Defined Benefit (Pension) · DOL Form 5500 · 2022

Puget Sound Energy, Inc. Pension Plan

Data updated 2026-08-25

$697M
Total assets Above avg plan size
1,990
Participants Near avg headcount
98th
Percentile by assets National rank
$350,226
Avg per participant High balance/head
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Official DOL plan name: Retirement Plan for Employees of Puget Sound Energy, Inc. · Sponsored by Puget Sound Energy, Inc. · Washington · Utilities

$697M in assets, 1,990 participants

Puget Sound Energy, Inc.'s Retirement Plan for Employees of Puget Sound Energy, Inc. reported $697M in total assets and 1,990 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.

  • #637 in Utilities (738 peers)

Where Retirement Plan for Employees of Puget Sound Energy, Inc. sits by assets

Retirement Plan for Employees of Puget Sound Energy, Inc. sits in the top 5% of all filed plans by assets, $697M for 1,990 participants (~$350,226/participant), down 25.5% in 2022.

#637
in Utilities (738 peers)
-25.5%
assets change YoY
7.0×
vs typical plan assets (national mean)

The plan reported a net loss of $241M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Retirement Plan for Employees of Puget Sound Energy, Inc.'s outsized position by total assets

Retirement Plan for Employees of Puget Sound Energy, Inc. vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$696,949,314 Top 2% higher than 98% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Retirement Plan for Employees of Puget Sound Energy, Inc.'s large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Retirement Plan for Employees of Puget Sound Energy, Inc. lands in the large band (1,990 participants).

Form 5500 schedule snapshot

Filing strip 910374630 · Puget Sound Energy, Inc. PY 2022 · Defined Benefit (Pension)

Retirement Plan for Employees of Puget Sound Energy, Inc. · $697M · 1,990 · 98th

  • BOY $697M
  • SCH 1,990
  • EBSA 98th
  • PART Defined Benefit (Pension)
  • TYPE near 2019 Bmw Pension Plan
  • NET ind #637

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Utilities retirement plans → · Plans in Washington →

Retirement Plan for Employees of Puget Sound Energy, Inc. in the asset neighbourhood

Pension Fund of Operating Engineers Local 513Pension Fund of Operating En…$700MMaine Medical Center Pension PlanMaine Medical Center Pension…$697M2019 Bmw Pension Plan$697MRetirement Plan for Employees of Puget Sound Energy, Inc.Retirement Plan for Employee…$697MDistrict No. 9 International Association of Machin Aerospace Workers Pension PlanDistrict No. 9 International…$696M
End-of-year total assets ($M) among Retirement Plan for Employees of Puget Sound Energy, Inc. and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$935M
Net Assets (End of Year)$664M
Net Income-$241M
Employer EIN910374630
Plan Effective Date1958-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Puget Sound Energy, Inc.)

Sponsor-wide plan assets over time

All Puget Sound Energy, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2.2B 25.75939147092969% vs 2022
2024 filing year
$1.6B$1.8B$2B$2.2B$2.4B 202220232024 $1.73B $2.17B ▲ +25.4%
Year Plans Participants Total Assets
2022 2 5,223 $1.7B
2023 2 5,217 $2.0B
2024 2 5,261 $2.2B

Nearby Defined Benefit (Pension) Plans in Washington

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Retirement Plan for Employees of Puget Sound Energy, Inc. vs. nearby Defined Benefit (Pension) plans in Washington, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Retirement Plan for Employees of Puget Sound Energy, Inc., Total assets ($B): 0.696949314 · Participants: 1990Retirement Plan for Employees of Puget Sound Energy, Inc.Western Conference of Teamsters Pension Plan, Total assets ($B): 53.719854718 · Participants: 226505Western Conference of Teamsters Pension PlanThe Pension Value Plan for Employees of the Boeing Company, Total assets ($B): 25.232670781 · Participants: 34042The Pension Value Plan for Employees of the Boeing CompanyThe Boeing Company Employee Retirement Plan, Total assets ($B): 17.057699432 · Participants: 34972The Boeing Company Employee Retirement PlanNorthwest Carpenters Retirement Plan, Total assets ($B): 2.972366874 · Participants: 15284Northwest Carpenters Retirement PlanLocals 302 & 612 of the Iuoe - Employers Construction Industry Retirement Plan, Total assets ($B): 2.815845616 · Participants: 8083Locals 302 & 612 of the Iuoe - Employers Construction Industry Retirement Plan
Retirement Plan for Employees of Puget Sound Energy, Inc. vs. nearby Defined Benefit (Pension) plans in Washington, assets vs. participants
Compare Retirement Plan for Employees of Puget Sound Energy, Inc. side-by-side with 3 peers →

Retirement Plan for Employees of Puget Sound Energy, Inc.'s out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Washington, the nearest Defined Benefit (Pension) by assets is 2019 Bmw Pension Plan in NJ ($697M); by covered participants it is Cf Industries Holdings, Inc. Pension Plan in IL (1,989 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($697M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,990 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Retirement Plan for Employees of Puget Sound Energy, Inc. assets move in 2022? ▼
Retirement Plan for Employees of Puget Sound Energy, Inc. declined sharply - down 25.5% during 2022, from $935M to $697M. Reported net income was -$241M.
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 Retirement Plan for Employees of Puget Sound Energy, Inc. rank by assets among Form 5500 filers? ▼
Retirement Plan for Employees of Puget Sound Energy, Inc. ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Retirement Plan for Employees of Puget Sound Energy, Inc.? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is 2019 Bmw Pension Plan in NJ ($697M, 1,499 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Retirement Plan for Employees of Puget Sound Energy, Inc.? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Cf Industries Holdings, Inc. Pension Plan in IL (1,989 participants, $161M in assets).

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 910374630.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.