Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

SAN DIEGO GAS & ELECTRIC COMPANY SAVINGS PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

SAN DIEGO GAS & ELECTRIC COMPANY

This Profit Sharing plan holds $1.7B in total assets and serves 4,854 participants as of 2022. It is sponsored by SAN DIEGO GAS & ELECTRIC COMPANY in California. The plan reported a net loss of $265M for the year.

Total Assets (2023)
$1.7B
Participants
4,854
State
Industry
Utilities

What the Filing Says About SAN DIEGO GAS & ELECTRIC COMPANY SAVINGS PLAN

SAN DIEGO GAS & ELECTRIC COMPANY SAVINGS PLAN is a Profit Sharing retirement plan sponsored by SAN DIEGO GAS & ELECTRIC COMPANY, headquartered in California. As of the 2022 Form 5500 filing, the plan reports $1.7B in total end-of-year assets and covers 4,854 participants across the Utilities industry. The sponsor's EIN on file with the U.S. Department of Labor is 951184800, and the plan has been effective since 1961-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $1.9B at the beginning of 2022 to $1.7B at year-end — a decline of 13.8%. Net assets (after liabilities) closed the year at $1.7B, with reported net income of $-265,444,836 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$1.9B
Total Assets (End of Year)$1.7B
Net Assets (End of Year)$1.7B
Net Income$-265,444,836
Plan TypeProfit Sharing
Employer EIN951184800
Plan Effective Date1961-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (SAN DIEGO GAS & ELECTRIC COMPANY)

Year Plans Participants Total Assets
2022 2 9,214 $2.4B
2023 2 9,170 $2.7B
2024 2 9,465 $3.0B

Nearby Profit Sharing Plans in California

Peer Profit Sharing plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the SAN DIEGO GAS & ELECTRIC COMPANY SAVINGS PLAN?
As of the 2022 Form 5500 filing, SAN DIEGO GAS & ELECTRIC COMPANY SAVINGS PLAN holds $1.7B in total assets with 4,854 participants. It is sponsored by SAN DIEGO GAS & ELECTRIC COMPANY.
What type of plan is SAN DIEGO GAS & ELECTRIC COMPANY SAVINGS PLAN?
SAN DIEGO GAS & ELECTRIC COMPANY SAVINGS PLAN is a Profit Sharing plan. It has been effective since 1961-07-01. The plan is filed with the U.S. Department of Labor under EIN 951184800.
Who sponsors the SAN DIEGO GAS & ELECTRIC COMPANY SAVINGS PLAN?
SAN DIEGO GAS & ELECTRIC COMPANY SAVINGS PLAN is sponsored by SAN DIEGO GAS & ELECTRIC COMPANY, located in California. The sponsor's EIN is 951184800 and the plan operates in the Utilities industry.
How did SAN DIEGO GAS & ELECTRIC COMPANY SAVINGS PLAN perform in 2022?
SAN DIEGO GAS & ELECTRIC COMPANY SAVINGS PLAN declined by 13.8% during 2022, moving from $1.9B to $1.7B in total assets. Net income was $-265,444,836.
Where can I find official filings for SAN DIEGO GAS & ELECTRIC COMPANY SAVINGS PLAN?
Official Form 5500 filings for SAN DIEGO GAS & ELECTRIC COMPANY SAVINGS PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 951184800 or plan name at efast.dol.gov.
How does SAN DIEGO GAS & ELECTRIC COMPANY SAVINGS PLAN compare to other plans?
You can compare SAN DIEGO GAS & ELECTRIC COMPANY SAVINGS PLAN against other Profit Sharing plans on the plan type page, or view plans in California on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 951184800.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.