Defined Benefit (Pension) · DOL Form 5500 · 2022

Tucson Electric Power Company Pension Plan

Data updated 2026-08-11

$235M
Total assets
832
Participants
96th
Percentile by assets
$282,825
Avg per participant
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Official DOL plan name: Tucson Electric Power Company Salaried Employees Retirement Plan · Sponsored by Tucson Electric Power Company · Arizona · Utilities

$235M in assets, 832 participants

Tucson Electric Power Company's Tucson Electric Power Company Salaried Employees Retirement Plan reported $235M in total assets and 832 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 139,126 plans)
  • #558 in Utilities (738 peers)

Utilities sector rank

Within Utilities, Tucson Electric Power Company Salaried Employees Retirement Plan ranks #558 of 738 2022 filers by assets (228% of the sector average)-$235M for 832 participants.

$235M
total plan assets (2022 EOY)
832
covered participants
96th
percentile by assets (of 139,126 plans)
$282,825
avg assets per participant

The plan reported a net loss of $81M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Rank #558 in Utilities

Among 738 Utilities plans that filed a Form 5500 for plan year 2022, Tucson Electric Power Company Salaried Employees Retirement Plan ranks #558 by end-of-year assets - about 228% of the sector average of $537M. Nationally it sits in the 96th percentile, a weaker position within its industry than across all filers.

Utilities filing particulars

Total Assets (Beginning of Year)$317M
Net Assets (End of Year)$235M
Net Income-$81M
Employer EIN860062700
Plan Effective Date1953-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Tucson Electric Power Company)

$0.7B$0.8B$0.9B$1B$1.1B 202220232024 $0.8B $1B ▲ +25.0%
Total plan assets by year, all Tucson Electric Power Company plans on file
Year Plans Participants Total Assets
2022 4 4,087 $800M
2023 4 3,999 $926M
2024 4 4,149 $1.0B

Nearby Defined Benefit (Pension) Plans in Arizona

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

Tucson Electric Power Company Salaried Employees Retirement Plan vs. nearby Defined Benefit (Pension) plans in Arizona, assets vs. participants

Tucson Electric Power Company Salaried Employees Retirement Plan vs. nearby Defined Benefit (Pension) plans in Arizona, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 01234 Total assets ($B) Participants Tucson Electric Powe…Pinnacle West Capita…Salt River Project E…Freeport Minerals Co…Desert States Employ…Avnet Pension Plan
Tucson Electric Power Company Salaried Employees Retirement Plan vs. nearby Defined Benefit (Pension) plans in Arizona, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Tucson Electric Power Company Salaried Employees Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Tucson Electric Power Company Salaried Employees Retirement Plan assets move in 2022?
Tucson Electric Power Company Salaried Employees Retirement Plan declined sharply - down 25.7% during 2022, from $317M to $235M. Reported net income was -$81M.
How have Tucson Electric Power Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Tucson Electric Power Company's sponsor-wide assets grew 25.4%, from $800M to $1.0B.
Where does Tucson Electric Power Company Salaried Employees Retirement Plan rank by assets among Form 5500 filers?
Tucson Electric Power Company Salaried Employees Retirement Plan ranks in the 96th 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 Tucson Electric Power Company Salaried Employees Retirement Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Evonik Corporation Retirement Plan in NJ ($235M, 775 participants).

Next read for Tucson Electric Power Company Salaried E…

Filing takeaways

Ways to act on Tucson Electric Power Company Salaried Employees Retirement Plan's numbers.

  • By total assets, Tucson Electric Power Company Salaried Employees Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Arizona. Compare plans
  • Tucson Electric Power Company's sponsor-wide assets have grown 25.4% since 2022 across 3 plan years on file. More Utilities plans