401(k) · DOL Form 5500 · 2022

Puget Sound Energy, Inc. 401(k) Plan

Data updated 2026-08-11

$1.0B
Total assets
3,233
Participants
99th
Percentile by assets
$318,061
Avg per participant
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Official DOL plan name: Investment Plan for Employees of Puget Sound Energy, Inc. · Sponsored by Puget Sound Energy, Inc. · Washington · Utilities

$1.0B in assets, 3,233 participants

Puget Sound Energy, Inc.'s Investment Plan for Employees of Puget Sound Energy, Inc. reported $1.0B in total assets and 3,233 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 139,126 plans)
  • #661 in Utilities (738 peers)

Coverage in Washington

Investment Plan for Employees of Puget Sound Energy, Inc. covers 3,233 participants in Washington, 2.2x the typical Washington plan (state average ~1,476 per filing). Assets: $1.0B.

$1.0B
total plan assets (2022 EOY)
3,233
covered participants
99th
percentile by assets (of 139,126 plans)
$318,061
avg assets per participant

The plan reported a net loss of $212M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs Washington filers

In Washington, the average filing covers about 1,476 participants across 2,612 plans. Investment Plan for Employees of Puget Sound Energy, Inc. reports 3,233 participants - 2.2x that state average ($1.0B EOY assets).

Washington filing particulars

Total Assets (Beginning of Year)$1.2B
Net Assets (End of Year)$1.0B
Net Income-$212M
Employer EIN910374630
Plan Effective Date1970-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Puget Sound Energy, Inc.)

$1.6B$1.8B$2B$2.2B$2.4B 202220232024 $1.73B $2.17B ▲ +25.4%
Total plan assets by year, all Puget Sound Energy, Inc. plans on file
Year Plans Participants Total Assets
2022 2 5,223 $1.7B
2023 2 5,217 $2.0B
2024 2 5,261 $2.2B

Nearby 401(k) Plans in Washington

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Investment Plan for Employees of Puget Sound Energy, Inc. vs. nearby 401(k) plans in Washington, assets vs. participants

Investment Plan for Employees of Puget Sound Energy, Inc. vs. nearby 401(k) plans in Washington, assets vs. participants Scatter plot of 6 data points. -500000050000010000001500000 -20020406080 Total assets ($B) Participants Investment Plan for …The Boeing Company 4…Microsoft Corporatio…Costco 401(k) Retire…Amazon 401(k) PlanT-Mobile USA, Inc. 4…
Investment Plan for Employees of Puget Sound Energy, Inc. vs. nearby 401(k) plans in Washington, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Investment Plan for Employees of Puget Sound Energy, Inc. by total assets, not by location.

Frequently Asked Questions

How did Investment Plan for Employees of Puget Sound Energy, Inc. assets move in 2022?
Investment Plan for Employees of Puget Sound Energy, Inc. declined sharply - down 17.1% during 2022, from $1.2B to $1.0B. Reported net income was -$212M.
How have Puget Sound Energy, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Puget Sound Energy, Inc.'s sponsor-wide assets grew 25.8%, from $1.7B to $2.2B.
Where does Investment Plan for Employees of Puget Sound Energy, Inc. rank by assets among Form 5500 filers?
Investment Plan for Employees of Puget Sound Energy, Inc. ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Investment Plan for Employees of Puget Sound Energy, Inc.?
Among 401(k) plans in other states, the closest by assets is Technipfmc Retirement Savings Plan in TX ($1.0B, 3,352 participants).

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Filing takeaways

Ways to act on Investment Plan for Employees of Puget Sound Energy, Inc.'s numbers.

  • By total assets, Investment Plan for Employees of Puget Sound Energy, Inc. ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Washington. Compare plans
  • Puget Sound Energy, Inc.'s sponsor-wide assets have grown 25.8% since 2022 across 3 plan years on file. More Utilities plans