401(k) · DOL Form 5500 · 2022

Public Service Enterprise Group Incorporated 401(k) Plan

Data updated 2026-08-06

$1.8B
Total assets
6,598
Participants
99th
Percentile by assets
$275,116
Avg per participant
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Official DOL plan name: Public Service Enterprise Group Inc. Employee Savings Plan · Sponsored by Public Service Enterprise Group Incorporated · New Jersey · Management of Enterprises

$1.8B in assets, 6,598 participants

Public Service Enterprise Group Incorporated's Public Service Enterprise Group Inc. Employee Savings Plan reported $1.8B in total assets and 6,598 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 139,258 plans)
  • #1,162 in Management of Enterprises (1,193 peers)

Coverage in New Jersey

Public Service Enterprise Group Inc. Employee Savings Plan covers 6,598 participants in New Jersey, 7.6x the typical New Jersey plan (state average ~865 per filing). Assets: $1.8B.

$1.8B
total plan assets (2022 EOY)
6,598
covered participants
99th
percentile by assets (of 139,258 plans)
$275,116
avg assets per participant

The plan reported a net loss of $379M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs New Jersey filers

In New Jersey, the average filing covers about 865 participants across 3,927 plans. Public Service Enterprise Group Inc. Employee Savings Plan reports 6,598 participants - 7.6x that state average ($1.8B EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)$2.2B
Net Assets (End of Year)$1.8B
Net Income-$379M
Employer EIN222625848
Plan Effective Date1981-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Public Service Enterprise Group Incorporated)

$2B$4B$6B$8B$10B 202220232024 $9.05B $4.45B ▼ -50.8%
Total plan assets by year, all Public Service Enterprise Group Incorporated plans on file
Year Plans Participants Total Assets
2022 4 21,128 $9.1B
2023 4 21,001 $8.7B
2024 2 10,454 $4.5B

Nearby 401(k) Plans in New Jersey

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

Public Service Enterprise Group Inc. Employee Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Public Service Enterprise Group Inc. Employee Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 010203040 Total assets ($B) Participants Public Service Enter…JPMorgan Chase 401(k…Verizon Savings Plan…Johnson and Johnson …Pfizer Savings PlanErnst & Young Retire…
Public Service Enterprise Group Inc. Employee Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Scale composition for Public Service Enterprise Group Inc. Employee Savings Plan

Public Service Enterprise Group Inc. Employee Savings Plan reports $1.8B in end-of-year assets across 6,598 participants (0.016% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.007% of 89,805,449 covered participants) - about $275,116 per participant (2.0x the national average assets-per-participant) . Net income for plan year 2022 was -$379M.

This plan identity (EIN 222625848, plan #006) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.8B to $2.2B (+19.9%) while covered participants moved from 6,598 to 6,585 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 6,598 $1.8B This page
2023 6,642 $2.0B Open filing
2024 · index core 6,585 $2.2B Open filing

The same sponsor also keeps 4 other index-core plans on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Public Service Enterprise Group Inc. Employee Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Public Service Enterprise Group Inc. Employee Savings Plan assets move in 2022?
Public Service Enterprise Group Inc. Employee Savings Plan declined sharply - down 18.0% during 2022, from $2.2B to $1.8B. Reported net income was -$379M.
How have Public Service Enterprise Group Incorporated plan assets changed over time?
Across 3 plan years on file (2022-2024), Public Service Enterprise Group Incorporated's sponsor-wide assets declined 50.8%, from $9.1B to $4.5B.
Where does Public Service Enterprise Group Inc. Employee Savings Plan rank by assets among Form 5500 filers?
Public Service Enterprise Group Inc. Employee Savings Plan ranks in the 99th percentile by end-of-year assets among 139,258 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 Public Service Enterprise Group Inc. Employee Savings Plan?
Among 401(k) plans in other states, the closest by assets is Peter Kiewit Sons, Inc. Retirement Savings Plan in NE ($1.8B, 15,777 participants).

Next read for Public Service Enterprise Group Inc. Emp…

Filing takeaways

Ways to act on Public Service Enterprise Group Inc. Employee Savings Plan's numbers.