↗, covering the plan year ended December 31, 2025. Page data last updated July 28, 2026, when the Form 5500 bulk data was last refreshed. Why filings lag
On this page: what the employer actually paid in · the formula, word for word · when the money becomes yours · who can join · what the plan reports to the DOL · how it compares · what to do next
What Exxon Mobil puts in, and what the plan costs
What Exxon Mobil put into the plan, per active participant
$11,514
Exxon Mobil Corporation put $11,514 into this plan for each of its 23,971 active participants in plan year 2024. This is the whole employer side of the plan: matching money, profit sharing, non-elective and safe-harbor contributions, and reallocated forfeitures. The Form 5500 does not separate them, so this is what the employer put in and not the match.
Exxon Mobil put in more per active participant than 83% of plans with 5,000+ participants in oil, gas and mining. The middle plan in that group of 31 reported $7,448. Oil, gas and mining comes from business code 324110, which Exxon Mobil entered on its own Form 5500. Sponsors pick that code themselves, so a code that does not describe what the employer does ranks the plan against the wrong companies.
Matched to this employer by sponsor name, not by an identifier stated in the filing. This record could cover another plan of the same employer.
What this figure cannot separate: how much Exxon Mobil pays, and how much it puts in
This is dollars, not a rate. A Form 5500 carries no payroll, so the figure reflects both how much the employer puts in and how much the employer pays: two plans running the same formula report different amounts when one pays better. Crossing the peer group with industry holds most of that difference still, and none of it disappears.
This is one plan year, not an average. A true-up, a plan merger or a one-off contribution moves a single year on its own.
Source: DOL Form 5500 for the plan year ended December 31, 2024, EIN 135409005, plan 334 · DOL EFAST2 ↗
The $11,514 above is the Form 5500 figure for plan year 2024, and it counts every employer dollar on one line. Exxon Mobil Corporation also files a Form 11-K, which states what the employer contributes for plan year 2025: the card below reads $3,465 a year at a $49,500 salary. That second figure is what the formula pays one worker on that salary, and not an amount either filing reports. The two figures cover different plan years and measure different things, so neither one is the other one corrected.
What Exxon Mobil puts in
$3,465
a year, at a $49,500 salary.
Once the worker contributes 6% of pay, the employer adds 7% of pay, whatever the worker puts in above that.
The match paragraph, word for word
“The Plan permits participant contributions that range from 6 percent to 20 percent of each participant's eligible pay. The Company matches only the minimum 6 percent contribution in an amount equal to 7 percent of a participant's eligible pay.”
What you contribute to collect all of it
Contribute at least 6% of your pay to collect the full match.
That is $2,970 a year at a $49,500 salary, and it scales with your own.
Vesting score
57.14 out of 100
How fast the employer’s money becomes yours. Higher than 4% of the 253 schedules we have scored.
It measures vesting speed and nothing else. It says nothing about the size of the match, what the plan charges, or the funds inside it.
Share of the employer's money that is the worker's at hire and at each of the first 6 anniversaries: 0%, 0%, 0%, 100%, 100%, 100%, 100%. The score is the average of those 7 readings.
Vesting, word for word
“Participants are immediately vested in their contributions and all earnings. Company contributions vest at 100 percent upon the earliest of completion of 3 years of vesting service, reaching age 65 while employed, or death while an employee.”
The wait before the match starts and the year-end true-up appear above when the filing states them. Neither is part of the score, and a filing that is silent on one of them is not a plan without it.
What the plan costs, against plans of its size
Not reported
The Form 5500 filing does not report the plan-paid administrative expenses this figure needs.
What is Exxon Mobil's 401(k) match formula?
Exxon Mobil's 401(k) employer money is a fixed contribution rather than a match: 7% of pay, paid to everyone who contributes at least 6% themselves. A threshold contribution is all or nothing at one contribution rate, which is not the same as a match on every dollar.
| Contribution formula | 7% of pay if you contribute at least 6% |
|---|---|
| Maximum employer contribution | 7% of compensation |
| Conditions | Participant contributions must be at least 6 percent of eligible pay (permitted range 6 to 20 percent); only the minimum 6 percent contribution is matched |
At a $45,000 salary, contributing at least 6% ($2,700) earns an employer contribution of 7% of pay, or $3,150.
What the filing says, word for word
“The Plan permits participant contributions that range from 6 percent to 20 percent of each participant's eligible pay. The Company matches only the minimum 6 percent contribution in an amount equal to 7 percent of a participant's eligible pay.”
Source: Form 11-K filed June 10, 2026, SEC EDGAR, corroborated by the filing's inline-XBRL facts · SEC ↗
What is Exxon Mobil's 401(k) vesting schedule?
Exxon Mobil vests the employer match on a cliff schedule: nothing is yours until three years of service, then 100% at once. Leave a day early and the employer money goes back to the plan, the edge a three-year cliff creates.
| Employer match vesting | Cliff: 100% vested after 3 years of service |
|---|---|
| Your own contributions | Immediate: always 100% yours |
| Accelerated vesting | 100 percent vested upon the earliest of completion of 3 years of vesting service, reaching age 65 while employed, or death while an employee |
Vesting, word for word
“Participants are immediately vested in their contributions and all earnings. Company contributions vest at 100 percent upon the earliest of completion of 3 years of vesting service, reaching age 65 while employed, or death while an employee.”
Source: Form 11-K filed June 10, 2026, SEC EDGAR · SEC ↗
Who can join Exxon Mobil's 401(k), and is enrollment automatic?
Exxon Mobil's filing does not mention automatic enrollment, which is not the same as the plan having none.
| Automatic enrollment | Not mentioned in the filing (not proof of absence) |
|---|
Source: Form 11-K filed June 10, 2026, SEC EDGAR · SEC ↗
What does the Exxon Mobil plan report on Form 5500?
The Exxon Mobil plan reported $23.7B in assets and 35,323 participants for plan year 2024.
Matched to this employer by sponsor name, not by an identifier stated in the filing. This record could cover another plan of the same employer.
| Plan named in the DOL record | ExxonMobil Savings Plan |
|---|---|
| Total plan assets | $23,711,000,000 |
| Participants | 35,323 |
| Recordkeeper | The Northern Trust Company (Custodian And Securities Lending Agent) |
How that cost compares
It is one of 653 plans in oil, gas and mining in the Form 5500 data we publish.
ExxonMobil Savings Plan on its Form 5500 filing: fees, providers and financials
How does Exxon Mobil's 401(k) match compare?
Exxon Mobil Corporation's maximum 401(k) match of 7% of pay compares with a median of 4.5% across the 181 companies in our data with a computable formula.
Employers worth reading next
Of the six employers below, three file in oil, gas and mining, two land near Exxon Mobil's maximum match and one vests on the same schedule.
Maximum match 6% of pay. Also in oil, gas and mining.
Maximum match 7% of pay. Also in oil, gas and mining.
Maximum match 7% of pay. Also in oil, gas and mining.
Maximum match 7% of pay, level with Exxon Mobil.
Maximum match 7% of pay, level with Exxon Mobil.
Employer match vests in full after 3 years. Same 3-year cliff as Exxon Mobil.
Compare Exxon Mobil Corporation with any company, side by side
What can you do next?
- Read the Form 11-K on SEC EDGAR ↗
Form 11-K filed June 10, 2026, SEC EDGAR. Every match fact on this page comes from it.
- Changed jobs? Find an old 401(k) ↗
The Department of Labor's Retirement Savings Lost & Found, a free government database.
- This year's IRS contribution limits ↗
The official deferral and catch-up limits every formula operates under.
- Download this data (CSV)
Formula, vesting and source references for this company, one file.
Questions this filing answers
What is Exxon Mobil Corporation's 401(k) match?
Exxon Mobil Corporation contributes 7% of eligible pay for employees who contribute at least 6% themselves (plan year ended December 31, 2025).
When does the Exxon Mobil Corporation 401(k) match vest?
Cliff: 100% vested after 3 years of service.
Does Exxon Mobil Corporation's 401(k) plan have automatic enrollment?
Not mentioned in the filing (not proof of absence).
Cite: 401(k) Monitor, “Exxon Mobil Corporation 401(k) plan facts”, from SEC Form 11-K accession 0000034088-26-000081, plan year ended 2025-12-31.