401(k) · DOL Form 5500 · 2022

Public Service Enterprise Group Incorporated 401(k) Plan

Data updated 2026-08-25

$1.9B
Total assets Very large vs avg
4,070
Participants Above avg headcount
99th
Percentile by assets National rank
$468,916
Avg per participant High balance/head
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Official DOL plan name: Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan · Sponsored by Public Service Enterprise Group Incorporated · New Jersey · Management of Enterprises

$1.9B in assets, 4,070 participants

Public Service Enterprise Group Incorporated's Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan reported $1.9B in total assets and 4,070 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.

  • #1,164 in Management of Enterprises (1,193 peers)

Coverage in New Jersey

Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan covers 4,070 participants in New Jersey, 4.8x the typical New Jersey plan (state average ~844 per filing). Assets: $1.9B.

#1,164
in Management of Enterprises (1,193 peers)
-18.3%
assets change YoY
19×
vs typical plan assets (national mean)

The plan reported a net loss of $446M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan's outsized position by total assets

Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan vs every filed plan by assets

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

$1,908,487,933 Top 1% higher than 99% 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

Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan'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. Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan lands in the large band (4,070 participants).

Form 5500 schedule snapshot

Filing strip 222625848 · Public Service Enterprise Group Incorporated PY 2022 · 401(k)

Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan · $1.9B · 4,070 · 99th

  • BOY $1.9B
  • SCH 4,070
  • EBSA 99th
  • PART 401(k)
  • TYPE near Franklin Templeton 401(k) Retirement Plan
  • NET ind #1164

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 Management of Enterprises retirement plans → · Plans in New Jersey →

Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan in the asset neighbourhood

Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings PlanPublic Service Enterprise Gr…$1.9BFranklin Templeton 401(k) Retirement PlanFranklin Templeton 401(k) Re…$1.9BNnpp Contractor Savings Plan$1.9BGroup Health Plan, Inc. 401(k) PlanGroup Health Plan, Inc. 401(…$1.9BAdvanced Micro Devices, Inc. Retirement Savings PlanAdvanced Micro Devices, Inc.…$1.9B
End-of-year total assets ($B) among Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

New Jersey filing particulars

Total Assets (Beginning of Year)$2.3B
Net Assets (End of Year)$1.9B
Net Income-$446M
Employer EIN222625848
Plan Effective Date1981-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Public Service Enterprise Group Incorporated)

Sponsor-wide plan assets over time

All Public Service Enterprise Group Incorporated plans reported in each filing year

Latest sponsor-wide plan assets
$4.5B 50.79670162689594% vs 2022
2024 filing year
$2B$4B$6B$8B$10B 202220232024 $9.05B $4.45B ▼ -50.8%
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. Thrift & Tax Deferred Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 010203040 Total assets ($B) Participants Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan, Total assets ($B): 1.908487933 · Participants: 4070Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 36.787229834 · Participants: 168280JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 25.16607858 · Participants: 76788Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 21.189900271 · Participants: 43271Johnson and Johnson Savings PlanPfizer Savings Plan, Total assets ($B): 17.828820505 · Participants: 27796Pfizer Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 12.40459021 · Participants: 52975Ernst & Young Retirement Savings Plan
Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Franklin Templeton 401(k) Retirement Plan in CA ($1.9B); by covered participants it is Autoliv Asp, Inc. Employee Savings and Investment Plan in UT (4,068 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.9B here).

Similar participant headcount

Nearest other-state filings by covered participants (4,070 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 Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan assets move in 2022? ▼
Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan declined sharply - down 18.3% during 2022, from $2.3B to $1.9B. Reported net income was -$446M.
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. Thrift & Tax Deferred Savings Plan rank by assets among Form 5500 filers? ▼
Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan 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 Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Franklin Templeton 401(k) Retirement Plan in CA ($1.9B, 4,135 participants).
Which 401(k) plans cover a similar participant headcount to Public Service Enterprise Group Inc. Thrift & Tax Deferred Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Autoliv Asp, Inc. Employee Savings and Investment Plan in UT (4,068 participants, $588M in assets).